WBI Investments LLC Takes $452,000 Position in Analog Devices, Inc. $ADI

WBI Investments LLC acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,839 shares of the semiconductor company’s stock, valued at approximately $452,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Analog Devices during the 2nd quarter worth approximately $1,803,377,000. Amundi boosted its holdings in Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Raymond James Financial Inc. grew its position in Analog Devices by 29.2% in 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 purchasing an additional 1,091,004 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Analog Devices by 948.2% during the 2nd quarter. Marshall Wace LLP now owns 1,085,990 shares of the semiconductor company’s stock worth $258,487,000 after buying an additional 982,385 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Analog Devices by 47.4% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,745,985 shares of the semiconductor company’s stock valued at $653,599,000 after acquiring an additional 882,909 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ADI shares. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 target price (up from $350.00) on shares of Analog Devices in a research report 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 research report on Wednesday, February 18th. Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target for the company in a research note on Thursday, February 19th. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $373.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Insider Buying and Selling

In other news, SVP Martin Cotter sold 10,000 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the transaction, the senior vice president owned 49,664 shares in the company, valued at approximately $13,828,444.16. This trade represents a 16.76% 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, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the sale, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,449 shares of company stock valued at $12,336,069 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

Analog Devices Price Performance

NASDAQ:ADI opened at $308.59 on Thursday. The company has a market cap of $150.65 billion, a P/E ratio of 56.42, a P/E/G ratio of 1.44 and a beta of 1.00. The firm’s fifty day moving average price is $321.83 and its two-hundred day moving average price is $276.56. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 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 business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the firm posted $1.63 EPS. Analog Devices’s 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. Equities analysts expect 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 was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

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.