Ellevest Inc. Buys Shares of 846 Analog Devices, Inc. $ADI

Ellevest Inc. purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, HoldingsChannel reports. The fund purchased 846 shares of the semiconductor company’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its holdings in Analog Devices by 26.7% during 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 purchasing an additional 2,407,460 shares during the last quarter. Nuveen LLC acquired a new stake in Analog Devices in the 1st quarter valued at $351,943,000. Amundi lifted its position in Analog Devices by 29.2% during the 1st 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. Voya Investment Management LLC lifted its position in Analog Devices by 211.9% during the 1st quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock worth $150,295,000 after buying an additional 506,314 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Analog Devices by 88.2% during the 2nd quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock worth $247,668,000 after buying an additional 487,535 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ADI has been the subject of several recent research reports. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. Morgan Stanley upped their price objective on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Piper Sandler increased their price objective on Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. BNP Paribas Exane assumed coverage on shares of Analog Devices in a research note on Tuesday. They issued an “outperform” rating and a $300.00 target price for the company. Finally, Benchmark upped their price target on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus price target of $277.89.

Insider Buying and Selling

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $234.95, for a total value of $2,349,500.00. Following the sale, the chief executive officer directly owned 163,640 shares in the company, valued at $38,447,218. This represents a 5.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 62,240 shares of company stock valued at $15,301,891 in the last quarter. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Stock Down 1.9%

ADI stock opened at $228.48 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. The stock has a market capitalization of $112.40 billion, a price-to-earnings ratio of 58.29, a PEG ratio of 1.98 and a beta of 1.09. The business’s fifty day moving average price is $241.70 and its two-hundred day moving average price is $231.70. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its 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. 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 analysts’ expectations of $2.76 billion. During the same quarter in the previous year, the business posted $1.58 earnings per share. 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. On average, equities analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently announced 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 of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. Analog Devices’s dividend payout ratio (DPR) is currently 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.