Professional Advisory Services Inc. Trims Stock Holdings in Analog Devices, Inc. $ADI

Professional Advisory Services Inc. cut its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 17.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 55,283 shares of the semiconductor company’s stock after selling 11,340 shares during the quarter. Analog Devices makes up approximately 2.6% of Professional Advisory Services Inc.’s portfolio, making the stock its 24th biggest holding. Professional Advisory Services Inc.’s holdings in Analog Devices were worth $21,957,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Banque Transatlantique SA bought a new stake in shares of Analog Devices in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in Analog Devices during the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in Analog Devices during the 4th quarter worth $27,000. Evolution Wealth Management Inc. acquired a new position in Analog Devices during the 1st quarter worth $30,000. Finally, Entrust Financial LLC acquired a new stake in shares of Analog Devices in the 4th quarter valued at about $33,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Trading Up 3.3%

Shares of NASDAQ:ADI opened at $389.93 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $394.59 and its 200 day moving average price is $365.96. The company has a market cap of $189.93 billion, a PE ratio of 57.94, a P/E/G ratio of 0.98 and a beta of 1.20. Analog Devices, Inc. has a fifty-two week low of $221.15 and a fifty-two week high of $445.91.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same quarter last year, the business earned $1.85 earnings per share. Analog Devices’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Bank of America lifted their price target on Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Sanford C. Bernstein reissued a “market perform” rating and set a $430.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Citigroup raised their price objective on Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Barclays raised their price target on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, Oppenheimer boosted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $441.00.

Analog Devices News Roundup

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Renewed optimism about artificial-intelligence demand is supporting semiconductor stocks, including analog-chip makers such as ADI. Industry sales growth and expectations for continued chip demand are providing a favorable environment for the shares. Semiconductor Sales Continue to Grow on AI Optimism
• Positive Sentiment: Wall Street’s average brokerage recommendation for Analog Devices is equivalent to a Buy. The company’s latest quarter also exceeded expectations, with earnings per share of $3.09 versus the $2.89 consensus and revenue of $3.62 billion versus $3.51 billion. Revenue rose 37.2% year over year, while fiscal third-quarter EPS guidance is $3.15 to $3.45. Analog Devices Is Considered a Good Investment by Brokers
• Neutral Sentiment: Director Ray Stata sold 1,416 ADI shares for approximately $534,000, reducing his direct ownership by 1.22%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, making it a limited signal about management’s current outlook. Analog Devices Director Insider Sale
• Negative Sentiment: CEO Vincent Roche reportedly sold 10,000 shares for $3.63 million, reducing his direct ownership by 6.78%. Although the sale was also made under a 10b5-1 plan and may reflect scheduled diversification rather than weakening confidence, sizeable insider selling could create some investor caution. Analog Devices CEO Insider Sale
• Negative Sentiment: ADI remains richly valued, trading at roughly 58 times earnings based on the provided data. That valuation leaves the stock sensitive to any slowdown in AI-related demand, weaker guidance or disappointment in future earnings growth. Analog Devices Broker Recommendations

Insider Activity at Analog Devices

In related news, Director Karen Golz sold 1,000 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $389.83, for a total value of $389,830.00. Following the completion of the transaction, the director owned 11,019 shares in the company, valued at $4,295,536.77. This represents a 8.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total transaction of $534,355.92. Following the transaction, the director directly owned 114,511 shares in the company, valued at approximately $43,213,016.07. The trade was a 1.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 105,274 shares of company stock worth $42,247,986. 0.36% of the stock is owned by company insiders.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.