Analog Devices, Inc. $ADI Shares Sold by Aberdeen Group plc

Aberdeen Group plc trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 845,559 shares of the semiconductor company’s stock after selling 17,741 shares during the period. Aberdeen Group plc’s holdings in Analog Devices were worth $206,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADI. Howard Hughes Medical Institute purchased a new stake in shares of Analog Devices during the second quarter worth about $25,000. Clayton Financial Group LLC acquired a new position in shares of Analog Devices during the third quarter valued at approximately $31,000. LFA Lugano Financial Advisors SA lifted its position in shares of Analog Devices by 92.9% in the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 65 shares in the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of Analog Devices in the third quarter worth approximately $38,000. Finally, Sound Income Strategies LLC boosted its stake in shares of Analog Devices by 141.8% in the third quarter. Sound Income Strategies LLC now owns 162 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Up 1.7%

ADI opened at $337.10 on Friday. The business has a fifty day moving average price of $295.98 and a 200 day moving average price of $260.77. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.19 and a quick ratio of 1.68. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $343.96. The stock has a market capitalization of $164.72 billion, a price-to-earnings ratio of 73.93, a PEG ratio of 1.93 and a beta of 1.03.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The business had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same period last year, the business earned $1.67 EPS. The company’s revenue was up 25.9% on a year-over-year basis. Sell-side analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 8th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, December 8th. Analog Devices’s dividend payout ratio is presently 86.84%.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Barclays upgraded ADI from “equal weight” to “overweight” and raised its price target to $375, citing an industrial recovery that should lift demand and signaling meaningful upside versus prior targets. Barclays upgrade
• Positive Sentiment: Analyst and media write-ups highlight ADI’s consistent earnings beats and upgraded guidance, improving valuation narratives and supporting investor confidence in continued margin and revenue strength. Valuation after earnings beats
• Positive Sentiment: Fund commentary (Carillon Tower) and other coverage point to Q4 strength for ADI, reinforcing the view that recent results and market positioning contributed to upside in recent sessions. Q4 performance explanation
• Neutral Sentiment: Zacks and other outlets published pieces summarizing Wall Street’s bullish consensus and Q1 metric estimates — useful for context but not single-handed catalysts. Zacks analyst overview
• Neutral Sentiment: Pre-earnings Q1 outlook pieces and broader analyst notes provide estimates for key metrics; these shape expectations but are forward-looking rather than immediate market drivers. Q1 outlook
• Neutral Sentiment: Short-interest reports in recent feeds show anomalous zeros/NaN values, which appear to be reporting errors and should not be treated as a real increase in bearish positioning. (Monitor for corrected data.)
• Negative Sentiment: A note explaining why ADI fell more than the market in a recent session points to near-term profit-taking and market rotation pressures that can create short-term volatility despite the bullish analyst backdrop. Recent pullback explanation

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 target price on shares of Analog Devices in a research report on Tuesday, December 16th. Cfra reaffirmed a “buy” rating and set a $280.00 price objective on shares of Analog Devices in a research note on Tuesday, November 25th. Truist Financial raised their target price on shares of Analog Devices from $258.00 to $291.00 and gave the stock a “hold” rating in a research note on Friday, December 19th. Morgan Stanley reaffirmed an “overweight” rating and issued a $314.00 price target on shares of Analog Devices in a report on Friday, January 16th. Finally, Evercore reduced their price objective on Analog Devices from $303.00 to $282.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $314.87.

Insider Buying and Selling at Analog Devices

In other news, CAO Michael Sondel sold 8,169 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $278.03, for a total transaction of $2,271,227.07. Following the transaction, the chief accounting officer directly owned 18,913 shares in the company, valued at $5,258,381.39. The trade was a 30.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total value of $991,562.50. Following the completion of the sale, the director directly owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 53,544 shares of company stock valued at $15,320,417. Corporate insiders own 0.36% of the company’s stock.

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.