Analog Devices, Inc. $ADI Stock Bought by Partners Wealth Management LLC

Partners Wealth Management LLC increased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 222.4% during the third quarter, Holdings Channel reports. The firm owned 1,754 shares of the semiconductor company’s stock after purchasing an additional 1,210 shares during the period. Partners Wealth Management LLC’s holdings in Analog Devices were worth $696,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ADI. Contravisory Investment Management Inc. bought a new stake in Analog Devices during the second quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in Analog Devices in the second quarter worth approximately $25,000. Nvwm LLC increased its holdings in shares of Analog Devices by 590.0% in the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Analog Devices in the first quarter valued at $30,000. Finally, Cornerstone Financial Management LLC lifted its position in shares of Analog Devices by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 28 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. KeyCorp raised their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Arete Research lifted their target price on Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, October 25th. Needham & Company LLC boosted their target price on Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Finally, TD Cowen upped their target price on Analog Devices from $460.00 to $475.00 and gave the company a “buy” rating in a report on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $460.55.

Analog Devices Stock Down 3.7%

Analog Devices stock opened at $417.11 on Friday. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The firm has a market cap of $202.12 billion, a PE ratio of 49.48, a P/E/G ratio of 1.28 and a beta of 1.22. The firm’s 50 day moving average price is $388.54 and its two-hundred day moving average price is $371.13.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. During the same quarter last year, the business posted $2.05 EPS. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts predict that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is currently 52.19%.

Insider Buying and Selling at Analog Devices

In related news, insider Vivek Jain sold 3,305 shares of Analog Devices stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares of the company’s stock, valued at approximately $16,437,216.24. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Katsufumi Nakamura sold 1,200 shares of the business’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $415.02, for a total value of $498,024.00. Following the completion of the transaction, the insider owned 14,849 shares in the company, valued at $6,162,631.98. This trade represents a 7.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 52,436 shares of company stock valued at $20,014,954 in the last quarter. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.