Brighton Jones LLC Raises Stake in Analog Devices, Inc. $ADI

Brighton Jones LLC raised its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 19.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,389 shares of the semiconductor company’s stock after purchasing an additional 391 shares during the period. Brighton Jones LLC’s holdings in Analog Devices were worth $569,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Analog Devices by 0.7% during 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 purchasing an additional 359,841 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings 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 worth $2,304,098,000 after buying an additional 2,407,460 shares in the last quarter. Raymond James Financial Inc. lifted its holdings 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 worth $793,616,000 after buying an additional 12,666 shares in the last quarter. Amundi lifted its holdings 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 worth $785,071,000 after buying an additional 880,636 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 worth $685,109,000 after buying an additional 63,566 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Price Performance

Analog Devices stock opened at $235.04 on Thursday. The company has a market cap of $115.63 billion, a price-to-earnings ratio of 59.96, a PEG ratio of 2.02 and a beta of 1.09. The firm’s fifty day moving average is $244.56 and its 200 day moving average is $229.37. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13.

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, beating analysts’ consensus estimates of $1.95 by $0.10. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

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

Insider Buying and Selling at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction on 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 transaction, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Vincent Roche sold 20,000 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the transaction, the chief executive officer owned 23,515 shares in the company, valued at $5,979,629.35. This trade represents a 45.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 49,115 shares of company stock valued at $12,232,985. Insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ADI. The Goldman Sachs Group began coverage on shares of Analog Devices in a report on Thursday, July 10th. They issued a “buy” rating and a $285.00 target price on the stock. Benchmark boosted their target price on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Stifel Nicolaus boosted their target price on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday, October 8th. 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.