Alliancebernstein L.P. Trims Holdings in Analog Devices, Inc. $ADI

Alliancebernstein L.P. decreased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,276,474 shares of the semiconductor company’s stock after selling 21,181 shares during the period. Alliancebernstein L.P. owned 0.26% of Analog Devices worth $313,630,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after buying an additional 529 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Analog Devices by 36.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after acquiring an additional 464 shares during the last quarter. Advisors Capital Management LLC increased its holdings in Analog Devices by 5.7% in the 2nd quarter. Advisors Capital Management LLC now owns 4,421 shares of the semiconductor company’s stock valued at $1,052,000 after acquiring an additional 237 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in Analog Devices by 6.9% in the 2nd quarter. Foundations Investment Advisors LLC now owns 2,698 shares of the semiconductor company’s stock worth $642,000 after purchasing an additional 175 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Analog Devices by 7.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 121,640 shares of the semiconductor company’s stock valued at $28,953,000 after purchasing an additional 8,188 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on ADI shares. Weiss Ratings lowered Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 20th. UBS Group increased their price target on Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Cfra restated a “buy” rating and set a $280.00 price target on shares of Analog Devices in a report on Tuesday, November 25th. KeyCorp upped their price objective on Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and an average target price of $366.96.

Analog Devices Trading Down 0.4%

Shares of ADI stock opened at $306.07 on Monday. The company has a market cap of $149.42 billion, a PE ratio of 55.95, a price-to-earnings-growth ratio of 1.41 and a beta of 1.00. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $363.20. The stock’s 50 day simple moving average is $320.42 and its two-hundred day simple moving average is $275.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35.

Analog Devices (NASDAQ:ADI) last announced its 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. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the business earned $1.63 EPS. The company’s quarterly revenue 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 predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s payout ratio is currently 80.44%.

Insider Buying and Selling

In other news, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total transaction of $991,562.50. Following the transaction, the director owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Martin Cotter sold 10,000 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the sale, the senior vice president owned 49,664 shares in the company, valued at approximately $13,828,444.16. The trade was a 16.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,574 shares of company stock worth $14,565,113 over the last three months. 0.36% of the stock is currently owned by company insiders.

Analog Devices 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.