Indiana Trust & Investment Management Co Has $1.28 Million Stock Holdings in Analog Devices, Inc. $ADI

Indiana Trust & Investment Management Co raised its stake in Analog Devices, Inc. (NASDAQ:ADI) by 157.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,020 shares of the semiconductor company’s stock after purchasing an additional 2,460 shares during the quarter. Indiana Trust & Investment Management Co’s holdings in Analog Devices were worth $1,279,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ADI. Brighton Jones LLC increased its holdings in Analog Devices by 39.5% during the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after buying an additional 529 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Analog Devices by 36.0% in the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after acquiring an additional 464 shares during the last quarter. Ieq Capital LLC grew its position in shares of Analog Devices by 38.0% in the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock valued at $10,610,000 after acquiring an additional 12,276 shares during the period. HUB Investment Partners LLC bought a new position in shares of Analog Devices in the 2nd quarter valued at about $644,000. Finally, Peapack Gladstone Financial Corp increased its stake in shares of 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 purchasing an additional 1,406 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of ADI stock opened at $377.16 on Monday. The company has a market capitalization of $183.71 billion, a price-to-earnings ratio of 56.04, a PEG ratio of 1.06 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The company has a 50-day simple moving average of $409.39 and a 200 day simple moving average of $349.73. Analog Devices, Inc. has a 52 week low of $218.37 and a 52 week high of $445.91.

Analog Devices (NASDAQ:ADI) last released its quarterly 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. The firm had revenue of $3.62 billion for 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 in the prior year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders 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 dividend yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction 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 directly owned 56,332 shares of the company’s stock, valued at $23,546,776. This represents a 23.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. The trade was a 17.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 91,442 shares of company stock valued at $37,241,554. 0.36% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ADI. TD Cowen raised their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Oppenheimer boosted their price target on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Arete Research upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price for the company in a research note on Monday, March 30th. Finally, Robert W. Baird boosted their target price on Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $439.79.

Analog Devices 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.