Analog Devices, Inc. $ADI Shares Sold by D L Carlson Investment Group Inc.

D L Carlson Investment Group Inc. trimmed its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 15.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,371 shares of the semiconductor company’s stock after selling 246 shares during the quarter. D L Carlson Investment Group Inc.’s holdings in Analog Devices were worth $276,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted 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 buying an additional 2,407,460 shares during the period. GAMMA Investing LLC raised its holdings in Analog Devices by 25,460.1% in the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company’s stock valued at $446,037,000 after acquiring an additional 2,203,062 shares in the last quarter. Nuveen LLC purchased a new position in Analog Devices in the first quarter worth approximately $351,943,000. Deutsche Bank AG grew its holdings in Analog Devices by 71.0% during the 4th quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company’s stock worth $458,683,000 after acquiring an additional 896,694 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Analog Devices by 25.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company’s stock worth $708,260,000 after acquiring an additional 668,023 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of a number of analyst reports. TD Cowen boosted their target price on shares of Analog Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, May 23rd. Noble Financial raised Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Finally, Evercore ISI boosted their target price 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 investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $273.53.

Insiders Place Their Bets

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction 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 transaction, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the sale, the director directly owned 167,571 shares of the company’s stock, valued at $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.33% of the company’s stock.

Analog Devices Stock Down 0.1%

ADI opened at $255.50 on Thursday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $257.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock has a market capitalization of $125.69 billion, a P/E ratio of 65.18, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. The business’s 50-day simple moving average is $236.34 and its 200-day simple moving average is $218.33.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The firm 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%.The business’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices’s payout ratio is presently 101.02%.

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.