Analog Devices, Inc. $ADI Shares Bought by Peterson Wealth Services

Peterson Wealth Services increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,417 shares of the semiconductor company’s stock after buying an additional 250 shares during the period. Peterson Wealth Services’ holdings in Analog Devices were worth $2,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 529 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Analog Devices by 26.7% in the first quarter. GAMMA Investing LLC now owns 10,967 shares of the semiconductor company’s stock valued at $2,212,000 after acquiring an additional 2,314 shares in the last quarter. Spire Wealth Management raised its stake in Analog Devices by 10.8% in the 1st quarter. Spire Wealth Management now owns 2,384 shares of the semiconductor company’s stock valued at $481,000 after purchasing an additional 233 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in Analog Devices by 282.9% in the 1st quarter. Golden State Wealth Management LLC now owns 1,099 shares of the semiconductor company’s stock valued at $222,000 after purchasing an additional 812 shares in the last quarter. Finally, Alpine Bank Wealth Management acquired a new stake in Analog Devices during the 1st quarter worth $27,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

ADI has been the subject of a number of recent research reports. Benchmark increased their target price on shares of Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Cantor Fitzgerald upped their target price on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Citigroup reissued a “buy” rating and issued a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Piper Sandler boosted their target price on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. Finally, UBS Group cut their price target on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a report on Monday, July 7th. Two 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $275.29.

Analog Devices Stock Down 2.2%

Analog Devices stock opened at $238.01 on Friday. The company has a market capitalization of $117.09 billion, a PE ratio of 60.72, a price-to-earnings-growth ratio of 2.05 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. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The firm has a 50 day moving average price of $244.35 and a 200 day moving average price of $227.58.

Analog Devices (NASDAQ:ADI) last released its quarterly 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 business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the business posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is currently 101.02%.

Insiders Place Their Bets

In related news, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction that occurred 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 owned 5,118 shares in the company, valued at $1,242,343.32. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on 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 approximately $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is owned by company insiders.

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.