Ameritas Advisory Services LLC Lowers Stock Position in Analog Devices, Inc. $ADI

Ameritas Advisory Services LLC cut its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 12.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,006 shares of the semiconductor company’s stock after selling 141 shares during the period. Ameritas Advisory Services LLC’s holdings in Analog Devices were worth $239,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. China Universal Asset Management Co. Ltd. grew its position in shares of Analog Devices by 284.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock worth $6,262,000 after acquiring an additional 22,973 shares during the last quarter. Sowell Financial Services LLC purchased a new position in shares of Analog Devices during the first quarter worth approximately $296,000. Keybank National Association OH grew its position in shares of Analog Devices by 85.8% during the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock worth $5,461,000 after acquiring an additional 12,505 shares during the last quarter. Eastern Bank grew its position in Analog Devices by 6.0% in the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock valued at $39,664,000 after buying an additional 11,101 shares during the last quarter. Finally, McLean Asset Management Corp purchased a new position in Analog Devices in the 2nd quarter valued at $262,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the sale, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. The trade was a 16.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was 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 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,240 shares of company stock worth $12,980,578. 0.33% of the stock is owned by company insiders.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $233.75 on Wednesday. The firm has a market capitalization of $114.99 billion, a P/E ratio of 59.63, a PEG ratio of 2.04 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 is $241.19 and its two-hundred day moving average is $223.76. 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 (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 company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a $0.99 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. Analog Devices’s payout ratio is currently 101.02%.

Analysts Set New Price Targets

ADI has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective 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. Keefe, Bruyette & Woods upgraded shares of Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Piper Sandler lifted their price objective on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a research report on Thursday, August 21st. Evercore ISI lifted their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, KeyCorp lifted their price objective 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. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.