Axxcess Wealth Management LLC Has $15.14 Million Stock Holdings in Analog Devices, Inc. $ADI

Axxcess Wealth Management LLC lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5,713.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 55,811 shares of the semiconductor company’s stock after acquiring an additional 54,851 shares during the period. Axxcess Wealth Management LLC’s holdings in Analog Devices were worth $15,136,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ADI. Y.D. More Investments Ltd bought a new stake in Analog Devices during the 3rd quarter worth $32,000. LFA Lugano Financial Advisors SA grew its position in Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 65 shares during the last quarter. Albion Financial Group UT grew its position 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 buying an additional 36 shares during the last quarter. Entrust Financial LLC bought a new stake in shares of Analog Devices in the 4th quarter valued at about $33,000. Finally, Barnes Dennig Private Wealth Management LLC grew its position in shares of Analog Devices by 61.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 49 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

Analog Devices stock opened at $397.07 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.75. The stock’s 50 day simple moving average is $361.62 and its two-hundred day simple moving average is $315.79. Analog Devices, Inc. has a fifty-two week low of $206.00 and a fifty-two week high of $435.72. The stock has a market cap of $193.41 billion, a price-to-earnings ratio of 59.00, a PEG ratio of 1.28 and a beta of 1.19.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. During the same period in the previous year, the firm posted $1.85 EPS. The business’s revenue for the quarter 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. As a group, analysts expect that Analog Devices, Inc. will post 11.47 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s payout ratio is presently 80.44%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ADI. TD Cowen upped their price target on Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial raised their price target on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a report on Wednesday. Stifel Nicolaus lifted their target price on shares of Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Monday. Arete Research upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target on the stock in a research report on Monday, March 30th. Finally, Needham & Company LLC raised their price target on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $429.85.

Insider Buying and Selling

In related news, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at $5,321,434.80. The trade was a 22.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the sale, the chief executive officer owned 187,538 shares of the company’s stock, valued at approximately $74,623,245.58. This represents a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 24,199 shares of company stock valued at $8,676,423. 0.36% of the stock is owned by company insiders.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices reported fiscal Q2 results that beat expectations, with revenue up 37.2% year over year and guidance for next quarter coming in above Wall Street estimates, reinforcing momentum in industrial, data center, and power products.
• Positive Sentiment: Several analysts raised price targets after the earnings beat, including Baird and Needham, signaling higher confidence in ADI’s execution and growth outlook.
• Positive Sentiment: ADI announced a $1.5 billion all-cash acquisition of Empower Semiconductor, a move aimed at strengthening its AI power solutions business as demand for AI infrastructure accelerates. Analog Devices Expands AI Power Strategy with $1.5B Empower Acquisition
• Positive Sentiment: Management also highlighted surging AI infrastructure demand, suggesting ADI is increasingly tied to the buildout of hyperscale and data center power/optical systems. Analog Devices CEO drops bombshell message on exploding AI infrastructure demand
• Neutral Sentiment: Analog Devices said CFO Richard Puccio will speak at the Bank of America Global Technology Conference on June 2, which could offer more color on business trends but is not a major fundamental event. Analog Devices to Participate in the Bank of America Global Technology Conference

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.