US Bancorp DE Sells 13,380 Shares of Analog Devices, Inc. $ADI

US Bancorp DE cut its position in Analog Devices, Inc. (NASDAQ:ADI) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 444,812 shares of the semiconductor company’s stock after selling 13,380 shares during the period. US Bancorp DE’s holdings in Analog Devices were worth $120,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Y.D. More Investments Ltd bought a new stake in Analog Devices in the 3rd quarter valued at about $32,000. LFA Lugano Financial Advisors SA boosted its position in Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 65 shares during the period. Albion Financial Group UT boosted its position in Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 36 shares during the period. Barnes Dennig Private Wealth Management LLC increased its stake in shares of Analog Devices by 61.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 49 shares in the last quarter. Finally, Valley Wealth Managers Inc. bought a new stake in shares of Analog Devices in the third quarter valued at approximately $38,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ADI shares. Needham & Company LLC upgraded Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a research report on Thursday, February 19th. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. UBS Group increased their price objective on Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. KeyCorp lifted their target price on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Truist Financial boosted their price objective on shares of Analog Devices from $291.00 to $364.00 and gave the company a “hold” rating in a research note on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and an average price target of $370.69.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the transaction, the director directly owned 123,821 shares in the company, valued at $39,288,403.30. This trade represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $318.14, for a total transaction of $3,181,400.00. Following the completion of the sale, the chief executive officer directly owned 167,826 shares of the company’s stock, valued at $53,392,163.64. This trade represents a 5.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 27,324 shares of company stock worth $8,758,085 in the last quarter. 0.36% of the stock is owned by insiders.

Analog Devices Stock Up 1.6%

Shares of NASDAQ ADI opened at $389.31 on Thursday. The business has a 50-day moving average of $340.41 and a 200-day moving average of $297.70. The firm has a market capitalization of $190.06 billion, a price-to-earnings ratio of 71.17, a PEG ratio of 1.58 and a beta of 1.05. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12 month low of $186.73 and a 12 month high of $408.37.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts expect that Analog Devices, Inc. will post 11.35 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 3rd. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

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.