Analog Devices, Inc. $ADI Shares Purchased by Cresset Asset Management LLC

Cresset Asset Management LLC boosted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 8.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 156,543 shares of the semiconductor company’s stock after acquiring an additional 11,630 shares during the period. Cresset Asset Management LLC’s holdings in Analog Devices were worth $38,463,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after purchasing an additional 529 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Analog Devices by 36.0% during the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after buying an additional 464 shares in the last quarter. Bank of Montreal Can raised its position in shares of Analog Devices by 88.2% in the second quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock valued at $247,668,000 after buying an additional 487,535 shares during the last quarter. Marion Wealth Management lifted its stake in shares of Analog Devices by 2.1% during the second quarter. Marion Wealth Management now owns 21,364 shares of the semiconductor company’s stock valued at $5,085,000 after buying an additional 443 shares during the period. Finally, Transatlantique Private Wealth LLC purchased a new position in shares of Analog Devices during the second quarter valued at approximately $548,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Down 3.8%

NASDAQ ADI opened at $338.99 on Wednesday. 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, Inc. has a one year low of $158.65 and a one year high of $363.20. The company has a 50-day simple moving average of $313.25 and a 200-day simple moving average of $271.37. The firm has a market capitalization of $165.49 billion, a PE ratio of 61.97, a price-to-earnings-growth ratio of 1.62 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The firm had revenue of $3.16 billion for 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%. Analog Devices’s revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, March 3rd. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is currently 72.39%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ADI. Benchmark boosted their price target on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Truist Financial upped their price target on shares of Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a research report on Thursday, February 19th. Susquehanna raised their price objective on Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a report on Thursday, February 19th. Sanford C. Bernstein reiterated a “market perform” rating and set a $270.00 target price on shares of Analog Devices in a report on Wednesday, November 26th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $410.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $366.96.

Insider Transactions at Analog Devices

In related news, SVP Martin Cotter sold 10,000 shares of the 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 sale, the senior vice president owned 49,664 shares of the company’s stock, valued at $13,828,444.16. This trade represents a 16.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares in the company, valued at approximately $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 57,743 shares of company stock valued at $16,836,340 over the last three months. 0.36% of the stock is currently owned by company insiders.

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.