Savant Capital LLC Acquires 1,273 Shares of Analog Devices, Inc. $ADI

Savant Capital LLC grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 13.3% in the second quarter, HoldingsChannel.com reports. The firm owned 10,849 shares of the semiconductor company’s stock after purchasing an additional 1,273 shares during the period. Savant Capital LLC’s holdings in Analog Devices were worth $2,582,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Baader Bank Aktiengesellschaft grew its holdings in Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock worth $270,000 after buying an additional 43 shares in the last quarter. Bennett Associates Wealth Management lifted its stake in Analog Devices by 2.9% during the 2nd quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company’s stock valued at $387,000 after acquiring an additional 46 shares in the last quarter. Solstein Capital LLC boosted its holdings in Analog Devices by 2.0% during the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock worth $549,000 after acquiring an additional 46 shares during the last quarter. EFG Asset Management North America Corp. grew its stake in shares of Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after acquiring an additional 47 shares in the last quarter. Finally, Plimoth Trust Co. LLC raised its holdings in shares of Analog Devices by 1.8% in the second quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company’s stock valued at $624,000 after purchasing an additional 47 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ADI has been the topic of several analyst reports. Stifel Nicolaus boosted their price target on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. BNP Paribas began coverage on Analog Devices in a research note on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 target price on the stock. Morgan Stanley increased their price target on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, BNP Paribas Exane assumed coverage on Analog Devices in a report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $277.89.

Analog Devices Stock Up 1.5%

NASDAQ:ADI opened at $232.00 on Tuesday. 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 company’s fifty day moving average price is $241.32 and its 200-day moving average price is $232.68. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The firm has a market capitalization of $114.13 billion, a P/E ratio of 59.18, a PEG ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results 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 company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

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

Insider Activity

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $230.21, for a total transaction of $719,406.25. Following the transaction, the director owned 142,571 shares in the company, valued at approximately $32,821,269.91. This represents a 2.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $234.95, for a total transaction of $2,349,500.00. Following the completion of the sale, the chief executive officer directly owned 163,640 shares in the company, valued at $38,447,218. This represents a 5.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 62,240 shares of company stock worth $15,301,891. 0.33% of the stock is currently owned by corporate 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.