Pinkerton Wealth LLC Boosts Stake in Analog Devices, Inc. $ADI

Pinkerton Wealth LLC increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 15.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,995 shares of the semiconductor company’s stock after acquiring an additional 2,100 shares during the period. Pinkerton Wealth LLC’s holdings in Analog Devices were worth $3,930,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quent Capital LLC boosted its position in shares of Analog Devices by 2.4% during the 3rd quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock worth $445,000 after purchasing an additional 42 shares in the last quarter. Carson Advisory Inc. increased its holdings in shares of Analog Devices by 3.1% in the 3rd quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock valued at $354,000 after purchasing an additional 43 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Analog Devices by 2.5% in the 3rd quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock valued at $441,000 after purchasing an additional 44 shares in the last quarter. Klingman & Associates LLC lifted its stake in shares of Analog Devices by 3.7% in the third quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock valued at $313,000 after purchasing an additional 45 shares during the period. Finally, Bleakley Financial Group LLC lifted its stake in shares of Analog Devices by 0.3% in the third quarter. Bleakley Financial Group LLC now owns 13,843 shares of the semiconductor company’s stock valued at $3,401,000 after purchasing an additional 46 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling

In other news, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the sale, the director directly owned 123,821 shares in the company, valued at $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin Cotter sold 10,000 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the sale, the senior vice president directly owned 49,664 shares in the company, valued at approximately $13,828,444.16. The trade was a 16.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 57,743 shares of company stock valued at $16,836,340. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

ADI has been the topic of several recent analyst reports. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Wells Fargo & Company lifted their price target on shares of Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Morgan Stanley reissued an “overweight” rating and set a $373.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. Cfra restated a “buy” rating and issued a $280.00 price target on shares of Analog Devices in a report on Tuesday, November 25th. Finally, Bank of America raised their price objective on Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Three investment 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $366.96.

Analog Devices Stock Up 1.2%

Shares of NASDAQ ADI opened at $319.48 on Tuesday. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20. The company has a market capitalization of $155.97 billion, a PE ratio of 58.41, a price-to-earnings-growth ratio of 1.45 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The firm’s 50-day moving average is $317.22 and its two-hundred day moving average is $273.85.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the business earned $1.63 earnings per share. The company’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

Analog Devices 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.