Exchange Traded Concepts LLC Buys 6,536 Shares of Analog Devices, Inc. $ADI

Exchange Traded Concepts LLC lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 26.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,204 shares of the semiconductor company’s stock after purchasing an additional 6,536 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Analog Devices were worth $7,427,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADI. Family Legacy Financial Solutions LLC purchased a new position in Analog Devices during the second quarter worth about $828,000. NorthCrest Asset Manangement LLC boosted its holdings in Analog Devices by 1.1% during the 2nd quarter. NorthCrest Asset Manangement LLC now owns 110,515 shares of the semiconductor company’s stock valued at $27,151,000 after acquiring an additional 1,193 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Analog Devices by 0.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 275,606 shares of the semiconductor company’s stock valued at $67,711,000 after acquiring an additional 1,105 shares during the period. Atticus Wealth Management LLC boosted its holdings in Analog Devices by 241.8% during the 2nd quarter. Atticus Wealth Management LLC now owns 1,781 shares of the semiconductor company’s stock valued at $424,000 after acquiring an additional 1,260 shares during the period. Finally, Mn Services Vermogensbeheer B.V. lifted its holdings in Analog Devices by 2.0% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 185,493 shares of the semiconductor company’s stock worth $44,151,000 after buying an additional 3,700 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ADI shares. Cantor Fitzgerald upgraded Analog Devices from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $250.00 to $270.00 in a report on Wednesday, June 18th. TD Cowen raised their price objective on Analog Devices from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, May 23rd. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, May 24th. Stifel Nicolaus increased their target price on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Finally, Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $273.53.

Analog Devices Stock Performance

ADI stock opened at $249.05 on Friday. The company has a market cap of $122.52 billion, a P/E ratio of 63.53, a price-to-earnings-growth ratio of 2.08 and a beta of 1.08. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The stock’s fifty day moving average price is $239.17 and its 200-day moving average price is $220.95.

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

Analog Devices Announces Dividend

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

Insider Buying and Selling

In related news, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the transaction, the senior vice president directly owned 63,048 shares in the company, valued at approximately $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 38,115 shares of company stock valued at $9,529,113 over the last three months. 0.33% of the stock is currently owned by company insiders.

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.