Argent Capital Management LLC Has $14.28 Million Holdings in Analog Devices, Inc. $ADI

Argent Capital Management LLC lifted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 3,907.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,661 shares of the semiconductor company’s stock after acquiring an additional 51,347 shares during the period. Argent Capital Management LLC’s holdings in Analog Devices were worth $14,282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp grew its position in Analog Devices by 12.9% during the third quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock worth $41,907,000 after buying an additional 19,383 shares in the last quarter. SG Americas Securities LLC raised its holdings in Analog Devices by 684.6% in the 3rd quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock valued at $211,871,000 after acquiring an additional 752,411 shares in the last quarter. Voya Investment Management LLC lifted its position in shares of Analog Devices by 22.3% in the 3rd quarter. Voya Investment Management LLC now owns 1,293,403 shares of the semiconductor company’s stock worth $317,789,000 after acquiring an additional 236,211 shares during the period. AE Wealth Management LLC lifted its position in shares of Analog Devices by 26.4% in the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock worth $10,795,000 after acquiring an additional 9,174 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its holdings in shares of Analog Devices by 18.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company’s stock worth $5,094,000 after purchasing an additional 3,286 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. The Goldman Sachs Group boosted their price objective on Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Morgan Stanley reissued an “overweight” rating and issued a $373.00 price target on shares of Analog Devices in a report on Thursday, February 19th. Jefferies Financial Group restated a “buy” rating and issued a $410.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Piper Sandler raised their price objective on shares of Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Finally, Stifel Nicolaus set a $405.00 target price on shares of Analog Devices and gave the company a “buy” rating in a research note on Wednesday, February 18th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $366.96.

Insider Transactions at Analog Devices

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 shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the transaction, the director directly owned 123,821 shares in the company, valued at approximately $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Michael Sondel sold 4,199 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the sale, the chief accounting officer directly owned 14,740 shares in the company, valued at $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 41,449 shares of company stock worth $12,336,069. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Trading Up 0.6%

Shares of ADI stock opened at $310.44 on Friday. The company has a market capitalization of $151.56 billion, a P/E ratio of 56.75, a P/E/G ratio of 1.42 and a beta of 1.00. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $322.05 and a 200 day moving average price of $276.80.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion for 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 quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s payout ratio is currently 80.44%.

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.