Lansing Street Advisors Has $578,000 Position in Analog Devices, Inc. $ADI

Lansing Street Advisors grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 51.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,430 shares of the semiconductor company’s stock after purchasing an additional 830 shares during the quarter. Lansing Street Advisors’ holdings in Analog Devices were worth $578,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. China Universal Asset Management Co. Ltd. lifted its holdings in Analog Devices by 284.4% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock worth $6,262,000 after buying an additional 22,973 shares in the last quarter. Sowell Financial Services LLC acquired a new position in Analog Devices during the 1st quarter worth $296,000. Keybank National Association OH lifted its holdings in Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock worth $5,461,000 after buying an additional 12,505 shares in the last quarter. Eastern Bank lifted its holdings in Analog Devices by 6.0% during the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock worth $39,664,000 after buying an additional 11,101 shares in the last quarter. Finally, McLean Asset Management Corp acquired a new position in Analog Devices during the 2nd quarter worth $262,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the transaction, the director owned 155,071 shares of the company’s stock, valued at $38,290,131.32. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,240 shares of company stock worth $12,980,578 in the last 90 days. Company insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

ADI has been the topic of several analyst reports. Wells Fargo & Company increased their price objective on shares of Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. increased their price objective 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. Cantor Fitzgerald increased their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Barclays increased their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. Two equities 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Stock Performance

Shares of ADI stock opened at $233.75 on Wednesday. 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 company has a market capitalization of $114.99 billion, a P/E ratio of 59.63, a price-to-earnings-growth ratio of 2.04 and a beta of 1.09. The company’s 50 day moving average price is $241.19 and its two-hundred day moving average price is $223.76. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13.

Analog Devices (NASDAQ:ADI) last announced 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 firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the company posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

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

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.