Analog Devices, Inc. $ADI Shares Sold by Mcdonald Partners LLC

Mcdonald Partners LLC decreased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 77.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,018 shares of the semiconductor company’s stock after selling 6,822 shares during the period. Mcdonald Partners LLC’s holdings in Analog Devices were worth $496,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after acquiring an additional 529 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Analog Devices by 36.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after purchasing an additional 464 shares during the last quarter. Bank of Montreal Can increased its holdings in Analog Devices by 88.2% during the 2nd quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock worth $247,668,000 after purchasing an additional 487,535 shares during the last quarter. Marion Wealth Management raised its position in shares of Analog Devices by 2.1% in the 2nd quarter. Marion Wealth Management now owns 21,364 shares of the semiconductor company’s stock valued at $5,085,000 after purchasing an additional 443 shares in the last quarter. Finally, Transatlantique Private Wealth LLC purchased a new position in shares of Analog Devices during the 2nd quarter valued at approximately $548,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling

In other Analog Devices news, SVP Martin Cotter sold 10,000 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the sale, the senior vice president directly owned 49,664 shares of the company’s stock, valued at approximately $13,828,444.16. This represents a 16.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total value of $991,562.50. Following the completion of the transaction, the director directly owned 123,821 shares in the company, valued at $39,288,403.30. This represents a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,743 shares of company stock valued at $16,836,340 in the last three months. 0.36% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ADI shares. BNP Paribas Exane began coverage on shares of Analog Devices in a research report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price target for the company. Sanford C. Bernstein reiterated a “market perform” rating and set a $270.00 price objective on shares of Analog Devices in a research note on Wednesday, November 26th. Benchmark raised their price objective on shares of Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a research note on Thursday, February 19th. Finally, KeyCorp increased their price target on shares of Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $366.96.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $338.99 on Wednesday. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average price is $313.25 and its two-hundred day moving average price is $271.37. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $363.20. The stock has a market capitalization of $165.49 billion, a P/E ratio of 61.97, a P/E/G ratio of 1.62 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. The company 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%.The business’s revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be given a $1.10 dividend. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 3rd. Analog Devices’s dividend payout ratio is 72.39%.

Analog Devices 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.