Fort Washington Investment Advisors Inc. OH boosted its position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 233,417 shares of the semiconductor company’s stock after purchasing an additional 4,482 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Analog Devices were worth $63,303,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of ADI. Howard Hughes Medical Institute bought a new position in shares of Analog Devices in the second quarter worth $25,000. Clayton Financial Group LLC bought a new stake in Analog Devices during the third quarter valued at $31,000. Y.D. More Investments Ltd purchased a new position in Analog Devices during the third quarter worth about $32,000. LFA Lugano Financial Advisors SA increased 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 worth $33,000 after acquiring an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. bought a new position in Analog Devices in the 3rd quarter worth about $38,000. 86.81% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on 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 owned 155,688 shares in the company, valued at $47,783,760.96. This trade represents a 6.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was 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 directly owned 14,740 shares of the company’s stock, valued at $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 have sold 41,449 shares of company stock worth $12,336,069 in the last ninety days. 0.36% of the stock is currently owned by insiders.
Analog Devices Price Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last released its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.
Analog Devices Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.
Analysts Set New Price Targets
ADI has been the subject of a number of research analyst reports. Piper Sandler lifted their price target on Analog Devices from $250.00 to $360.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. Morgan Stanley restated an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 target price (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. TD Cowen reiterated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Needham & Company LLC raised shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices presently has a consensus rating of “Buy” and an average target price of $366.96.
Check Out Our Latest Stock Report on ADI
Analog Devices Company 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.
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