Analog Devices, Inc. $ADI Position Raised by Ledyard National Bank

Ledyard National Bank increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 104.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,539 shares of the semiconductor company’s stock after purchasing an additional 1,807 shares during the period. Ledyard National Bank’s holdings in Analog Devices were worth $960,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clayton Financial Group LLC raised its holdings in Analog Devices by 34.9% during the fourth quarter. Clayton Financial Group LLC now owns 170 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 44 shares in the last quarter. Modera Wealth Management LLC bought a new stake in Analog Devices during the fourth quarter worth approximately $205,000. Raleigh Capital Management Inc. raised its holdings in Analog Devices by 4.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,950 shares of the semiconductor company’s stock worth $529,000 after purchasing an additional 82 shares in the last quarter. Capital Advisors Ltd. LLC raised its holdings in Analog Devices by 4.2% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,237 shares of the semiconductor company’s stock worth $335,000 after purchasing an additional 50 shares in the last quarter. Finally, Banque de Luxembourg S.A. raised its holdings in Analog Devices by 1.0% during the fourth quarter. Banque de Luxembourg S.A. now owns 17,604 shares of the semiconductor company’s stock worth $4,774,000 after purchasing an additional 173 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Insider Activity

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the transaction, the chief executive officer directly owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of Analog Devices stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $301.46, for a total transaction of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares in the company, valued at approximately $3,831,556.60. The trade was a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 30,949 shares of company stock valued at $9,837,784. 0.36% of the stock is currently owned by company insiders.

Analog Devices Trading Up 5.7%

Analog Devices stock opened at $346.21 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The firm has a market cap of $169.02 billion, a price-to-earnings ratio of 63.29, a price-to-earnings-growth ratio of 1.46 and a beta of 1.05. Analog Devices, Inc. has a 1 year low of $164.58 and a 1 year high of $363.20. The firm’s 50 day moving average price is $326.72 and its two-hundred day moving average price is $284.05.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.3%. 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 is presently 80.44%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wells Fargo & Company boosted their target price on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Cantor Fitzgerald boosted their target price on Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Jefferies Financial Group restated a “buy” rating and issued a $410.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Truist Financial lifted 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. Finally, Weiss Ratings lowered shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.81.

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.