Timucuan Asset Management Inc. FL Grows Position in Analog Devices, Inc. $ADI

Timucuan Asset Management Inc. FL grew its position in Analog Devices, Inc. (NASDAQ:ADI) by 1.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 945,479 shares of the semiconductor company’s stock after buying an additional 9,056 shares during the period. Analog Devices accounts for about 5.9% of Timucuan Asset Management Inc. FL’s portfolio, making the stock its 8th largest position. Timucuan Asset Management Inc. FL owned approximately 0.19% of Analog Devices worth $190,675,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ADI. Heritage Financial Services LLC raised its position in shares of Analog Devices by 1.6% in the 1st quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock valued at $669,000 after purchasing an additional 53 shares during the last quarter. Hemington Wealth Management raised its holdings in shares of Analog Devices by 11.4% in the first quarter. Hemington Wealth Management now owns 538 shares of the semiconductor company’s stock worth $108,000 after buying an additional 55 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of Analog Devices by 14.8% in the first quarter. Continuum Advisory LLC now owns 443 shares of the semiconductor company’s stock worth $89,000 after buying an additional 57 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in shares of Analog Devices by 0.4% in the first quarter. Proficio Capital Partners LLC now owns 14,523 shares of the semiconductor company’s stock worth $2,929,000 after buying an additional 58 shares during the last quarter. Finally, Alps Advisors Inc. raised its holdings in shares of Analog Devices by 1.1% in the first quarter. Alps Advisors Inc. now owns 5,688 shares of the semiconductor company’s stock worth $1,147,000 after buying an additional 60 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the sale, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. This trade represents a 1.83% decrease in their position. The disclosure for this sale can be found here. 0.33% of the stock is currently owned by insiders.

Analog Devices Price Performance

NASDAQ:ADI opened at $255.50 on Thursday. The stock has a market capitalization of $125.69 billion, a PE ratio of 65.18, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. The stock’s 50-day moving average price is $236.34 and its 200-day moving average price is $218.33. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $257.72.

Analog Devices (NASDAQ:ADI) last issued its quarterly 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 company had revenue of $2.88 billion during 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices’s payout ratio is presently 101.02%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ADI shares. The Goldman Sachs Group started coverage on shares of Analog Devices in a research report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target for the company. Truist Financial raised their price target on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research report on Thursday, August 21st. UBS Group reduced their price target on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a research report on Monday, July 7th. Wells Fargo & Company raised their price target on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Finally, Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $273.53.

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.