Analog Devices, Inc. $ADI Stock: Lido Advisors LLC Grows Holdings

Lido Advisors LLC increased its position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 3.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 173,561 shares of the semiconductor company’s stock after buying an additional 5,932 shares during the period. Lido Advisors LLC’s holdings in Analog Devices were worth $68,854,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Contravisory Investment Management Inc. purchased a new stake in Analog Devices during the second quarter valued at about $25,000. Manning & Napier Advisors LLC acquired a new stake in Analog Devices during the second quarter worth about $25,000. Nvwm LLC increased its stake in Analog Devices by 590.0% during the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 59 shares during the last quarter. Dunhill Financial LLC acquired a new stake in Analog Devices during the second quarter worth about $32,000. Finally, Cornerstone Financial Management LLC raised its holdings in shares of Analog Devices by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 28 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Down 0.3%

Shares of Analog Devices stock opened at $393.30 on Wednesday. The company has a fifty day moving average price of $391.81 and a 200 day moving average price of $374.36. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a twelve month low of $224.25 and a twelve month high of $445.91. The stock has a market cap of $190.58 billion, a price-to-earnings ratio of 46.65, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24.

Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings data 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 return on equity of 16.39% and a net margin of 29.79%. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same period last year, the company posted $2.05 earnings per share. The firm’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 13.00 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 1,416 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $407.28, for a total value of $576,708.48. Following the completion of the transaction, the director owned 104,599 shares in the company, valued at $42,601,080.72. This represents a 1.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $425.46, for a total transaction of $4,254,600.00. Following the completion of the sale, the chief executive officer directly owned 125,670 shares of the company’s stock, valued at $53,467,558.20. This trade represents a 7.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 52,436 shares of company stock valued at $20,681,906. Company insiders own 0.36% of the company’s stock.

More Analog Devices News

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

Wall Street Analysts Forecast Growth

ADI has been the topic of several research analyst reports. Wall Street Zen lowered Analog Devices from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. boosted their target price on Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Cantor Fitzgerald reissued an “overweight” rating and set a $510.00 target price (up from $400.00) on shares of Analog Devices in a research report on Tuesday, September 8th. Morgan Stanley raised their price target on shares of Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Finally, BMO Capital Markets assumed coverage on shares of Analog Devices in a research report on Thursday, August 20th. They set an “outperform” rating and a $430.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $460.55.

Read Our Latest Stock Report on Analog Devices

About Analog Devices

(Free Report)

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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