Zevin Asset Management LLC Reduces Stake in Analog Devices, Inc. $ADI

Zevin Asset Management LLC lowered its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 32.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,451 shares of the semiconductor company’s stock after selling 32,622 shares during the period. Analog Devices accounts for 2.3% of Zevin Asset Management LLC’s investment portfolio, making the stock its 16th biggest holding. Zevin Asset Management LLC’s holdings in Analog Devices were worth $16,055,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of ADI. Bryn Mawr Trust Advisors LLC lifted its position in shares of Analog Devices by 5.6% during the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 39,663 shares of the semiconductor company’s stock valued at $9,441,000 after buying an additional 2,088 shares during the last quarter. Atlas Legacy Advisors LLC boosted its holdings in Analog Devices by 18.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 3,223 shares of the semiconductor company’s stock valued at $767,000 after purchasing an additional 493 shares during the period. Savant Capital LLC grew its holdings in shares of Analog Devices by 13.3% during the second quarter. Savant Capital LLC now owns 10,849 shares of the semiconductor company’s stock worth $2,582,000 after purchasing an additional 1,273 shares in the last quarter. Soltis Investment Advisors LLC raised its position in shares of Analog Devices by 12.9% during the 2nd quarter. Soltis Investment Advisors LLC now owns 6,401 shares of the semiconductor company’s stock valued at $1,523,000 after buying an additional 729 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its stake in shares of Analog Devices by 13.1% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 179,371 shares of the semiconductor company’s stock valued at $42,666,000 after purchasing an additional 20,794 shares in the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Stock Performance

ADI opened at $229.69 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 company has a 50 day simple moving average of $242.16 and a two-hundred day simple moving average of $231.33. The firm has a market cap of $113.00 billion, a P/E ratio of 58.81, a PEG ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS 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 business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the business earned $1.58 earnings per share. The business’s 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 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is currently 101.02%.

Insider Buying and Selling

In other Analog Devices news, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the transaction, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This trade represents a 16.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total transaction of $719,406.25. Following the completion of the transaction, the director directly owned 142,571 shares of the company’s stock, valued at approximately $32,821,269.91. The trade was a 2.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 62,240 shares of company stock valued at $15,301,891 in the last three months. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ADI shares. The Goldman Sachs Group initiated coverage on Analog Devices in a research report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target on the stock. Evercore ISI raised their target price on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Stifel Nicolaus increased their price target on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday, October 8th. Finally, Truist Financial upped their target price on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a report on Thursday, August 21st. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $277.89.

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.