Bank of Stockton Has $3.37 Million Position in Analog Devices, Inc. $ADI

Bank of Stockton cut its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 11.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,599 shares of the semiconductor company’s stock after selling 1,358 shares during the quarter. Analog Devices accounts for about 1.0% of Bank of Stockton’s portfolio, making the stock its 19th largest position. Bank of Stockton’s holdings in Analog Devices were worth $3,372,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ADI. Banque Transatlantique SA acquired a new position in shares of Analog Devices during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Analog Devices during the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices during the 4th quarter worth $27,000. Evolution Wealth Management Inc. acquired a new position in Analog Devices in the 1st quarter worth about $30,000. Finally, Albion Financial Group UT increased its holdings in Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 36 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ADI. Fundamental Research set a $550.00 price target on Analog Devices in a research note on Monday, June 29th. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective for the company in a report on Monday, March 30th. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. Robert W. Baird boosted their target price on shares of Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Argus set a $460.00 price target on shares of Analog Devices in a research report on Tuesday, May 26th. Two 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $439.79.

Key Headlines Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices completed its acquisition of Empower Semiconductor, strengthening its AI power portfolio and expanding its addressable market. Analog Devices Completes Acquisition of Empower Semiconductor
• Positive Sentiment: Recent analyst commentary remains constructive, with price-target increases tied to accelerating AI chip demand and ADI’s growth outlook. Analog Devices (ADI) Wins Higher Price Target as AI Chip Boom Accelerates
• Neutral Sentiment: ADI has been trading with the broader semiconductor group, so sector sentiment is influencing the stock as chip names rebound and retrace. Entegris and Analog Devices Shares Skyrocket, What You Need To Know
• Negative Sentiment: CEO Vincent Roche sold 10,000 shares, which may create some short-term investor caution despite the planned nature of the trade. Vincent Roche insider trade

Analog Devices Price Performance

Analog Devices stock opened at $379.03 on Wednesday. The stock’s 50 day moving average is $408.68 and its 200 day moving average is $351.27. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The firm has a market cap of $184.62 billion, a P/E ratio of 56.32, a P/E/G ratio of 1.09 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $3.51 billion. During the same quarter last year, the business earned $1.85 EPS. The company’s revenue 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. As a group, research analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The company 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 was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio is 65.38%.

Insider Activity

In related news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $411.95, for a total transaction of $411,950.00. Following the sale, the director directly owned 12,019 shares in the company, valued at $4,951,227.05. This trade represents a 7.68% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 101,442 shares of company stock worth $41,139,054 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

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.