Wealthcare Advisory Partners LLC Trims Stock Holdings in Analog Devices, Inc. $ADI

Wealthcare Advisory Partners LLC reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by 6.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,097 shares of the semiconductor company’s stock after selling 303 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Analog Devices were worth $975,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Baader Bank Aktiengesellschaft increased its holdings in Analog Devices by 3.9% during the 2nd quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock worth $270,000 after purchasing an additional 43 shares during the last quarter. EFG Asset Management North America Corp. increased its holdings in Analog Devices by 0.3% during the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after purchasing an additional 47 shares during the last quarter. Regatta Capital Group LLC increased its holdings in Analog Devices by 4.5% during the 2nd quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company’s stock worth $268,000 after purchasing an additional 48 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its holdings in Analog Devices by 0.6% during the 2nd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,259 shares of the semiconductor company’s stock worth $1,966,000 after purchasing an additional 50 shares during the last quarter. Finally, Heritage Financial Services LLC increased its holdings in Analog Devices by 1.6% during the 1st quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 53 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analog Devices Stock Performance

Shares of ADI stock opened at $237.93 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The stock’s 50-day moving average is $241.32 and its two-hundred day moving average is $223.86. The firm has a market cap of $117.05 billion, a P/E ratio of 60.70, a PEG ratio of 1.97 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the prior year, the firm posted $1.58 EPS. The business’s revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is 101.02%.

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the sale, the senior vice president owned 63,048 shares in the company, valued at approximately $15,525,570. This represents a 16.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,240 shares of company stock worth $12,980,578 in the last 90 days. Insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

ADI has been the topic of several research reports. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Barclays upped their price target on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. Morgan Stanley upped their price target on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. KeyCorp upped their price target on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, Wells Fargo & Company upped their price target on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.