Schmidt P J Investment Management Inc. Decreases Stock Position in Analog Devices, Inc. $ADI

Schmidt P J Investment Management Inc. lowered its stake in Analog Devices, Inc. (NASDAQ:ADI) by 0.4% during the 1st quarter, Holdings Channel reports. The firm owned 34,563 shares of the semiconductor company’s stock after selling 127 shares during the quarter. Analog Devices makes up about 1.3% of Schmidt P J Investment Management Inc.’s holdings, making the stock its 27th biggest position. Schmidt P J Investment Management Inc.’s holdings in Analog Devices were worth $6,970,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ADI. Activest Wealth Management boosted its position in shares of Analog Devices by 6,350.0% during the 1st 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. Orion Capital Management LLC purchased a new position in shares of Analog Devices in the fourth quarter valued at $27,000. Menard Financial Group LLC purchased a new position in shares of Analog Devices in the fourth quarter valued at $27,000. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices in the first quarter valued at $27,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Analog Devices in the first quarter valued at $33,000. Institutional investors own 86.81% of the company’s stock.

Insider Transactions at Analog Devices

In other news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Vincent Roche sold 20,000 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the transaction, the chief executive officer directly owned 23,515 shares in the company, valued at $5,979,629.35. The trade was a 45.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,115 shares of company stock worth $9,529,113 over the last quarter. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ADI has been the subject of a number of recent research reports. Keefe, Bruyette & Woods raised shares of Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Cfra Research lowered shares of Analog Devices from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, May 22nd. Noble Financial upgraded Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Benchmark lifted their target price on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, KeyCorp lifted their target price on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $273.53.

Analog Devices Price Performance

ADI opened at $248.18 on Wednesday. The business has a fifty day moving average of $238.91 and a 200 day moving average of $220.15. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week 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 stock has a market cap of $122.09 billion, a P/E ratio of 63.31, a PEG ratio of 2.12 and a beta of 1.08.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the previous year, the business earned $1.58 EPS. Analog Devices’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. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. Analog Devices’s dividend payout ratio is presently 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.