Analog Devices, Inc. $ADI Shares Acquired by ProVise Management Group LLC

ProVise Management Group LLC lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.7% in the third quarter, HoldingsChannel reports. The firm owned 70,832 shares of the semiconductor company’s stock after acquiring an additional 1,868 shares during the period. Analog Devices makes up about 1.3% of ProVise Management Group LLC’s portfolio, making the stock its 24th biggest holding. ProVise Management Group LLC’s holdings in Analog Devices were worth $17,403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Howard Hughes Medical Institute purchased a new position in Analog Devices during the second quarter worth $25,000. Clayton Financial Group LLC purchased a new stake in shares of Analog Devices in the third quarter valued at $31,000. Y.D. More Investments Ltd acquired a new stake in shares of Analog Devices during the third quarter valued at $32,000. LFA Lugano Financial Advisors SA boosted its stake in shares of Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. purchased a new stake in Analog Devices during the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity at Analog Devices

In other news, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the sale, the senior vice president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total value of $3,069,200.00. Following the sale, the chief executive officer owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 57,743 shares of company stock valued at $16,836,340 over the last 90 days. 0.36% of the stock is currently owned by insiders.

Analog Devices Stock Down 4.2%

Shares of NASDAQ:ADI opened at $315.81 on Monday. 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 firm has a market cap of $154.18 billion, a price-to-earnings ratio of 57.74, a PEG ratio of 1.45 and a beta of 1.00. The stock’s 50-day moving average price is $316.34 and its two-hundred day moving average price is $273.34. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data 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 company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.4%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend is Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ADI. Barclays boosted 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. Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the stock a “buy” rating in a report on Wednesday, February 18th. Evercore reissued an “outperform” rating and issued a $387.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Finally, TD Cowen restated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Company Profile

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.