Analog Devices, Inc. $ADI Stock Position Lifted by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 7.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 230,612 shares of the semiconductor company’s stock after buying an additional 16,847 shares during the period. Analog Devices comprises 0.9% of Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s investment portfolio, making the stock its 28th largest holding. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Analog Devices were worth $91,486,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Contravisory Investment Management Inc. purchased a new position in Analog Devices in the 2nd quarter valued at approximately $25,000. Manning & Napier Advisors LLC purchased a new stake in shares of Analog Devices during the second quarter worth $25,000. Nvwm LLC increased its position in shares of Analog Devices by 590.0% during the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 59 shares during the period. Dunhill Financial LLC purchased a new stake in shares of Analog Devices during the second quarter worth $32,000. Finally, Cornerstone Financial Management LLC raised its stake in shares of Analog Devices by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 28 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on ADI. Needham & Company LLC lifted their target price on Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Seaport Research Partners upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price target on the stock in a report on Thursday, August 20th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday. BMO Capital Markets assumed coverage on Analog Devices in a research report on Thursday, August 20th. They issued an “outperform” rating and a $430.00 price target on the stock. Finally, Fundamental Research set a $550.00 price objective on Analog Devices in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and a consensus target price of $460.55.

Insider Activity at Analog Devices

In related news, insider Vivek Jain sold 3,305 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the transaction, the insider directly owned 40,428 shares of the company’s stock, valued at $16,437,216.24. This trade represents a 7.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Richard Puccio, Jr. sold 2,683 shares of Analog Devices stock in a transaction dated 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 sale, the chief financial officer owned 54,177 shares in the company, valued at $20,292,537.12. This trade represents a 4.72% 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. Insiders have sold 52,436 shares of company stock valued at $20,014,954 in the last ninety days. Insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Analog Devices stock opened at $391.07 on Monday. The stock has a market cap of $189.50 billion, a PE ratio of 46.39, a P/E/G ratio of 1.20 and a beta of 1.22. 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’s fifty day moving average is $383.75 and its two-hundred day moving average is $389.72. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91.

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

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $1.10 dividend. 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 is presently 52.19%.

About Analog Devices

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.