Analog Devices, Inc. $ADI Shares Acquired by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1,316.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,735 shares of the semiconductor company’s stock after acquiring an additional 88,976 shares during the period. Analog Devices makes up about 0.7% of Dana Investment Advisors Inc.’s investment portfolio, making the stock its 27th largest position. Dana Investment Advisors Inc.’s holdings in Analog Devices were worth $23,522,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Analog Devices by 36.0% during the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after buying an additional 464 shares in the last quarter. D.A. Davidson & CO. grew its position in Analog Devices by 27.1% in the second quarter. D.A. Davidson & CO. now owns 9,162 shares of the semiconductor company’s stock worth $2,181,000 after buying an additional 1,951 shares during the last quarter. Brookstone Capital Management grew its position in Analog Devices by 18.3% in the second quarter. Brookstone Capital Management now owns 2,241 shares of the semiconductor company’s stock worth $533,000 after buying an additional 346 shares during the last quarter. Finally, Carnegie Investment Counsel bought a new position in shares of Analog Devices in the second quarter valued at $270,000. 86.81% of the stock is currently owned by institutional investors.

Analog Devices Stock Performance

Shares of ADI opened at $355.15 on Tuesday. The company has a market capitalization of $173.38 billion, a PE ratio of 64.93, a PEG ratio of 1.68 and a beta of 1.03. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The company’s 50 day moving average price is $303.91 and its 200 day moving average price is $266.21. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $358.00.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the business posted $1.63 EPS. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be paid a dividend of $1.10 per share. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is 72.39%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ADI shares. Cfra reissued a “buy” rating and set a $280.00 price objective on shares of Analog Devices in a research note on Tuesday, November 25th. Citigroup reiterated a “buy” rating on shares of Analog Devices in a research report on Thursday. Susquehanna lifted their price target on Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research note on Thursday. UBS Group upped their price objective on shares of Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Bank of America raised their target price on shares of Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $366.96.

Insider Buying and Selling at Analog Devices

In related news, CAO Michael Sondel sold 8,169 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total value of $2,271,227.07. Following the completion of the sale, the chief accounting officer owned 18,913 shares of the company’s stock, valued at approximately $5,258,381.39. The trade was a 30.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the transaction, the chief executive officer directly owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 53,544 shares of company stock worth $15,320,417 over the last quarter. Insiders own 0.36% of the company’s stock.

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.