BetterWealth LLC Acquires New Holdings in Analog Devices, Inc. $ADI

BetterWealth LLC bought a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the 1st quarter, Holdings Channel.com reports. The fund bought 1,497 shares of the semiconductor company’s stock, valued at approximately $476,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ING Groep NV boosted its position in Analog Devices by 45.1% during the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock worth $60,358,000 after acquiring an additional 69,202 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Analog Devices by 247.3% in the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock valued at $95,802,000 after buying an additional 249,702 shares during the last quarter. Covenant Asset Management LLC acquired a new position in Analog Devices during the fourth quarter worth $2,500,000. HF Advisory Group LLC lifted its stake in Analog Devices by 661.6% in the fourth quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock valued at $13,477,000 after acquiring an additional 43,168 shares during the last quarter. Finally, Jones Kertz & Associates Inc. bought a new position in shares of Analog Devices in the 4th quarter valued at about $1,480,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $388.98 on Thursday. The company has a market cap of $189.47 billion, a P/E ratio of 57.80, a PEG ratio of 1.11 and a beta of 1.18. The business has a 50-day moving average price of $409.44 and a two-hundred day moving average price of $348.36. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period in the previous year, the company posted $1.85 EPS. The firm’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, analysts anticipate that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s payout ratio is 65.38%.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $411.95, for a total transaction of $411,950.00. Following the completion of the transaction, the director owned 12,019 shares of the company’s stock, valued at $4,951,227.05. The trade was a 7.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the transaction, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 91,442 shares of company stock worth $37,241,554 in the last ninety days. Company insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ADI. Evercore reiterated an “outperform” rating and set a $474.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Needham & Company LLC increased their price objective on shares of Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price target on shares of Analog Devices in a research note on Wednesday, May 20th. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. Finally, Robert W. Baird increased their price target on shares of Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $439.79.

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.