Analog Devices, Inc. $ADI Shares Bought by NewEdge Wealth LLC

NewEdge Wealth LLC increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 64.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,679 shares of the semiconductor company’s stock after acquiring an additional 4,197 shares during the quarter. NewEdge Wealth LLC’s holdings in Analog Devices were worth $2,896,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JFS Wealth Advisors LLC boosted its holdings in Analog Devices by 9.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock worth $106,000 after purchasing an additional 35 shares during the period. Albion Financial Group UT boosted its holdings in shares of Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in shares of Analog Devices by 0.5% during the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,369 shares of the semiconductor company’s stock valued at $2,270,000 after acquiring an additional 38 shares during the period. Regent Peak Wealth Advisors LLC raised its stake in shares of Analog Devices by 3.7% during the fourth quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company’s stock valued at $295,000 after purchasing an additional 39 shares in the last quarter. Finally, Fragasso Financial Advisors Inc raised its stake in shares of Analog Devices by 2.9% during the fourth quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 39 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on ADI. Oppenheimer boosted their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday. Barclays boosted their price objective on Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Susquehanna lifted their target price on Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research note on Thursday, February 19th. 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. Finally, Citigroup reissued a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $372.62.

Insiders Place Their Bets

In other news, CAO Michael Sondel sold 4,199 shares of the stock in a transaction 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 sale, the chief accounting officer owned 14,740 shares in the company, valued at approximately $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the sale, the chief executive officer owned 187,538 shares in the company, valued at $74,623,245.58. The trade was a 5.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 24,199 shares of company stock worth $8,676,423 over the last quarter. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Down 0.7%

Shares of ADI stock opened at $419.65 on Wednesday. Analog Devices, Inc. has a 12 month low of $206.00 and a 12 month high of $422.88. The firm has a market cap of $204.87 billion, a PE ratio of 76.72, a price-to-earnings-growth ratio of 1.70 and a beta of 1.19. The stock has a 50 day moving average of $348.56 and a 200-day moving average of $306.59. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its 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. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices’s revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.63 earnings per share. 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 11.35 EPS for the current year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

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.