Clark Asset Management LLC Acquires 735 Shares of Analog Devices, Inc. $ADI

Clark Asset Management LLC grew its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 34.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,899 shares of the semiconductor company’s stock after acquiring an additional 735 shares during the quarter. Clark Asset Management LLC’s holdings in Analog Devices were worth $690,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD raised its position in Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after purchasing an additional 2,407,460 shares during the period. Nuveen LLC purchased a new position in Analog Devices in the 1st quarter worth $351,943,000. Amundi raised its position in Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after purchasing an additional 880,636 shares during the period. Voya Investment Management LLC raised its position in Analog Devices by 211.9% in the 1st quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock worth $150,295,000 after purchasing an additional 506,314 shares during the period. Finally, National Bank of Canada FI raised its position in Analog Devices by 52.5% in the 1st quarter. National Bank of Canada FI now owns 1,265,440 shares of the semiconductor company’s stock worth $255,200,000 after purchasing an additional 435,881 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the sale, the chief executive officer owned 140,118 shares in the company, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,115 shares of company stock valued at $12,232,985. Company insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

ADI stock opened at $243.01 on Tuesday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The company has a market cap of $119.55 billion, a P/E ratio of 61.99, a PEG ratio of 2.01 and a beta of 1.09. The firm has a 50-day moving average of $244.58 and a 200 day moving average of $228.55. 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 (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (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 company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the prior year, the firm earned $1.58 earnings per share. Analog Devices’s revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The business also recently announced 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 payout ratio is 101.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ADI shares. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Cantor Fitzgerald boosted their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Citigroup reaffirmed a “buy” rating and set a $290.00 price objective (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Finally, The Goldman Sachs Group initiated coverage on shares of Analog Devices in a research note on Thursday, July 10th. They set a “buy” rating and a $285.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.