Analog Devices, Inc. $ADI Shares Purchased by Farmers National Bank

Farmers National Bank raised its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 87.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,760 shares of the semiconductor company’s stock after acquiring an additional 3,618 shares during the period. Farmers National Bank’s holdings in Analog Devices were worth $1,907,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Quent Capital LLC increased its holdings in shares of Analog Devices by 2.4% in the third quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock valued at $445,000 after purchasing an additional 42 shares during the period. Carson Advisory Inc. lifted its holdings in shares of Analog Devices by 3.1% during the third quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock worth $354,000 after purchasing an additional 43 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Analog Devices by 2.5% during the third quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock worth $441,000 after purchasing an additional 44 shares during the period. Klingman & Associates LLC grew its position in Analog Devices by 3.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock valued at $313,000 after buying an additional 45 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its position in Analog Devices by 0.3% in the third quarter. Bleakley Financial Group LLC now owns 13,843 shares of the semiconductor company’s stock valued at $3,401,000 after purchasing an additional 46 shares during the period. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $308.59 on Thursday. The firm has a market capitalization of $150.65 billion, a price-to-earnings ratio of 56.42, a price-to-earnings-growth ratio of 1.44 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The business’s 50 day simple moving average is $321.83 and its 200-day simple moving average is $276.56. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $363.20.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the business posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a $1.10 dividend. This is an increase 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 1.4%. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

Insider Buying and Selling at Analog Devices

In related news, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $301.46, for a total value of $150,730.00. Following the sale, the senior vice president directly owned 12,710 shares in the company, valued at $3,831,556.60. The trade was a 3.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the sale, the chief executive officer directly owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 41,449 shares of company stock worth $12,336,069. Insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

ADI has been the topic of several recent analyst reports. The Goldman Sachs Group boosted their target price on Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Jefferies Financial Group restated a “buy” rating and issued a $410.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. Cfra reaffirmed a “buy” rating and set a $280.00 price objective on shares of Analog Devices in a report on Tuesday, November 25th. TD Cowen reiterated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Three 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $366.96.

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.