Analog Devices, Inc. $ADI Stake Boosted by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 7.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,952 shares of the semiconductor company’s stock after purchasing an additional 1,573 shares during the quarter. Private Advisor Group LLC’s holdings in Analog Devices were worth $7,302,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Optas LLC grew its stake in Analog Devices by 5.7% during the 1st quarter. Optas LLC now owns 2,376 shares of the semiconductor company’s stock worth $756,000 after buying an additional 128 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Analog Devices by 2,820.6% during the first quarter. Y Intercept Hong Kong Ltd now owns 37,238 shares of the semiconductor company’s stock valued at $11,847,000 after acquiring an additional 35,963 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Analog Devices by 62.3% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 125,086 shares of the semiconductor company’s stock valued at $39,795,000 after acquiring an additional 48,000 shares during the period. Elevation Point Wealth Partners LLC grew its position in shares of Analog Devices by 171.8% during the first quarter. Elevation Point Wealth Partners LLC now owns 25,224 shares of the semiconductor company’s stock worth $8,025,000 after acquiring an additional 15,945 shares during the last quarter. Finally, Sound Income Strategies LLC grew its position in shares of Analog Devices by 12.0% during the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock worth $90,000 after acquiring an additional 30 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.

Insider Activity

In other Analog Devices news, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $411.95, for a total value of $411,950.00. Following the transaction, the director directly owned 12,019 shares of the company’s stock, valued at $4,951,227.05. This represents a 7.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $398.11, for a total value of $563,723.76. Following the completion of the transaction, the director owned 118,759 shares in the company, valued at $47,279,145.49. This represents a 1.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 101,442 shares of company stock valued at $41,139,054 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of NASDAQ:ADI traded down $14.45 on Tuesday, reaching $374.38. 499,339 shares of the company traded hands, compared to its average volume of 4,300,194. The stock has a market capitalization of $182.36 billion, a PE ratio of 55.59, a P/E/G ratio of 1.06 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company’s 50 day moving average is $409.39 and its 200-day moving average is $349.73. Analog Devices, Inc. has a fifty-two week low of $218.37 and a fifty-two week high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s quarterly revenue was up 37.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.85 EPS. 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 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s payout ratio is presently 65.38%.

Analysts Set New Price Targets

Several analysts recently weighed in on ADI shares. Weiss Ratings downgraded shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 23rd. Raymond James Financial restated an “outperform” rating and issued a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Evercore reiterated an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Finally, Fundamental Research set a $550.00 price target on Analog Devices in a research report on Monday, June 29th. Two 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 company. According to MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $439.79.

About Analog Devices

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.