4,969 Shares in Analog Devices, Inc. $ADI Purchased by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, Holdings Channel.com reports. The firm purchased 4,969 shares of the semiconductor company’s stock, valued at approximately $1,973,000.

A number of other hedge funds have also recently bought and sold shares of ADI. Windsor Advisory Group LLC purchased a new stake in Analog Devices during the 2nd quarter worth approximately $337,000. Light Street Capital Management LLC acquired a new stake in shares of Analog Devices during the second quarter worth approximately $4,179,000. Caisse de depot et placement du Quebec acquired a new stake in Analog Devices in the second quarter valued at $195,830,000. Pointe Capital Management LLC bought a new position in Analog Devices during the 2nd quarter valued at $1,116,000. Finally, Odyssean LLC acquired a new position in Analog Devices during the 2nd quarter worth $865,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling

In other news, Director Karen Golz sold 1,000 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the sale, the director directly owned 11,019 shares in the company, valued at approximately $4,295,536.77. This represents a 8.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. This trade represents 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. Insiders sold a total of 45,274 shares of company stock valued at $17,889,486 over the last three months. 0.36% of the stock is owned by company insiders.

Analysts Set New Price Targets

ADI has been the subject of several research analyst reports. KeyCorp boosted their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Jefferies Financial Group lifted their price target on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Morgan Stanley boosted their price objective on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. The Goldman Sachs Group restated a “buy” rating and set a $480.00 price objective on shares of Analog Devices in a research note on Wednesday, August 19th. Finally, Argus set a $460.00 target price on Analog Devices in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $454.63.

Analog Devices Stock Down 0.5%

Shares of NASDAQ:ADI opened at $371.80 on Thursday. The company’s fifty day moving average is $385.42 and its two-hundred day moving average is $372.64. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The stock has a market capitalization of $180.16 billion, a price-to-earnings ratio of 44.10, a price-to-earnings-growth ratio of 0.76 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. During the same period in the previous year, the business posted $2.05 EPS. The company’s quarterly revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio is 52.19%.

Analog Devices Company 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.