851 Shares in Analog Devices, Inc. $ADI Purchased by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI bought a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, Holdings Channel reports. The fund bought 851 shares of the semiconductor company’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baader Bank Aktiengesellschaft raised its holdings in Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock worth $270,000 after purchasing an additional 43 shares in the last quarter. EFG Asset Management North America Corp. raised its stake in shares of Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after buying an additional 47 shares in the last quarter. Regatta Capital Group LLC lifted its holdings in shares of Analog Devices by 4.5% in the second quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company’s stock valued at $268,000 after buying an additional 48 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in Analog Devices by 0.6% during the second quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,259 shares of the semiconductor company’s stock valued at $1,966,000 after buying an additional 50 shares in the last quarter. Finally, Heritage Financial Services LLC grew its holdings in Analog Devices by 1.6% during the first quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock worth $669,000 after acquiring an additional 53 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Insider Activity at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the sale, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction on Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 51,240 shares of company stock worth $12,737,838 in the last 90 days. 0.33% of the stock is owned by corporate insiders.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $241.99 on Friday. The company’s fifty day moving average is $240.89 and its two-hundred day moving average is $223.21. The company has a market cap of $119.05 billion, a P/E ratio of 61.73, a price-to-earnings-growth ratio of 2.04 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 company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for 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%.Analog Devices’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business 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. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Analyst Ratings Changes

ADI has been the subject of a number of research analyst reports. KeyCorp upped their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Barclays increased their target price on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Raymond James Financial upgraded shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, June 18th. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Finally, Evercore ISI raised their price objective on Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $275.29.

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.