Sentry Investment Management LLC Takes Position in Analog Devices, Inc. $ADI

Sentry Investment Management LLC bought a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, Holdings Channel reports. The fund bought 229 shares of the semiconductor company’s stock, valued at approximately $56,000.

Other hedge funds have also recently made changes to their positions in the company. Activest Wealth Management increased its stake in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares during the period. RMG Wealth Management LLC bought a new stake in shares of Analog Devices during the second quarter valued at approximately $26,000. Alpine Bank Wealth Management bought a new stake in shares of Analog Devices during the first quarter valued at approximately $27,000. N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices during the first quarter valued at approximately $33,000. Finally, North Capital Inc. bought a new stake in shares of Analog Devices during the first quarter valued at approximately $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. UBS Group dropped their price target on Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research report on Monday, July 7th. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. The Goldman Sachs Group assumed 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. Truist Financial lifted their price target on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research report on Thursday, August 21st. Finally, Cantor Fitzgerald lifted their price target on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Two 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. According to data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Analog Devices Trading Up 0.5%

Analog Devices stock opened at $242.87 on Monday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The business’s fifty day simple moving average is $243.30 and its two-hundred day simple moving average is $225.78. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The company has a market capitalization of $119.48 billion, a price-to-earnings ratio of 61.96, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09.

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

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders 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 dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. 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 on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the transaction, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the transaction, the senior vice president directly owned 63,048 shares in the company, valued at approximately $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 49,115 shares of company stock valued at $12,232,985. Corporate insiders own 0.33% of the company’s stock.

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.