Farmers National Bank Purchases 1,194 Shares of Analog Devices, Inc. $ADI

Farmers National Bank raised its position in Analog Devices, Inc. (NASDAQ:ADI) by 15.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,954 shares of the semiconductor company’s stock after acquiring an additional 1,194 shares during the quarter. Farmers National Bank’s holdings in Analog Devices were worth $2,428,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ADI. Winthrop Partners WNY LLC acquired a new position in shares of Analog Devices during the 4th quarter worth about $2,164,000. Meadowbrook Advisors Group LLC acquired a new stake in Analog Devices in the 4th quarter valued at about $1,157,000. Advisortrust Partners LLC bought a new position in Analog Devices during the fourth quarter worth about $243,000. Auto Owners Insurance Co grew its holdings in Analog Devices by 27,020.0% during the fourth quarter. Auto Owners Insurance Co now owns 345,780 shares of the semiconductor company’s stock worth $9,378,000 after purchasing an additional 344,505 shares during the period. Finally, Union Savings Bank acquired a new position in Analog Devices during the fourth quarter worth approximately $68,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 1,416 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $398.11, for a total transaction of $563,723.76. Following the transaction, the director directly owned 118,759 shares of the company’s stock, valued at $47,279,145.49. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president owned 56,332 shares of the company’s stock, valued at $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 101,442 shares of company stock worth $40,422,954. 0.36% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on ADI shares. KeyCorp upped their price objective on Analog Devices from $430.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Oppenheimer lifted their target price on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Bank of America increased their price target on Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Argus set a $460.00 price target on Analog Devices in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $432.71.

Analog Devices Price Performance

NASDAQ ADI opened at $434.46 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $439.70. The company has a 50 day moving average of $401.55 and a 200-day moving average of $340.66. The company has a market cap of $211.62 billion, a price-to-earnings ratio of 64.56, a PEG ratio of 1.22 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last posted its 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 net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter in the prior year, the business earned $1.85 earnings per share. 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. On average, equities research analysts expect that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a dividend of $1.10 per share. The ex-dividend date of this dividend was 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 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.