Baldwin Wealth Partners LLC MA trimmed its stake in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 17.1% during the second quarter, HoldingsChannel.com reports. The firm owned 69,382 shares of the semiconductor company’s stock after selling 14,347 shares during the quarter. Analog Devices makes up 1.1% of Baldwin Wealth Partners LLC MA’s portfolio, making the stock its 25th largest position. Baldwin Wealth Partners LLC MA’s holdings in Analog Devices were worth $16,514,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Analog Devices by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock valued at $9,975,681,000 after purchasing an additional 359,841 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after acquiring an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. increased its stake in Analog Devices by 0.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock worth $793,616,000 after acquiring an additional 12,666 shares during the last quarter. Amundi increased its stake in Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after acquiring an additional 880,636 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Analog Devices by 1.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock worth $685,109,000 after acquiring an additional 63,566 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.
Insider Activity at Analog Devices
In related news, Director Edward H. Frank sold 1,000 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Martin Cotter sold 12,500 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the sale, the senior vice president owned 63,048 shares of the company’s stock, valued at $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 52,240 shares of company stock worth $12,980,578 over the last three months. Corporate insiders own 0.33% of the company’s stock.
Analog Devices Price Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last issued 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. The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.
Analog Devices Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.7%. Analog Devices’s dividend payout ratio is currently 101.02%.
Analyst Ratings Changes
A number of equities analysts have weighed in on ADI shares. Benchmark upped their target price on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a research note on Wednesday. Morgan Stanley upped their target price on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Finally, Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.
Check Out Our Latest Stock Report on ADI
Analog Devices 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.
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