Morton Capital Management LLC CA Has $369,000 Stock Position in Analog Devices, Inc. $ADI

Morton Capital Management LLC CA lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 42.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,549 shares of the semiconductor company’s stock after purchasing an additional 460 shares during the quarter. Morton Capital Management LLC CA’s holdings in Analog Devices were worth $369,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. RMG Wealth Management LLC bought a new position in Analog Devices in the second quarter valued at approximately $26,000. Activest Wealth Management increased its stake in Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares during the last quarter. Alpine Bank Wealth Management bought a new position in Analog Devices in the first quarter valued at approximately $27,000. N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices during the first quarter worth $33,000. Finally, North Capital Inc. bought a new stake in shares of Analog Devices during the first quarter worth $36,000. 86.81% of the stock is owned by institutional investors.

Insider Activity at Analog Devices

In other news, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares of the company’s stock, valued at $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the sale, the chief executive officer directly owned 140,118 shares of the company’s stock, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 52,240 shares of company stock valued at $12,980,578 over the last quarter. 0.33% of the stock is currently owned by company insiders.

Analog Devices Price Performance

ADI stock opened at $233.75 on Wednesday. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. 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 firm has a market cap of $114.99 billion, a price-to-earnings ratio of 59.63, a PEG ratio of 2.04 and a beta of 1.09. The company’s fifty day simple moving average is $241.19 and its 200 day simple moving average is $223.76.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the firm posted $1.58 earnings per share. The business’s revenue was up 24.6% compared to the same quarter last year. 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 year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. Analog Devices’s payout ratio is presently 101.02%.

Analyst Ratings Changes

A number of research firms have weighed in on ADI. Raymond James Financial raised shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Wednesday, June 18th. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. UBS Group cut their price target on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, July 7th. The Goldman Sachs Group initiated coverage on shares of Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target on the stock. Finally, Noble Financial upgraded shares of Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Two 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, the company has an average rating of “Moderate Buy” and a consensus target price of $275.29.

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.