1,120 Shares in Analog Devices, Inc. $ADI Bought by SYM FINANCIAL Corp

SYM FINANCIAL Corp acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, HoldingsChannel.com reports. The firm acquired 1,120 shares of the semiconductor company’s stock, valued at approximately $267,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. AustralianSuper Pty Ltd boosted its position in Analog Devices by 85.8% during the second quarter. AustralianSuper Pty Ltd now owns 4,788 shares of the semiconductor company’s stock worth $1,140,000 after purchasing an additional 2,211 shares during the period. Transcend Capital Advisors LLC boosted its position in Analog Devices by 9.3% during the second quarter. Transcend Capital Advisors LLC now owns 1,773 shares of the semiconductor company’s stock worth $422,000 after purchasing an additional 151 shares during the period. Convergence Investment Partners LLC bought a new position in Analog Devices during the second quarter worth $3,511,000. Banco Santander S.A. boosted its position in Analog Devices by 14.7% during the second quarter. Banco Santander S.A. now owns 79,801 shares of the semiconductor company’s stock worth $18,994,000 after purchasing an additional 10,257 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its position in Analog Devices by 33.4% during the second quarter. Ashton Thomas Private Wealth LLC now owns 17,448 shares of the semiconductor company’s stock worth $4,153,000 after purchasing an additional 4,367 shares during the period. 86.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on ADI shares. Barclays lifted their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a research report on Wednesday, October 8th. Truist Financial boosted their target price on shares of Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, Stifel Nicolaus boosted their target price on shares of Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $275.29.

Analog Devices Stock Up 2.1%

Shares of NASDAQ ADI opened at $243.01 on Tuesday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The company has a market cap of $119.55 billion, a price-to-earnings ratio of 61.99, a PEG ratio of 2.01 and a beta of 1.09. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The stock has a 50-day moving average price of $244.58 and a two-hundred day moving average price of $228.55.

Analog Devices (NASDAQ:ADI) last issued 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 during the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, 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 disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices’s dividend payout ratio is currently 101.02%.

Insider Buying and Selling

In other news, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the transaction, the director owned 155,071 shares of the company’s stock, valued at $38,290,131.32. This represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% 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 over the last three months. Insiders own 0.33% of the company’s stock.

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.