Dakota Wealth Management Buys 35,309 Shares of Analog Devices, Inc. $ADI

Dakota Wealth Management boosted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 392.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 44,296 shares of the semiconductor company’s stock after buying an additional 35,309 shares during the quarter. Dakota Wealth Management’s holdings in Analog Devices were worth $12,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Trust Point Inc. grew its position in Analog Devices by 3.5% in the 4th quarter. Trust Point Inc. now owns 1,818 shares of the semiconductor company’s stock worth $493,000 after purchasing an additional 62 shares during the last quarter. Global X Japan Co. Ltd. raised its position in shares of Analog Devices by 88.9% during the fourth quarter. Global X Japan Co. Ltd. now owns 23,847 shares of the semiconductor company’s stock valued at $6,467,000 after buying an additional 11,221 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of Analog Devices by 4.4% in the fourth quarter. CoreCap Advisors LLC now owns 5,071 shares of the semiconductor company’s stock valued at $1,375,000 after buying an additional 214 shares during the period. Fort Washington Investment Advisors Inc. OH grew its position in Analog Devices by 2.0% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 233,417 shares of the semiconductor company’s stock worth $63,303,000 after buying an additional 4,482 shares in the last quarter. Finally, Kathmere Capital Management LLC acquired a new stake in Analog Devices during the fourth quarter worth about $300,000. 86.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the sale, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $301.46, for a total value of $150,730.00. Following the completion of the sale, the senior vice president owned 12,710 shares of the company’s stock, valued at approximately $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 41,449 shares of company stock valued at $12,336,069. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Bank of America upped their price target on Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Benchmark lifted their price objective on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Wells Fargo & Company boosted their price objective on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Citigroup restated a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $366.96.

Analog Devices Price Performance

NASDAQ:ADI opened at $313.42 on Friday. The firm has a market cap of $153.01 billion, a PE ratio of 57.30, a price-to-earnings-growth ratio of 1.48 and a beta of 1.00. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month 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 company’s 50-day moving average price is $323.80 and its two-hundred day moving average price is $279.17.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the business posted $1.63 earnings per share. The company’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is presently 80.44%.

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.