WCG Wealth Advisors LLC Invests $6.60 Million in Analog Devices, Inc. $ADI

WCG Wealth Advisors LLC bought a new position in Analog Devices, Inc. (NASDAQ:ADI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,317 shares of the semiconductor company’s stock, valued at approximately $6,595,000.

Several other large investors have also made changes to their positions in ADI. Brighton Jones LLC grew its holdings in Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after acquiring an additional 529 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Analog Devices by 36.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after acquiring an additional 464 shares during the last quarter. Ieq Capital LLC grew its holdings in Analog Devices by 38.0% during the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock worth $10,610,000 after acquiring an additional 12,276 shares during the last quarter. HUB Investment Partners LLC bought a new stake in Analog Devices during the 2nd quarter worth about $644,000. Finally, Peapack Gladstone Financial Corp grew its holdings in Analog Devices by 2.4% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock worth $14,322,000 after acquiring an additional 1,406 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Price Performance

NASDAQ:ADI opened at $437.67 on Thursday. Analog Devices, Inc. has a 1-year low of $217.02 and a 1-year high of $439.70. 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 firm has a fifty day simple moving average of $378.66 and a 200 day simple moving average of $326.65. The stock has a market capitalization of $213.18 billion, a PE ratio of 65.03, a P/E/G ratio of 1.19 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last released its 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. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same period last year, the business earned $1.85 earnings per share. The firm’s revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. Analog Devices’s dividend payout ratio (DPR) is currently 65.38%.

Insider Buying and Selling at Analog Devices

In related news, CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 80,000 shares of company stock valued at $31,519,000 over the last three months. 0.36% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Barclays increased their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Stifel Nicolaus increased their price objective on shares of Analog Devices from $405.00 to $450.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Susquehanna increased their price objective on shares of Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a report on Thursday, February 19th. Raymond James Financial reissued an “outperform” rating and set a $430.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $430.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $432.71.

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.