Berry Wealth Group LP Has $255,000 Stake in Analog Devices, Inc. $ADI

Berry Wealth Group LP trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI) by 90.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,039 shares of the semiconductor company’s stock after selling 9,333 shares during the period. Analog Devices accounts for about 0.8% of Berry Wealth Group LP’s investment portfolio, making the stock its 27th largest position. Berry Wealth Group LP’s holdings in Analog Devices were worth $255,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Howard Hughes Medical Institute acquired a new stake in shares of Analog Devices in the second quarter worth $25,000. Clayton Financial Group LLC bought a new position in Analog Devices in the 3rd quarter worth $31,000. Y.D. More Investments Ltd acquired a new position in Analog Devices during the 3rd quarter worth $32,000. LFA Lugano Financial Advisors SA boosted its holdings 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 valued at $33,000 after acquiring an additional 65 shares during the period. Finally, Valley Wealth Managers Inc. acquired a new stake in shares of Analog Devices in the third quarter valued at about $38,000. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

ADI has been the subject of several recent analyst reports. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Bank of America upped their price target on Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Cfra reissued a “buy” rating and issued a $280.00 price objective on shares of Analog Devices in a research report on Tuesday, November 25th. UBS Group boosted their target price on shares of Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $410.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $366.96.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $329.72 on Friday. The firm has a market cap of $160.97 billion, a P/E ratio of 60.28, a price-to-earnings-growth ratio of 1.57 and a beta of 1.00. The firm’s 50-day simple moving average is $315.56 and its 200-day simple moving average is $272.26. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $363.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76.

Analog Devices (NASDAQ:ADI) last announced 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 firm 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 company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $4.40 annualized dividend and a yield of 1.3%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s payout ratio is presently 80.44%.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 500 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the transaction, the senior vice president directly owned 12,710 shares in the company, valued at $3,831,556.60. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction 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 completion of the sale, the chief executive officer owned 155,688 shares in the company, valued at $47,783,760.96. This represents a 6.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 57,743 shares of company stock valued at $16,836,340. 0.36% of the stock is owned by insiders.

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.