Analog Devices, Inc. $ADI Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC reduced its position in Analog Devices, Inc. (NASDAQ:ADI) by 1.5% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 26,813 shares of the semiconductor company’s stock after selling 404 shares during the quarter. Welch & Forbes LLC’s holdings in Analog Devices were worth $6,382,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of ADI. Activest Wealth Management boosted its holdings in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in Analog Devices in the 2nd quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in Analog Devices during the 1st quarter worth approximately $33,000. North Capital Inc. acquired a new position in Analog Devices during the 1st quarter worth approximately $36,000. Finally, Saudi Central Bank purchased a new position in shares of Analog Devices during the 1st quarter worth approximately $39,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ADI shares. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. UBS Group dropped their target price on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a report on Monday, July 7th. Morgan Stanley boosted their price target on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Truist Financial raised their price objective on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research note on Thursday, August 21st. Two investment 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. According to data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average price target of $275.29.

Insiders Place Their Bets

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 stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ray Stata sold 3,125 shares of the 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 transaction, the director directly owned 155,071 shares in the company, valued at approximately $38,290,131.32. This represents a 1.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is currently owned by insiders.

Analog Devices Trading Up 0.5%

Shares of ADI opened at $234.13 on Friday. 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, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The stock has a market cap of $115.18 billion, a price-to-earnings ratio of 59.73, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. The firm has a 50 day simple moving average of $243.92 and a 200-day simple moving average of $230.13.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. Analog Devices’s quarterly 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. Equities analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company 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. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. Analog Devices’s payout ratio is 101.02%.

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.