Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Increases Position in Analog Devices, Inc. $ADI

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 197,421 shares of the semiconductor company’s stock after buying an additional 3,939 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Analog Devices were worth $53,541,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas lifted its position in Analog Devices by 6.5% during the 4th quarter. Teacher Retirement System of Texas now owns 157,317 shares of the semiconductor company’s stock worth $42,664,000 after acquiring an additional 9,618 shares during the period. Mystic Asset Management Inc. acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $203,000. Amarillo National Bank raised its stake in shares of Analog Devices by 2.6% during the fourth quarter. Amarillo National Bank now owns 1,550 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 39 shares during the last quarter. Confluence Wealth Services Inc. raised its stake in shares of Analog Devices by 2.6% during the fourth quarter. Confluence Wealth Services Inc. now owns 5,750 shares of the semiconductor company’s stock worth $1,559,000 after purchasing an additional 146 shares during the last quarter. Finally, EPG Wealth Management LLC lifted its holdings in shares of Analog Devices by 2.4% during the fourth quarter. EPG Wealth Management LLC now owns 5,926 shares of the semiconductor company’s stock worth $1,607,000 after purchasing an additional 140 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on ADI. JPMorgan Chase & Co. boosted their price objective on shares of Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Robert W. Baird set a $365.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Morgan Stanley reaffirmed an “overweight” rating and issued a $373.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Truist Financial increased their price target on shares of Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a report on Thursday, February 19th. Finally, Wells Fargo & Company raised their price target on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $370.69.

Insider Buying and Selling at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $318.14, for a total value of $3,181,400.00. Following the sale, the chief executive officer directly owned 167,826 shares in the company, valued at $53,392,163.64. The trade was a 5.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Michael Sondel sold 4,199 shares of the firm’s 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 transaction, the chief accounting officer owned 14,740 shares of the company’s stock, valued at $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 27,324 shares of company stock valued at $8,758,085. Insiders own 0.36% of the company’s stock.

Analog Devices Trading Up 1.6%

Shares of ADI opened at $381.42 on Thursday. Analog Devices, Inc. has a twelve month low of $182.48 and a twelve month high of $385.46. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $186.21 billion, a P/E ratio of 69.73, a PEG ratio of 1.51 and a beta of 1.05. The firm’s 50-day moving average is $334.83 and its two-hundred day moving average is $292.16.

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, beating 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 net margin of 23.02% and a return on equity of 12.49%. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period last year, the firm earned $1.63 EPS. 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 11.38 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The company also recently announced 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. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.

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.