Analog Devices, Inc. $ADI Stake Trimmed by Weitz Investment Management Inc.

Weitz Investment Management Inc. lessened its position in Analog Devices, Inc. (NASDAQ:ADI) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 139,300 shares of the semiconductor company’s stock after selling 1,700 shares during the quarter. Analog Devices makes up about 1.9% of Weitz Investment Management Inc.’s holdings, making the stock its 21st biggest holding. Weitz Investment Management Inc.’s holdings in Analog Devices were worth $34,226,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Howard Hughes Medical Institute acquired a new position in shares of Analog Devices in the second quarter worth $25,000. Clayton Financial Group LLC bought a new stake in shares of Analog Devices in the 3rd quarter valued at approximately $31,000. Y.D. More Investments Ltd bought a new stake in shares of Analog Devices in the 3rd quarter valued at approximately $32,000. LFA Lugano Financial Advisors SA increased its holdings in Analog Devices by 92.9% in the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after buying an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. bought a new position in Analog Devices during the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on ADI. Weiss Ratings downgraded shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 20th. Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a report on Thursday, February 19th. Wells Fargo & Company increased their target price on shares of Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Oppenheimer restated an “outperform” rating and set a $400.00 target price (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. Finally, Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Stock Up 0.3%

ADI opened at $356.09 on Wednesday. The business has a 50 day moving average of $305.47 and a 200-day moving average of $267.14. The stock has a market capitalization of $173.84 billion, a price-to-earnings ratio of 65.10, a P/E/G ratio of 1.65 and a beta of 1.03. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $362.49.

Analog Devices (NASDAQ:ADI) last released 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 firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business’s quarterly 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 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date is Tuesday, March 3rd. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the transaction, the chief executive officer directly owned 155,688 shares in the company, valued at $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of the firm’s stock in a transaction on 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 sale, the senior vice president directly owned 49,664 shares of the company’s stock, 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 a total of 53,544 shares of company stock worth $15,320,417 over the last ninety days. Company insiders own 0.36% of the company’s stock.

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.