Hohimer Wealth Management LLC Invests $678,000 in Analog Devices, Inc. $ADI

Hohimer Wealth Management LLC purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the third quarter, Holdings Channel.com reports. The firm purchased 2,760 shares of the semiconductor company’s stock, valued at approximately $678,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quent Capital LLC raised its stake in shares of Analog Devices by 2.4% in the third quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock worth $445,000 after acquiring an additional 42 shares during the last quarter. Carson Advisory Inc. grew its stake in shares of Analog Devices by 3.1% during the third 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 during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Analog Devices by 2.5% in the third 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 raised its position in Analog Devices by 3.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock worth $313,000 after purchasing an additional 45 shares during the last quarter. Finally, Keystone Financial Services lifted its holdings in Analog Devices by 1.2% during the 2nd quarter. Keystone Financial Services now owns 3,837 shares of the semiconductor company’s stock worth $913,000 after buying an additional 46 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: AI/data‑center growth: ADI’s AI‑driven data center products are reported to be growing ~50% and represent a roughly $2 billion run‑rate opportunity, supporting expectations for continued double‑digit growth in that end market. This is a clear driver of investor enthusiasm for the stock. ADI’s AI-Based Data Center Products Gain Traction
• Positive Sentiment: Analyst upgrades/price‑target increases: Multiple firms have raised targets and reiterated buy/overweight views (Goldman Sachs, Benchmark, Morgan Stanley among others), lifting the consensus target near current levels and supporting further upside expectations. MarketBeat ADI coverage
• Positive Sentiment: Strong fundamentals and dividend boost: ADI recently beat EPS and revenue estimates, guided Q2 above street expectations, and raised the quarterly dividend — all signals that support bullish positioning and income‑seeking demand. Earnings, guidance and dividend details
• Neutral Sentiment: Market commentary and peer comparisons: Media and research pieces (Zacks, Barchart) highlight ADI’s outperformance vs. semiconductor peers and profile it as a top growth idea — useful context but not new company‑specific catalysts. Zacks: 52‑week high take
• Neutral Sentiment: Celebrity/TV mentions: Jim Cramer commented that he prefers names like Texas Instruments and Analog Devices over smaller peers, which can boost retail interest but is not a fundamental catalyst. Jim Cramer mention
• Neutral Sentiment: Confusing short‑interest reports: Multiple short‑interest entries show zero shares and “NaN” changes — likely a data/reporting glitch. No clear short squeeze signal emerges from these entries. (No reliable link — based on recent short‑interest notices.)
• Negative Sentiment: Insider selling: Chief Accounting Officer Michael Sondel sold 4,199 shares at about $361. The sale (~$1.5M) and a 22% reduction in his reported stake can prompt some profit‑taking or signal tactical rebalancing by insiders. Insider sale filing

Insider Activity at Analog Devices

In related news, CAO Michael Sondel sold 8,169 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $278.03, for a total value of $2,271,227.07. Following the completion of the sale, the chief accounting officer owned 18,913 shares in the company, valued at $5,258,381.39. This represents a 30.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the sale, the senior vice president directly owned 12,710 shares in the company, valued at $3,831,556.60. The trade was a 3.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 57,743 shares of company stock valued at $16,836,340. 0.36% of the stock is owned by corporate insiders.

Analog Devices Price Performance

Shares of ADI opened at $355.79 on Friday. The stock has a market cap of $173.70 billion, a P/E ratio of 65.04, a price-to-earnings-growth ratio of 1.65 and a beta of 1.03. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $363.20. The stock’s 50-day moving average price is $310.48 and its two-hundred day moving average price is $269.31. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the prior year, the business posted $1.63 EPS. Analog Devices’s 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. On average, equities analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADI. Stifel Nicolaus set a $405.00 target price on Analog Devices and gave the company a “buy” rating in a research note on Wednesday, February 18th. BNP Paribas Exane started coverage on Analog Devices in a report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Evercore restated an “outperform” rating and set a $387.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Citigroup reiterated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $366.96.

About Analog Devices

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.