Baker Chad R Sells 3,260 Shares of Analog Devices, Inc. $ADI

Baker Chad R reduced its position in Analog Devices, Inc. (NASDAQ:ADI) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 77,150 shares of the semiconductor company’s stock after selling 3,260 shares during the period. Analog Devices comprises 3.8% of Baker Chad R’s holdings, making the stock its 8th largest position. Baker Chad R’s holdings in Analog Devices were worth $21,202,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the business’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 value of $3,069,200.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Michael Sondel sold 4,199 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was 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 of the company’s stock, valued at approximately $5,321,434.80. This trade represents a 22.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 41,449 shares of company stock valued at $12,336,069 over the last three months. 0.36% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $410.00 target price on shares of Analog Devices in a report on Thursday, February 19th. The Goldman Sachs Group raised their price objective on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Evercore restated an “outperform” rating and set a $387.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Wells Fargo & Company upped their target price on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. increased their target price on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Analog Devices presently has a consensus rating of “Buy” and an average price target of $366.96.

Analog Devices Trading Down 2.7%

Shares of ADI stock opened at $313.42 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The stock has a market cap of $153.01 billion, a P/E ratio of 57.30, a price-to-earnings-growth ratio of 1.48 and a beta of 1.00. The stock has a 50 day simple moving average of $323.80 and a 200 day simple moving average of $279.17. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $363.20.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The company’s revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the company earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

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

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.