Analog Devices, Inc. $ADI Shares Acquired by Sienna Gestion

Sienna Gestion lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 24.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 43,362 shares of the semiconductor company’s stock after acquiring an additional 8,657 shares during the period. Sienna Gestion’s holdings in Analog Devices were worth $11,857,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices in the 4th quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in Analog Devices during the 4th quarter valued at approximately $27,000. Entrust Financial LLC acquired a new position in Analog Devices during the 4th quarter valued at approximately $33,000. Albion Financial Group UT raised its holdings in shares of Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after buying an additional 36 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its stake in shares of Analog Devices by 56.1% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the semiconductor company’s stock worth $35,000 after buying an additional 46 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Price Performance

NASDAQ:ADI opened at $427.58 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company has a 50 day moving average price of $393.95 and a 200-day moving average price of $336.60. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $439.70. The firm has a market cap of $208.27 billion, a price-to-earnings ratio of 63.53, a price-to-earnings-growth ratio of 1.17 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the prior year, the firm posted $1.85 earnings per share. The firm’s quarterly revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Analog Devices’s dividend payout ratio is presently 65.38%.

Analyst Upgrades and Downgrades

ADI has been the topic of a number of research analyst reports. KeyCorp boosted their price objective on shares of Analog Devices from $430.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Barclays raised their target price on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Argus set a $460.00 price target on Analog Devices in a research note on Tuesday, May 26th. Wells Fargo & Company increased their price objective on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Finally, Susquehanna raised their price objective on Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $432.71.

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $411.95, for a total value of $411,950.00. Following the completion of the sale, the director directly owned 12,019 shares in the company, valued at approximately $4,951,227.05. The trade was a 7.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 101,442 shares of company stock worth $40,422,954. 0.36% of the stock is owned by company insiders.

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.