Analog Devices, Inc. $ADI Shares Bought by Equitable Trust Co.

Equitable Trust Co. lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,845 shares of the semiconductor company’s stock after purchasing an additional 7,701 shares during the period. Analog Devices makes up about 1.1% of Equitable Trust Co.’s holdings, making the stock its 22nd biggest position. Equitable Trust Co.’s holdings in Analog Devices were worth $21,623,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. RMG Wealth Management LLC acquired a new position in shares of Analog Devices in the second quarter worth about $26,000. Activest Wealth Management lifted its position 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 in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Analog Devices in the 1st quarter valued at approximately $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Analog Devices in the 1st quarter valued at approximately $33,000. Finally, North Capital Inc. purchased a new stake in shares of Analog Devices in the 1st quarter valued at approximately $36,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ADI has been the topic of several recent analyst reports. Noble Financial raised shares of Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. Stifel Nicolaus lifted their price target on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a report on Friday, July 18th. Cantor Fitzgerald lifted their price target on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Citigroup reaffirmed a “buy” rating and set a $290.00 target price (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Finally, Truist Financial upped their target price on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $275.29.

Analog Devices Stock Up 4.1%

ADI opened at $234.67 on Tuesday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The business has a 50-day moving average of $241.91 and a 200-day moving average of $224.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The company has a market capitalization of $115.45 billion, a PE ratio of 59.86, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

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

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total value of $2,437,100.00. Following the completion of the sale, the chief executive officer owned 140,118 shares of the company’s stock, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the sale, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,240 shares of company stock worth $12,980,578 in the last 90 days. 0.33% of the stock is owned by corporate insiders.

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.