Winthrop Partners WNY LLC Acquires New Holdings in Analog Devices, Inc. $ADI

Winthrop Partners WNY LLC bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 4th quarter, Holdings Channel reports. The institutional investor bought 7,980 shares of the semiconductor company’s stock, valued at approximately $2,164,000. Analog Devices makes up 1.2% of Winthrop Partners WNY LLC’s holdings, making the stock its 29th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in ADI. Vanguard Group Inc. increased its position in shares of Analog Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after acquiring an additional 503,970 shares in the last quarter. State Street Corp lifted its stake in Analog Devices by 0.4% in the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after acquiring an additional 88,538 shares during the last quarter. Morgan Stanley grew its holdings in Analog Devices by 1.9% during the fourth quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock worth $2,834,210,000 after purchasing an additional 194,535 shares during the period. Bank of America Corp DE increased its holdings in shares of Analog Devices by 42.8% during the 4th quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after acquiring an additional 2,912,666 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Analog Devices in the fourth quarter valued at $2,215,516,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

ADI opened at $434.46 on Friday. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $439.70. 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. The company’s fifty day moving average price is $401.55 and its two-hundred day moving average price is $340.66. 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 (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business’s revenue was up 37.2% on a year-over-year basis. During the same period last year, the company earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Analog Devices’s payout ratio is 65.38%.

Insider Buying and Selling

In other news, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. This trade represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $398.11, for a total value of $563,723.76. Following the transaction, the director directly owned 118,759 shares in the company, valued at approximately $47,279,145.49. The trade was a 1.18% decrease in their position. 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 quarter, insiders sold 101,442 shares of company stock valued at $40,422,954. Company insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

ADI has been the topic of several recent research reports. Argus set a $460.00 price objective on Analog Devices in a research report on Tuesday, May 26th. Stifel Nicolaus lifted their target price on Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Monday, May 18th. JPMorgan Chase & Co. upped their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. TD Cowen lifted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Jefferies Financial Group lifted their target price on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Two research 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $432.71.

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.