Delta Investment Management LLC Has $321,000 Holdings in Analog Devices, Inc. $ADI

Delta Investment Management LLC lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,348 shares of the semiconductor company’s stock after selling 71 shares during the quarter. Delta Investment Management LLC’s holdings in Analog Devices were worth $321,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Analog Devices by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock worth $9,975,681,000 after buying an additional 359,841 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of 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 valued at $2,304,098,000 after purchasing an additional 2,407,460 shares during the period. Raymond James Financial Inc. raised its stake in shares of 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 valued at $793,616,000 after purchasing an additional 12,666 shares during the period. Amundi raised its stake in shares of Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after purchasing an additional 880,636 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of 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 valued at $685,109,000 after purchasing an additional 63,566 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In related news, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the completion of the transaction, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction dated 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 transaction, the senior vice president owned 63,048 shares of the company’s stock, valued at $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 49,115 shares of company stock valued at $12,232,985 in the last three months. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $238.01 on Monday. The stock has a market capitalization of $117.09 billion, a price-to-earnings ratio of 60.72, a PEG ratio of 2.01 and a beta of 1.09. The business has a 50-day moving average of $244.35 and a 200-day moving average of $228.23. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data 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 revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.7%. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

Analysts Set New Price Targets

Several research firms have issued reports on ADI. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a research note on Friday. The Goldman Sachs Group began coverage on Analog Devices in a research note on Thursday, July 10th. They issued a “buy” rating and a $285.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Citigroup reissued a “buy” rating and issued a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.