National Wealth Management Group LLC lifted its position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 184.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,282 shares of the semiconductor company’s stock after buying an additional 5,374 shares during the period. National Wealth Management Group LLC’s holdings in Analog Devices were worth $2,246,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Regent Peak Wealth Advisors LLC grew its holdings in Analog Devices by 3.7% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company’s stock worth $295,000 after acquiring an additional 39 shares in the last quarter. Fragasso Financial Advisors Inc raised its holdings in shares of Analog Devices by 2.9% in the 4th quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 39 shares in the last quarter. Quent Capital LLC lifted its position in shares of Analog Devices by 2.4% in the 3rd quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock worth $445,000 after purchasing an additional 42 shares during the period. Carson Advisory Inc. boosted its stake in shares of Analog Devices by 3.1% during the third quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock valued at $354,000 after purchasing an additional 43 shares in the last quarter. Finally, Sivia Capital Partners LLC boosted its stake in shares of Analog Devices by 2.5% during the third quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock valued at $441,000 after purchasing an additional 44 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on ADI shares. Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Stifel Nicolaus set a $405.00 target price on Analog Devices and gave the company a “buy” rating in a research report on Wednesday, February 18th. Benchmark lifted their price target on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 19th. TD Cowen restated a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Susquehanna raised their price objective on Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $366.96.
Insider Activity at Analog Devices
In other news, SVP Martin Cotter sold 10,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the sale, the senior vice president owned 49,664 shares in the company, valued at approximately $13,828,444.16. The trade was a 16.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the sale, the chief accounting officer owned 14,740 shares in the company, valued at $5,321,434.80. The trade was a 22.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 41,449 shares of company stock worth $12,336,069 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.
Analog Devices Trading Up 0.1%
NASDAQ:ADI opened at $322.03 on Thursday. The stock has a market capitalization of $157.22 billion, a price-to-earnings ratio of 58.87, a PEG ratio of 1.48 and a beta of 1.00. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $363.20. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $323.57 and a 200 day moving average of $278.93.
Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.
Analog Devices Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were paid a dividend of $1.10 per share. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date was Tuesday, March 3rd. This represents a $4.40 annualized dividend and a yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.
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.
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