Analog Devices, Inc. $ADI Shares Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC raised its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 222.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,754 shares of the semiconductor company’s stock after buying an additional 1,210 shares during the quarter. Partners Wealth Management LLC’s holdings in Analog Devices were worth $696,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ADI. Soltis Investment Advisors LLC raised its holdings in shares of Analog Devices by 12.2% during the third quarter. Soltis Investment Advisors LLC now owns 6,989 shares of the semiconductor company’s stock worth $2,772,000 after purchasing an additional 759 shares during the period. Everett Harris & Co. CA lifted its position in shares of Analog Devices by 4.1% in the 3rd quarter. Everett Harris & Co. CA now owns 841 shares of the semiconductor company’s stock worth $334,000 after buying an additional 33 shares during the last quarter. ERn Financial LLC lifted its position in shares of Analog Devices by 9.9% in the 3rd quarter. ERn Financial LLC now owns 624 shares of the semiconductor company’s stock worth $248,000 after buying an additional 56 shares during the last quarter. Creative Capital Management Investments LLC boosted its holdings in shares of Analog Devices by 54.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 136 shares of the semiconductor company’s stock valued at $54,000 after buying an additional 48 shares during the period. Finally, China Universal Asset Management Co. Ltd. boosted its holdings in shares of Analog Devices by 7.9% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 38,429 shares of the semiconductor company’s stock valued at $15,303,000 after buying an additional 2,813 shares during the period. Institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Down 3.7%

Analog Devices stock opened at $417.11 on Friday. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The stock has a market capitalization of $202.12 billion, a PE ratio of 49.48, a price-to-earnings-growth ratio of 1.28 and a beta of 1.22. The firm has a 50 day simple moving average of $388.54 and a 200-day simple moving average of $371.13.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The firm’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, equities research analysts expect that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Insider Activity

In other news, CFO Richard C. Puccio, Jr. sold 2,683 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total value of $1,004,944.48. Following the completion of the sale, the chief financial officer owned 54,177 shares in the company, valued at $20,292,537.12. This represents a 4.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $396.94, for a total value of $3,969,400.00. Following the transaction, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at $45,830,692.40. This represents a 7.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 52,436 shares of company stock worth $20,014,954. 0.36% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of recent research reports. Needham & Company LLC boosted their price objective on shares of Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Robert W. Baird raised their target price on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a report on Monday, August 24th. Evercore decreased their target price on Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. Arete Research lifted their target price on Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $460.55.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.