GC Wealth Management RIA LLC Sells 8,325 Shares of Analog Devices, Inc. $ADI

GC Wealth Management RIA LLC reduced its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 30.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,018 shares of the semiconductor company’s stock after selling 8,325 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Analog Devices were worth $5,158,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jones Financial Companies Lllp raised 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 worth $41,907,000 after purchasing an additional 19,383 shares during the last quarter. SG Americas Securities LLC lifted its position in Analog Devices by 684.6% during the 3rd 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 period. Nordea Investment Management AB boosted its stake in shares of Analog Devices by 247.3% in the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock valued at $95,802,000 after purchasing an additional 249,702 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in shares of Analog Devices by 18.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company’s stock valued at $5,094,000 after purchasing an additional 3,286 shares during the last quarter. Finally, AE Wealth Management LLC grew its position in shares of Analog Devices by 26.4% during the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock worth $10,795,000 after buying an additional 9,174 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Down 2.4%

Shares of NASDAQ ADI opened at $383.28 on Wednesday. Analog Devices, Inc. has a 52-week low of $186.73 and a 52-week high of $408.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The stock has a market cap of $187.12 billion, a P/E ratio of 70.07, a P/E/G ratio of 1.58 and a beta of 1.05. The firm has a 50 day moving average price of $339.55 and a 200 day moving average price of $297.05.

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. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the business posted $1.63 earnings per share. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts expect that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analog Devices Increases Dividend

The firm also recently announced 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. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio is presently 80.44%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, 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 value of $3,069,200.00. Following the completion of the transaction, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michael Sondel sold 4,199 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares of the company’s stock, 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. Over the last ninety days, insiders sold 27,324 shares of company stock valued at $8,758,085. Company insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on ADI shares. JPMorgan Chase & Co. increased their price objective on shares of Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Stifel Nicolaus set a $405.00 target price on shares of Analog Devices and gave the stock a “buy” rating in a report on Wednesday, February 18th. Barclays increased their price target on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Morgan Stanley restated an “overweight” rating and issued a $373.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Truist Financial lifted their price objective on Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a research note on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $370.69.

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.