Huntleigh Advisors Inc. grew its position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 0.9% in the second quarter, HoldingsChannel.com reports. The fund owned 19,062 shares of the semiconductor company’s stock after buying an additional 175 shares during the quarter. Analog Devices comprises 0.9% of Huntleigh Advisors Inc.’s portfolio, making the stock its 27th biggest position. Huntleigh Advisors Inc.’s holdings in Analog Devices were worth $4,537,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Analog Devices by 0.7% in the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock valued at $9,975,681,000 after acquiring an additional 359,841 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after acquiring an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Analog Devices by 0.3% in the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock valued at $793,616,000 after acquiring an additional 12,666 shares during the last quarter. Amundi raised its stake in shares of Analog Devices by 29.2% in the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after acquiring an additional 880,636 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Analog Devices by 1.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock valued at $685,109,000 after acquiring an additional 63,566 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on ADI. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Morgan Stanley raised their price target on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. KeyCorp raised their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Piper Sandler raised their price target on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. Finally, Barclays raised their price target on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $275.29.
Insider Activity
In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the sale, the director directly owned 155,071 shares of the company’s stock, valued at $38,290,131.32. This represents a 1.98% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 49,115 shares of company stock worth $12,232,985. Corporate insiders own 0.33% of the company’s stock.
Analog Devices Price Performance
ADI opened at $242.87 on Friday. The company has a fifty day moving average price of $243.30 and a two-hundred day moving average price of $225.29. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The firm has a market capitalization of $119.48 billion, a PE ratio of 61.96, a P/E/G ratio of 2.04 and a beta of 1.09.
Analog Devices (NASDAQ:ADI – Get Free Report) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates 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 previous year, the business earned $1.58 EPS. The business’s quarterly 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. As a group, analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is currently 101.02%.
Analog Devices Company Profile
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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