Diversify Wealth Management LLC Takes Position in Analog Devices, Inc. $ADI

Diversify Wealth Management LLC bought a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 3,812 shares of the semiconductor company’s stock, valued at approximately $1,213,000.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Evercore restated an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Analog Devices in a report on Wednesday, May 20th. Wolfe Research reissued an “outperform” rating and issued a $475.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target for the company in a research note on Monday, March 30th. Finally, Oppenheimer raised their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Analog Devices Stock Performance

Shares of ADI stock opened at $390.96 on Thursday. The firm has a 50-day moving average of $407.81 and a 200-day moving average of $356.10. The company has a market cap of $190.43 billion, a P/E ratio of 58.09, a P/E/G ratio of 1.10 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, Inc. has a one year low of $218.37 and a one year 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, 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 business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. During the same period in the previous year, the company earned $1.85 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is currently 65.38%.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the transaction, the director owned 120,175 shares of the company’s stock, valued at approximately $48,169,745.25. The trade was a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 103,858 shares of company stock valued at $42,062,730. 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.