Analog Devices, Inc. $ADI Stock Position Increased by Integrated Advisors Network LLC

Integrated Advisors Network LLC increased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 18.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 8,930 shares of the semiconductor company’s stock after purchasing an additional 1,400 shares during the period. Integrated Advisors Network LLC’s holdings in Analog Devices were worth $3,543,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in Analog Devices during the 2nd quarter valued at $18,610,868,000. Bank of America Corp DE purchased a new stake in shares of Analog Devices during the second quarter worth $3,573,081,000. Legal & General Group Plc purchased a new stake in shares of Analog Devices during the second quarter worth $1,525,167,000. Bank of New York Mellon Corp bought a new position in shares of Analog Devices in the second quarter worth $1,326,066,000. Finally, Primecap Management Co. CA bought a new position in shares of Analog Devices in the second quarter worth $1,242,479,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Richard C. Puccio, Jr. sold 1,500 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $421.08, for a total transaction of $631,620.00. Following the completion of the transaction, the chief financial officer directly owned 49,677 shares in the company, valued at $20,917,991.16. The trade was a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total value of $498,024.00. Following the transaction, the insider owned 14,849 shares of the company’s stock, valued at approximately $6,162,631.98. The trade was a 7.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,936 shares of company stock valued at $19,430,764 in the last ninety days. 0.36% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Seaport Research Partners upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price target for the company in a research report on Thursday, August 20th. Robert W. Baird increased their price objective on Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a report on Monday, August 24th. Arete Research increased their price objective on Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Piper Sandler set a $460.00 target price on Analog Devices in a research note on Tuesday, September 8th. Finally, Wells Fargo & Company cut their target price on Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given 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 “Moderate Buy” and a consensus target price of $460.55.

Analog Devices Stock Performance

Analog Devices stock opened at $397.05 on Wednesday. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $192.40 billion, a PE ratio of 35.02, a price-to-earnings-growth ratio of 1.21 and a beta of 1.22. The firm’s 50 day simple moving average is $383.20 and its 200 day simple moving average is $388.18.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. During the same period last year, the firm earned $2.05 EPS. The business’s quarterly revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, analysts expect that Analog Devices, Inc. will post 12.99 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is presently 52.19%.

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.