Patriot Financial Group Insurance Agency LLC Buys 1,516 Shares of Analog Devices, Inc. $ADI

Patriot Financial Group Insurance Agency LLC boosted its position in Analog Devices, Inc. (NASDAQ:ADIFree Report) by 18.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,816 shares of the semiconductor company’s stock after buying an additional 1,516 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Analog Devices were worth $2,662,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. JFS Wealth Advisors LLC increased its position in shares of Analog Devices by 9.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock worth $106,000 after purchasing an additional 35 shares during the last quarter. Albion Financial Group UT increased its position in shares of Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 36 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its position in shares of Analog Devices by 0.5% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,369 shares of the semiconductor company’s stock worth $2,270,000 after purchasing an additional 38 shares during the last quarter. Regent Peak Wealth Advisors LLC increased its position in shares of Analog Devices by 3.7% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company’s stock worth $295,000 after purchasing an additional 39 shares during the last quarter. Finally, Fragasso Financial Advisors Inc increased its position in shares of Analog Devices by 2.9% during the 4th quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company’s stock worth $372,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

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Analysts Set New Price Targets

Several research analysts have weighed in on ADI shares. Cantor Fitzgerald boosted their price target on Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. upped their price objective on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Wells Fargo & Company raised their price objective on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Oppenheimer reiterated an “outperform” rating and issued a $400.00 target price (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. Finally, Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and an average target price of $370.69.

Get Our Latest Stock Analysis on ADI

Analog Devices Stock Up 5.0%

Shares of NASDAQ:ADI opened at $371.45 on Friday. The stock has a market cap of $181.34 billion, a price-to-earnings ratio of 67.91, a PEG ratio of 1.44 and a beta of 1.05. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12-month low of $171.00 and a 12-month high of $372.45. The business’s 50 day moving average is $331.78 and its 200 day moving average is $288.96.

Analog Devices (NASDAQ:ADIGet Free Report) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were given a $1.10 dividend. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices’s payout ratio is presently 80.44%.

Insiders Place Their Bets

In other news, CAO Michael Sondel sold 4,199 shares of the company’s 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 transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at approximately $5,321,434.80. This represents a 22.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 27,324 shares of company stock valued at $8,758,085. Insiders own 0.36% of the company’s stock.

Analog Devices Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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