McGuire Investment Group LLC Increases Holdings in Analog Devices, Inc. $ADI

McGuire Investment Group LLC grew its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,622 shares of the semiconductor company’s stock after buying an additional 2,044 shares during the period. Analog Devices accounts for about 2.7% of McGuire Investment Group LLC’s holdings, making the stock its 13th largest holding. McGuire Investment Group LLC’s holdings in Analog Devices were worth $20,856,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Naples Global Advisors LLC lifted its holdings in Analog Devices by 0.5% during the 2nd quarter. Naples Global Advisors LLC now owns 40,167 shares of the semiconductor company’s stock worth $9,560,000 after buying an additional 195 shares during the last quarter. Parsons Capital Management Inc. RI purchased a new stake in Analog Devices during the 2nd quarter worth about $203,000. Pure Financial Advisors LLC purchased a new stake in Analog Devices during the 2nd quarter worth about $217,000. Consolidated Planning Corp lifted its holdings in shares of Analog Devices by 170.7% in the 2nd quarter. Consolidated Planning Corp now owns 2,704 shares of the semiconductor company’s stock valued at $644,000 after purchasing an additional 1,705 shares during the last quarter. Finally, Community Financial Services Group LLC lifted its holdings in shares of Analog Devices by 1.0% in the 2nd quarter. Community Financial Services Group LLC now owns 9,975 shares of the semiconductor company’s stock valued at $2,374,000 after purchasing an additional 103 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Down 2.6%

ADI opened at $239.28 on Thursday. The business has a 50 day moving average price of $240.30 and a two-hundred day moving average price of $222.78. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The company has a market cap of $117.71 billion, a PE ratio of 61.04, a P/E/G ratio of 2.07 and a beta of 1.09. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. The firm had revenue of $2.88 billion during 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 firm’s revenue was up 24.6% compared to the same quarter last year. During the same period 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, research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders 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 1.7%. Analog Devices’s payout ratio is presently 101.02%.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction that occurred 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 in the company, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the transaction, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,240 shares of company stock worth $10,300,738. Company insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

ADI has been the subject of several research reports. The Goldman Sachs Group initiated coverage on Analog Devices in a report on Thursday, July 10th. They issued a “buy” rating and a $285.00 target price for the company. Stifel Nicolaus boosted 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. Cantor Fitzgerald boosted their target price on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday. Wells Fargo & Company boosted their target price on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Finally, KeyCorp boosted their target price on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

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.