Northwestern Mutual Wealth Management Co. Grows Holdings in Analog Devices, Inc. $ADI

Northwestern Mutual Wealth Management Co. raised its position in Analog Devices, Inc. (NASDAQ:ADI) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,397 shares of the semiconductor company’s stock after purchasing an additional 1,598 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Analog Devices were worth $8,515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its holdings in Analog Devices by 11.8% in the 4th quarter. Savant Capital LLC now owns 12,862 shares of the semiconductor company’s stock valued at $3,488,000 after purchasing an additional 1,362 shares in the last quarter. Investment Partners LTD. lifted its holdings in Analog Devices by 9.0% in the 4th quarter. Investment Partners LTD. now owns 1,593 shares of the semiconductor company’s stock valued at $432,000 after purchasing an additional 132 shares in the last quarter. IFG Advisory LLC lifted its holdings in Analog Devices by 4.1% in the 4th quarter. IFG Advisory LLC now owns 16,343 shares of the semiconductor company’s stock valued at $4,432,000 after purchasing an additional 641 shares in the last quarter. Thoroughbred Financial Services LLC lifted its holdings in Analog Devices by 3.9% in the 4th quarter. Thoroughbred Financial Services LLC now owns 6,577 shares of the semiconductor company’s stock valued at $1,783,000 after purchasing an additional 244 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in Analog Devices by 0.7% in the 4th quarter. Huntington National Bank now owns 505,759 shares of the semiconductor company’s stock valued at $137,162,000 after purchasing an additional 3,751 shares in the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the sale, the chief executive officer owned 137,538 shares of the company’s stock, valued at $57,096,149.94. This trade represents a 17.91% 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. Insiders have sold a total of 80,000 shares of company stock valued at $31,519,000 over the last three months. 0.36% of the stock is owned by company insiders.

Analog Devices Stock Up 5.1%

Shares of NASDAQ:ADI opened at $423.20 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 52-week low of $213.05 and a 52-week high of $435.72. The company has a 50 day moving average of $373.87 and a two-hundred day moving average of $323.96. The company has a market capitalization of $206.14 billion, a price-to-earnings ratio of 62.88, a price-to-earnings-growth ratio of 1.13 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter last year, the company earned $1.85 earnings per share. Analog Devices’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, analysts forecast that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be given a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.0%. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Needham & Company LLC increased their price objective on shares of Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective on the stock in a report on Monday, March 30th. Cantor Fitzgerald increased their price objective on shares of Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Morgan Stanley reiterated an “overweight” rating and set a $373.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Finally, Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $432.71.

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.