Analog Devices, Inc. $ADI Stock: Brady Family Wealth LLC Lowers Holdings

Brady Family Wealth LLC lessened its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 8.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 20,269 shares of the semiconductor company’s stock after selling 1,789 shares during the quarter. Analog Devices comprises 2.4% of Brady Family Wealth LLC’s holdings, making the stock its 8th biggest position. Brady Family Wealth LLC’s holdings in Analog Devices were worth $8,041,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. IPG Investment Advisors LLC bought a new position in Analog Devices in the 2nd quarter worth $1,922,000. Lazard Asset Management LLC lifted its position in Analog Devices by 6.3% during the 1st quarter. Lazard Asset Management LLC now owns 1,708,858 shares of the semiconductor company’s stock worth $543,656,000 after acquiring an additional 101,298 shares during the last quarter. Birch Hill Investment Advisors LLC lifted its position in Analog Devices by 18.5% during the 3rd quarter. Birch Hill Investment Advisors LLC now owns 133,793 shares of the semiconductor company’s stock worth $53,077,000 after acquiring an additional 20,889 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Analog Devices during the 2nd quarter worth $500,414,000. Finally, Ieq Capital LLC bought a new stake in Analog Devices during the second quarter valued at about $19,643,000. Institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, insider Katsufumi Nakamura sold 1,200 shares of Analog Devices stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the sale, the insider directly owned 14,849 shares of the company’s stock, valued at $6,162,631.98. This trade represents a 7.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $420.04, for a total value of $594,776.64. Following the transaction, the director owned 108,847 shares in the company, valued at $45,720,093.88. This represents a 1.28% decrease in their ownership of the stock. 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. Insiders have sold 51,020 shares of company stock valued at $20,105,198 in the last quarter. 0.36% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ADI. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. KeyCorp boosted their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Robert W. Baird increased their target price on Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a research note on Monday, August 24th. Piper Sandler set a $460.00 target price on Analog Devices in a report on Tuesday, September 8th. Finally, Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, October 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $460.55.

Analog Devices Price Performance

NASDAQ:ADI opened at $361.01 on Friday. The stock has a market cap of $174.93 billion, a P/E ratio of 42.82, a PEG ratio of 0.98 and a beta of 1.24. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a fifty day moving average price of $390.74 and a 200 day moving average price of $373.14. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business’s revenue was up 39.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts anticipate that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently disclosed 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 of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio is currently 52.19%.

Analog Devices 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.