Analog Devices, Inc. $ADI Shares Acquired by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,112 shares of the semiconductor company’s stock after buying an additional 68 shares during the quarter. Mezzasalma Advisors LLC’s holdings in Analog Devices were worth $503,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Baader Bank Aktiengesellschaft lifted its stake in shares of Analog Devices by 3.9% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock valued at $270,000 after purchasing an additional 43 shares during the last quarter. Bennett Associates Wealth Management lifted its position in Analog Devices by 2.9% in the second quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company’s stock valued at $387,000 after buying an additional 46 shares during the last quarter. EFG Asset Management North America Corp. boosted its stake in Analog Devices by 0.3% during the first 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 during the period. Plimoth Trust Co. LLC increased its position in shares of Analog Devices by 1.8% during the second quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company’s stock valued at $624,000 after acquiring an additional 47 shares during the last quarter. Finally, Regatta Capital Group LLC increased its position in shares of Analog Devices by 4.5% during the second quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company’s stock valued at $268,000 after acquiring an additional 48 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ADI has been the subject of a number of research analyst reports. Morgan Stanley increased their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Truist Financial upped their price target on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research note on Thursday, August 21st. Citigroup reaffirmed a “buy” rating and issued a $290.00 price objective (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Seaport Res Ptn upgraded Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Finally, Stifel Nicolaus raised their target price on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a report on Friday, July 18th. Two equities research 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 company’s stock. Based on data from MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and an average price target of $275.29.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The shares were 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 $5,979,629.35. The trade was a 45.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the completion of the sale, the director owned 155,071 shares in the company, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,115 shares of company stock valued at $12,232,985 over the last ninety days. 0.33% of the stock is currently owned by corporate insiders.

Analog Devices Stock Up 0.5%

Shares of NASDAQ ADI opened at $242.87 on Friday. The stock has a market cap of $119.48 billion, a P/E ratio of 61.96, a PEG ratio of 2.05 and a beta of 1.09. The business’s fifty day simple moving average is $243.30 and its 200-day simple moving average is $225.47. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The company has a current ratio of 2.32, a quick ratio of 1.79 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, topping the consensus estimate of $1.95 by $0.10. The company 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 was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.6%. Analog Devices’s dividend payout ratio (DPR) is 101.02%.

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.