Analog Devices, Inc. $ADI Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC decreased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 9.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,232 shares of the semiconductor company’s stock after selling 233 shares during the period. Quotient Wealth Partners LLC’s holdings in Analog Devices were worth $531,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ADI. China Universal Asset Management Co. Ltd. lifted its stake in shares of Analog Devices by 284.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock worth $6,262,000 after buying an additional 22,973 shares during the period. Sowell Financial Services LLC acquired a new stake in Analog Devices during the 1st quarter worth about $296,000. Keybank National Association OH grew its stake in Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock valued at $5,461,000 after purchasing an additional 12,505 shares during the last quarter. Eastern Bank increased its holdings in shares of Analog Devices by 6.0% in the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock valued at $39,664,000 after purchasing an additional 11,101 shares during the period. Finally, McLean Asset Management Corp purchased a new position in shares of Analog Devices in the second quarter worth about $262,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on ADI. Barclays upped their target price 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. Cantor Fitzgerald increased their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Morgan Stanley raised their target price on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Finally, The Goldman Sachs Group began coverage on Analog Devices in a research report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Read Our Latest Stock Analysis on Analog Devices

Insiders Place Their Bets

In other news, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. This represents a 16.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 directly owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is owned by insiders.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $242.87 on Friday. The company has a market capitalization of $119.48 billion, a PE ratio of 61.96, a price-to-earnings-growth ratio of 2.05 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 company’s fifty day moving average price is $243.30 and its 200 day moving average price is $225.47. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADIGet Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share 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 business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the prior year, the firm posted $1.58 earnings per share. The company’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. On average, research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

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.

See Also

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

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