RiverFront Investment Group LLC Takes Position in Analog Devices, Inc. $ADI

RiverFront Investment Group LLC acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,047 shares of the semiconductor company’s stock, valued at approximately $555,000.

Other hedge funds have also made changes to their positions in the company. Y.D. More Investments Ltd acquired a new stake in shares of Analog Devices during the third quarter worth $32,000. LFA Lugano Financial Advisors SA grew its holdings in Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 65 shares during the period. Albion Financial Group UT grew its holdings in Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 36 shares during the period. Barnes Dennig Private Wealth Management LLC grew its holdings in Analog Devices by 61.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 49 shares during the period. Finally, Valley Wealth Managers Inc. purchased a new stake in Analog Devices in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

In other news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction dated 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 transaction, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at $5,321,434.80. The trade was a 22.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $397.91, for a total value of $3,979,100.00. Following the completion of the transaction, the chief executive officer directly owned 187,538 shares in the company, valued at $74,623,245.58. This represents a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 24,199 shares of company stock worth $8,676,423 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

NASDAQ ADI opened at $418.58 on Tuesday. The firm has a market capitalization of $204.35 billion, a P/E ratio of 76.52, a P/E/G ratio of 1.68 and a beta of 1.19. Analog Devices, Inc. has a 1-year low of $206.00 and a 1-year high of $435.72. 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 $355.22 and its 200-day simple moving average is $311.74.

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 business had revenue of $3.16 billion for 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 company’s revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities analysts predict that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analyst Ratings Changes

ADI has been the subject of several recent analyst reports. Piper Sandler lifted their price target on Analog Devices from $250.00 to $360.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Truist Financial lifted their price target on Analog Devices from $291.00 to $364.00 and gave the company a “hold” rating in a report on Thursday, February 19th. Barclays lifted their price target on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. KeyCorp lifted their price target on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer lifted their price target on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $381.27.

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.