Corient Private Wealth LLC Has $115.48 Million Stock Position in Analog Devices, Inc. $ADI

Corient Private Wealth LLC lessened its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 0.7% during the fourth quarter, HoldingsChannel reports. The firm owned 425,518 shares of the semiconductor company’s stock after selling 3,057 shares during the quarter. Corient Private Wealth LLC’s holdings in Analog Devices were worth $115,485,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. 1620 Investment Advisors Inc. grew its position in Analog Devices by 5.0% in the fourth quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after acquiring an additional 32 shares during the last quarter. Covestor Ltd lifted its holdings in shares of Analog Devices by 14.1% in the fourth quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 34 shares during the last quarter. Maia Wealth LLC lifted its holdings in shares of Analog Devices by 2.0% in the fourth quarter. Maia Wealth LLC now owns 1,720 shares of the semiconductor company’s stock worth $466,000 after acquiring an additional 34 shares during the last quarter. JFS Wealth Advisors LLC boosted its stake in shares of Analog Devices by 9.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock valued at $106,000 after purchasing an additional 35 shares in the last quarter. Finally, Albion Financial Group UT boosted its stake in shares of Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 36 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ADI shares. JPMorgan Chase & Co. upped their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Cantor Fitzgerald raised their target price on shares of Analog Devices from $400.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. TD Cowen boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Robert W. Baird increased their price target on Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Finally, Stifel Nicolaus raised their price objective on Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and an average target price of $432.71.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $398.11, for a total transaction of $563,723.76. Following the completion of the sale, the director owned 118,759 shares in the company, valued at $47,279,145.49. The trade was a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at $4,951,227.05. The trade was a 7.68% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 101,442 shares of company stock worth $40,422,954. 0.36% of the stock is currently owned by insiders.

Analog Devices Price Performance

Analog Devices stock opened at $434.46 on Friday. The company has a market capitalization of $211.62 billion, a PE ratio of 64.56, a PEG ratio of 1.22 and a beta of 1.18. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $439.70. The firm’s fifty day moving average is $401.55 and its 200 day moving average is $340.66. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business’s revenue was up 37.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, sell-side analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a $1.10 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.0%. Analog Devices’s dividend payout ratio is presently 65.38%.

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.