Analog Devices, Inc. $ADI Holdings Cut by Puzo Michael J

Puzo Michael J decreased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 6.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,251 shares of the semiconductor company’s stock after selling 3,086 shares during the period. Analog Devices accounts for about 4.5% of Puzo Michael J’s holdings, making the stock its 4th largest holding. Puzo Michael J’s holdings in Analog Devices were worth $15,351,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Banque Transatlantique SA bought a new position in shares of Analog Devices during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in Analog Devices in the fourth quarter valued at $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices in the fourth quarter valued at $27,000. Evolution Wealth Management Inc. purchased a new position in Analog Devices during the 1st quarter valued at $30,000. Finally, Albion Financial Group UT increased its position in Analog Devices by 41.4% during 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 during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $57,096,149.94. This trade represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the sale, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 103,858 shares of company stock worth $42,062,730 over the last three months. Company insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. KeyCorp raised their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Stifel Nicolaus boosted their price target on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Cantor Fitzgerald increased their price target on shares of Analog Devices from $510.00 to $550.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Jefferies Financial Group raised their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. lifted their price objective on Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Analog Devices Stock Performance

Shares of ADI stock opened at $372.46 on Tuesday. Analog Devices, Inc. has a 12 month low of $218.37 and a 12 month high of $445.91. The stock has a market cap of $181.42 billion, a PE ratio of 55.34, a price-to-earnings-growth ratio of 1.05 and a beta of 1.18. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The company’s fifty day moving average price is $405.42 and its 200-day moving average price is $358.22.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period last year, the business earned $1.85 EPS. Analog Devices’s quarterly revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities analysts expect that Analog Devices, Inc. will post 12.43 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is 65.38%.

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.