Allspring Global Investments Holdings LLC Sells 6,682 Shares of Analog Devices, Inc. $ADI

Allspring Global Investments Holdings LLC decreased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 177,596 shares of the semiconductor company’s stock after selling 6,682 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Analog Devices were worth $48,615,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Brookstone Capital Management lifted its stake in shares of Analog Devices by 7.7% in the fourth quarter. Brookstone Capital Management now owns 2,905 shares of the semiconductor company’s stock valued at $788,000 after buying an additional 207 shares during the period. Harrell Investment Partners LLC increased its stake in Analog Devices by 6.4% during the fourth quarter. Harrell Investment Partners LLC now owns 33,262 shares of the semiconductor company’s stock valued at $9,021,000 after acquiring an additional 2,011 shares during the period. Mn Services Vermogensbeheer B.V. raised its holdings in Analog Devices by 2.4% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 192,112 shares of the semiconductor company’s stock valued at $52,101,000 after acquiring an additional 4,519 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of Analog Devices by 6.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 57,927 shares of the semiconductor company’s stock worth $15,710,000 after acquiring an additional 3,683 shares during the period. Finally, Enterprise Financial Services Corp acquired a new stake in shares of Analog Devices during the 4th quarter worth approximately $207,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Up 0.8%

Shares of NASDAQ ADI opened at $320.58 on Thursday. The stock has a market cap of $156.51 billion, a PE ratio of 58.61, a PEG ratio of 1.46 and a beta of 1.05. The business has a fifty day moving average of $324.76 and a two-hundred day moving average of $281.20. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week 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 posted its earnings results 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

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

Analyst Ratings Changes

ADI has been the topic of a number of recent research reports. Bank of America lifted their price target on shares of Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. TD Cowen reaffirmed a “buy” rating on shares of Analog Devices in a report on Thursday, February 19th. Morgan Stanley reiterated an “overweight” rating and set a $373.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. Robert W. Baird set a $365.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Citigroup reissued a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $367.81.

Insider Activity at Analog Devices

In other news, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the sale, the senior vice president owned 12,710 shares of the company’s stock, valued at approximately $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices 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 completion of the transaction, the chief executive officer owned 155,688 shares of the company’s stock, valued at $47,783,760.96. This trade represents a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 41,449 shares of company stock valued at $12,336,069. 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.