Heritage Financial Services LLC Decreases Stake in Analog Devices, Inc. $ADI

Heritage Financial Services LLC trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,154 shares of the semiconductor company’s stock after selling 163 shares during the quarter. Heritage Financial Services LLC’s holdings in Analog Devices were worth $751,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Trust Co. of Vermont increased its holdings in Analog Devices by 0.3% during the 2nd quarter. Trust Co. of Vermont now owns 69,098 shares of the semiconductor company’s stock worth $16,447,000 after purchasing an additional 173 shares during the last quarter. Impact Capital Partners LLC increased its stake in shares of Analog Devices by 1.0% in the second quarter. Impact Capital Partners LLC now owns 12,035 shares of the semiconductor company’s stock worth $2,865,000 after buying an additional 116 shares during the last quarter. Childress Capital Advisors LLC acquired a new stake in Analog Devices in the second quarter valued at $207,000. Union Bancaire Privee UBP SA raised its holdings in Analog Devices by 20.4% in the second quarter. Union Bancaire Privee UBP SA now owns 11,539 shares of the semiconductor company’s stock valued at $2,673,000 after acquiring an additional 1,952 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its stake in Analog Devices by 5.5% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,172 shares of the semiconductor company’s stock valued at $279,000 after acquiring an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

ADI stock opened at $239.28 on Thursday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The stock has a market capitalization of $117.71 billion, a price-to-earnings ratio of 61.04, a PEG ratio of 2.07 and a beta of 1.09. 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 stock’s fifty day moving average is $240.30 and its two-hundred day moving average is $222.78.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the company earned $1.58 EPS. The company’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. On average, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders 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 payout ratio is 101.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, July 18th. The Goldman Sachs Group began coverage on Analog Devices in a research note on Thursday, July 10th. They set a “buy” rating and a $285.00 price objective on the stock. Truist Financial increased 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. Morgan Stanley boosted their price target on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average target price of $275.29.

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the sale, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices 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 directly owned 155,071 shares in the company, valued at $38,290,131.32. This represents a 1.98% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 41,240 shares of company stock valued at $10,300,738. Insiders own 0.33% of the company’s stock.

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.