BKM Wealth Management LLC Increases Holdings in Analog Devices, Inc. $ADI

BKM Wealth Management LLC grew its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,014 shares of the semiconductor company’s stock after buying an additional 176 shares during the quarter. Analog Devices accounts for approximately 1.1% of BKM Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. BKM Wealth Management LLC’s holdings in Analog Devices were worth $2,860,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ADI. Brighton Jones LLC raised its position in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 529 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Analog Devices by 26.7% during the 1st quarter. GAMMA Investing LLC now owns 10,967 shares of the semiconductor company’s stock valued at $2,212,000 after buying an additional 2,314 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in Analog Devices in the 1st quarter worth about $296,000. Blue Trust Inc. raised its position in Analog Devices by 21.6% in the 1st quarter. Blue Trust Inc. now owns 3,681 shares of the semiconductor company’s stock worth $742,000 after purchasing an additional 655 shares during the period. Finally, Segment Wealth Management LLC raised its position in Analog Devices by 166.8% in the 1st quarter. Segment Wealth Management LLC now owns 2,879 shares of the semiconductor company’s stock worth $581,000 after purchasing an additional 1,800 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analog Devices Stock Performance

Shares of NASDAQ:ADI opened at $242.87 on Friday. The firm has a market cap of $119.48 billion, a PE ratio of 61.96, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09. The firm’s 50 day simple moving average is $243.30 and its 200-day simple moving average is $225.47. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The business 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 quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid 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 1.6%. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Insider Activity

In other news, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the transaction, the director directly owned 5,118 shares in the company, valued at approximately $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Martin Cotter sold 12,500 shares of the stock in a transaction that occurred 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 approximately $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ADI. Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. increased their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Stifel Nicolaus increased their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald increased their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Analog Devices currently has an average 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.