Crossmark Global Holdings Inc. Buys 1,604 Shares of Analog Devices, Inc. $ADI

Crossmark Global Holdings Inc. raised its position in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,803 shares of the semiconductor company’s stock after purchasing an additional 1,604 shares during the period. Crossmark Global Holdings Inc.’s holdings in Analog Devices were worth $22,185,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ADI. Y.D. More Investments Ltd purchased a new position in Analog Devices in the 3rd quarter worth $32,000. LFA Lugano Financial Advisors SA raised its position in Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares during the last quarter. Albion Financial Group UT raised its holdings in shares of Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares in the last quarter. Barnes Dennig Private Wealth Management LLC raised its holdings in Analog Devices by 61.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 49 shares in the last quarter. Finally, Valley Wealth Managers Inc. purchased a new stake in Analog Devices in the third quarter worth about $38,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ADI has been the subject of several recent research reports. TD Cowen reissued a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Morgan Stanley reaffirmed an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Jefferies Financial Group restated a “buy” rating and set a $410.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Oppenheimer restated an “outperform” rating and issued a $400.00 price target (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Evercore reissued an “outperform” rating and issued a $387.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $370.69.

Check Out Our Latest Stock Analysis on ADI

Insider Transactions at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of Analog Devices 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 owned 14,740 shares in the company, valued at approximately $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $397.91, for a total value of $3,979,100.00. Following the completion of the sale, the chief executive officer directly owned 187,538 shares of the company’s stock, valued at $74,623,245.58. The trade was a 5.06% 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. In the last ninety days, insiders sold 24,199 shares of company stock valued at $8,676,423. 0.36% of the stock is owned by insiders.

Analog Devices Price Performance

ADI stock opened at $416.52 on Friday. The company’s fifty day moving average price is $344.80 and its 200-day moving average price is $302.88. Analog Devices, Inc. has a one year low of $206.00 and a one year high of $418.75. The company has a market capitalization of $203.35 billion, a PE ratio of 76.15, a price-to-earnings-growth ratio of 1.64 and a beta of 1.19. 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:ADIGet Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the business posted $1.63 earnings per share. The business’s quarterly revenue 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. On average, equities analysts anticipate that Analog Devices, Inc. will post 11.35 EPS 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 dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

Analog Devices News Summary

Here are the key news stories impacting Analog Devices this week:

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.

Further Reading

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

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