Analog Devices, Inc. $ADI Shares Purchased by ProVise Management Group LLC

ProVise Management Group LLC boosted its position in Analog Devices, Inc. (NASDAQ:ADI) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,832 shares of the semiconductor company’s stock after buying an additional 1,868 shares during the period. Analog Devices makes up about 1.3% of ProVise Management Group LLC’s holdings, making the stock its 24th biggest position. ProVise Management Group LLC’s holdings in Analog Devices were worth $17,403,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ADI. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Analog Devices by 11.2% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 132,024 shares of the semiconductor company’s stock valued at $32,438,000 after acquiring an additional 13,338 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Analog Devices during the third quarter worth about $789,000. Vinva Investment Management Ltd raised its holdings in Analog Devices by 18.2% during the third quarter. Vinva Investment Management Ltd now owns 40,075 shares of the semiconductor company’s stock worth $9,810,000 after purchasing an additional 6,179 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in Analog Devices by 4.2% during the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 34,983 shares of the semiconductor company’s stock worth $8,595,000 after purchasing an additional 1,420 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its position in Analog Devices by 6.5% in the third quarter. CreativeOne Wealth LLC now owns 1,178 shares of the semiconductor company’s stock valued at $290,000 after purchasing an additional 72 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Down 4.2%

Shares of Analog Devices stock opened at $315.81 on Monday. The company has a 50-day moving average of $316.34 and a two-hundred day moving average of $273.34. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20. 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 $154.18 billion, a PE ratio of 57.74, a price-to-earnings-growth ratio of 1.45 and a beta of 1.00.

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 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 return on equity of 12.49% and a net margin of 23.02%.The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous 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 anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.

Insider Activity at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction 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 completion of the transaction, the director owned 123,821 shares of the company’s stock, valued at $39,288,403.30. The trade was a 2.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 57,743 shares of company stock valued at $16,836,340 in the last 90 days. 0.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on ADI. Morgan Stanley reaffirmed an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Oppenheimer reissued an “outperform” rating and issued a $400.00 price target (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. Benchmark lifted their price target on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $270.00 price objective on shares of Analog Devices in a research report on Wednesday, November 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $366.96.

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.