Cerro Pacific Wealth Advisors LLC Has $1.26 Million Position in Analog Devices, Inc. $ADI

Cerro Pacific Wealth Advisors LLC reduced its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 8.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,297 shares of the semiconductor company’s stock after selling 463 shares during the quarter. Cerro Pacific Wealth Advisors LLC’s holdings in Analog Devices were worth $1,261,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ADI. Brighton Jones LLC raised its stake in Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after purchasing an additional 529 shares during the period. GAMMA Investing LLC raised its stake in Analog Devices by 26.7% during the 1st quarter. GAMMA Investing LLC now owns 10,967 shares of the semiconductor company’s stock valued at $2,212,000 after purchasing an additional 2,314 shares during the period. SG Americas Securities LLC raised its stake in Analog Devices by 385.1% during the 1st quarter. SG Americas Securities LLC now owns 10,105 shares of the semiconductor company’s stock valued at $2,038,000 after purchasing an additional 13,649 shares during the period. Simon Quick Advisors LLC raised its stake in Analog Devices by 21.0% during the 1st quarter. Simon Quick Advisors LLC now owns 2,851 shares of the semiconductor company’s stock valued at $575,000 after purchasing an additional 494 shares during the period. Finally, Everhart Financial Group Inc. raised its stake in Analog Devices by 29.3% during the 1st quarter. Everhart Financial Group Inc. now owns 4,116 shares of the semiconductor company’s stock valued at $830,000 after purchasing an additional 933 shares during the period. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Trading Down 5.3%

Analog Devices stock opened at $225.32 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. The company has a market capitalization of $110.85 billion, a price-to-earnings ratio of 57.48, a PEG ratio of 1.90 and a beta of 1.09. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company’s fifty day moving average price is $241.66 and its two-hundred day moving average price is $224.21.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, 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 declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is 101.02%.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the completion of the sale, the chief executive officer directly owned 140,118 shares in the company, valued at $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 52,240 shares of company stock valued at $12,980,578. 0.33% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ADI has been the topic of a number of research reports. Cantor Fitzgerald upped their price target on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Stifel Nicolaus upped 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. UBS Group dropped their price target on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research note on Monday, July 7th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a research note on Wednesday. Two investment 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. According to data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $275.29.

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.