Analog Devices, Inc. $ADI Shares Acquired by Forum Financial Management LP

Forum Financial Management LP increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 14.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,782 shares of the semiconductor company’s stock after purchasing an additional 718 shares during the quarter. Forum Financial Management LP’s holdings in Analog Devices were worth $1,376,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Ethic Inc. lifted its holdings in shares of Analog Devices by 2.3% in the second quarter. Ethic Inc. now owns 34,779 shares of the semiconductor company’s stock valued at $8,241,000 after buying an additional 782 shares during the period. Meadow Creek Wealth Advisors LLC lifted its holdings in shares of Analog Devices by 5.2% during the second quarter. Meadow Creek Wealth Advisors LLC now owns 1,708 shares of the semiconductor company’s stock valued at $407,000 after purchasing an additional 84 shares during the last quarter. Caliber Wealth Management LLC KS lifted its holdings in shares of Analog Devices by 12.3% during the second quarter. Caliber Wealth Management LLC KS now owns 14,225 shares of the semiconductor company’s stock valued at $3,386,000 after purchasing an additional 1,557 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of Analog Devices by 9.6% during the second quarter. Rehmann Capital Advisory Group now owns 2,472 shares of the semiconductor company’s stock valued at $589,000 after purchasing an additional 217 shares during the last quarter. Finally, Exencial Wealth Advisors LLC lifted its holdings in shares of Analog Devices by 62.7% during the second quarter. Exencial Wealth Advisors LLC now owns 8,106 shares of the semiconductor company’s stock valued at $1,929,000 after purchasing an additional 3,125 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the completion of the transaction, the director owned 155,071 shares in the company, valued at $38,290,131.32. This trade represents a 1.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the firm’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 transaction, the senior vice president owned 13,549 shares of the company’s stock, valued at $3,360,558.47. This trade represents a 15.52% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 49,115 shares of company stock worth $12,232,985. 0.33% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ADI shares. The Goldman Sachs Group started coverage on Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 target price for the company. Benchmark upped their target price on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. JPMorgan Chase & Co. increased their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a research note on Wednesday, October 8th. Two research 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $275.29.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $240.36 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The firm has a market cap of $118.25 billion, a price-to-earnings ratio of 61.32, a P/E/G ratio of 2.08 and a beta of 1.09. The business’s 50-day simple moving average is $244.08 and its 200-day simple moving average is $226.59. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 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 for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the prior year, the company earned $1.58 EPS. The firm’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. As a group, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a $0.99 dividend. 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%.

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.