Deroy & Devereaux Private Investment Counsel Inc. Acquires 544 Shares of Analog Devices, Inc. $ADI

Deroy & Devereaux Private Investment Counsel Inc. grew its holdings in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 27.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,504 shares of the semiconductor company’s stock after buying an additional 544 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Analog Devices were worth $596,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ADI. Brighton Jones LLC boosted its holdings in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 529 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Analog Devices by 26.7% in the 1st quarter. GAMMA Investing LLC now owns 10,967 shares of the semiconductor company’s stock worth $2,212,000 after purchasing an additional 2,314 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of Analog Devices by 4.3% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company’s stock worth $1,224,000 after purchasing an additional 251 shares during the last quarter. Ritholtz Wealth Management raised its position in shares of Analog Devices by 6.1% in the 1st quarter. Ritholtz Wealth Management now owns 6,609 shares of the semiconductor company’s stock worth $1,333,000 after purchasing an additional 379 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new position in shares of Analog Devices in the 1st quarter worth about $296,000. Institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ADI shares. KeyCorp lifted their price target on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Evercore ISI lifted their price target on Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Benchmark lifted their price target on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. UBS Group lowered their price target on Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a research report on Monday, July 7th. Finally, Barclays lifted their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.

Check Out Our Latest Stock Analysis on Analog Devices

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $235.40 on Wednesday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The firm has a market cap of $115.81 billion, a price-to-earnings ratio of 60.05, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The business has a 50-day simple moving average of $242.20 and a two-hundred day simple moving average of $224.62.

Analog Devices (NASDAQ:ADIGet Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. The business’s revenue for the quarter 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. On average, analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

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

Insider Activity

In other news, Director Edward H. Frank sold 1,000 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,115 shares of company stock worth $12,232,985. Company insiders own 0.33% of the company’s stock.

Analog Devices Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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