Analog Devices, Inc. $ADI Shares Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,666 shares of the semiconductor company’s stock after purchasing an additional 166 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Analog Devices were worth $1,111,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of ADI. Activest Wealth Management increased its holdings in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares during the period. RMG Wealth Management LLC acquired a new position in shares of Analog Devices in the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC acquired a new position in shares of Analog Devices in the 1st quarter valued at $33,000. North Capital Inc. acquired a new position in shares of Analog Devices in the 1st quarter valued at $36,000. Finally, Saudi Central Bank acquired a new position in shares of Analog Devices in the 1st quarter valued at $39,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Price Performance

Analog Devices stock opened at $232.90 on Friday. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The firm’s 50-day simple moving average is $244.28 and its 200 day simple moving average is $229.39. The firm has a market capitalization of $114.58 billion, a PE ratio of 59.41, a P/E/G ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the firm earned $1.58 EPS. The business’s revenue for the quarter 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, equities research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.7%. Analog Devices’s payout ratio is presently 101.02%.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 23,515 shares of the company’s stock, valued at $5,979,629.35. This represents a 45.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the transaction, the director directly owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. This represents a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,115 shares of company stock worth $12,232,985 in the last ninety days. Company insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday, October 8th. Piper Sandler lifted their target price 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. Morgan Stanley lifted their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. The Goldman Sachs Group started coverage on shares of Analog Devices in a research report on Thursday, July 10th. They issued a “buy” rating and a $285.00 price objective on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.