Wealth Enhancement Advisory Services LLC Boosts Stake in Analog Devices, Inc. $ADI

Wealth Enhancement Advisory Services LLC raised its stake in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 0.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 275,311 shares of the semiconductor company’s stock after buying an additional 2,046 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Analog Devices were worth $82,397,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Wells Fargo & Company boosted their price objective on shares of Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. TD Cowen reissued a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. The Goldman Sachs Group raised their target price on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Bank of America lifted their target price on shares of Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $366.96.

View Our Latest Stock Analysis on ADI

Analog Devices Price Performance

ADI opened at $309.15 on Monday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $363.20. The company’s 50 day simple moving average is $322.21 and its 200 day simple moving average is $277.63. The stock has a market capitalization of $150.93 billion, a PE ratio of 56.52, a P/E/G ratio of 1.42 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76.

Analog Devices (NASDAQ:ADIGet Free Report) last issued its quarterly 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. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. Analog Devices’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Investors 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. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. Analog Devices’s dividend payout ratio is 80.44%.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the transaction, the director directly owned 123,821 shares in the company, valued at $39,288,403.30. This trade represents a 2.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of Analog Devices 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 transaction, the senior vice president directly owned 49,664 shares in the company, valued at $13,828,444.16. This represents a 16.76% 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. Company insiders own 0.36% of the company’s stock.

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Analog Devices Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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