Harrell Investment Partners LLC Acquires 2,011 Shares of Analog Devices, Inc. $ADI

Harrell Investment Partners LLC raised its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,262 shares of the semiconductor company’s stock after purchasing an additional 2,011 shares during the period. Analog Devices accounts for about 2.1% of Harrell Investment Partners LLC’s holdings, making the stock its 11th largest holding. Harrell Investment Partners LLC’s holdings in Analog Devices were worth $9,021,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ADI. Amundi grew its position in shares of Analog Devices by 44.8% in the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after buying an additional 1,922,302 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Analog Devices by 29.2% during the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock valued at $1,186,714,000 after acquiring an additional 1,091,004 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Analog Devices by 948.2% during the second quarter. Marshall Wace LLP now owns 1,085,990 shares of the semiconductor company’s stock valued at $258,487,000 after acquiring an additional 982,385 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in Analog Devices by 47.4% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,745,985 shares of the semiconductor company’s stock worth $653,599,000 after acquiring an additional 882,909 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Analog Devices by 684.6% in the third quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock valued at $211,871,000 after acquiring an additional 752,411 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity

In related news, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the transaction, the chief accounting officer owned 14,740 shares of the company’s stock, valued at $5,321,434.80. This trade represents a 22.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of Analog Devices stock in a transaction on Friday, January 9th. The shares were sold at an average price of $301.46, for a total value of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares of the company’s stock, 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. In the last ninety days, insiders sold 41,449 shares of company stock valued at $12,336,069. 0.36% of the stock is currently owned by insiders.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $303.10 on Tuesday. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $363.20. The firm has a market capitalization of $147.97 billion, a P/E ratio of 55.41, a P/E/G ratio of 1.41 and a beta of 1.00. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $324.00 and a two-hundred day simple moving average of $280.41.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the business earned $1.63 EPS. Analog Devices’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were paid a dividend of $1.10 per share. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices’s payout ratio is 80.44%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ADI. Cantor Fitzgerald boosted their price objective on shares of Analog Devices from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. KeyCorp lifted their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a research report on Thursday, February 19th. Jefferies Financial Group reissued a “buy” rating and issued a $410.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Three analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $367.81.

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.