Analog Devices, Inc. $ADI Stake Decreased by Madison Asset Management LLC

Madison Asset Management LLC cut its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 367,468 shares of the semiconductor company’s stock after selling 11,107 shares during the period. Analog Devices accounts for approximately 1.1% of Madison Asset Management LLC’s portfolio, making the stock its 24th biggest holding. Madison Asset Management LLC’s holdings in Analog Devices were worth $99,657,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Albion Financial Group UT increased 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 purchasing an additional 36 shares during the period. Barnes Dennig Private Wealth Management LLC grew its position 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 valued at $35,000 after buying an additional 49 shares in the last quarter. Y.D. More Investments Ltd acquired a new position in Analog Devices during the 3rd quarter valued at about $32,000. LFA Lugano Financial Advisors SA lifted its stake in shares of Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 65 shares during the period. Finally, Ares Financial Consulting LLC bought a new position in shares of Analog Devices in the fourth quarter valued at approximately $38,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Performance

Shares of ADI opened at $419.65 on Wednesday. Analog Devices, Inc. has a one year low of $206.00 and a one year high of $422.88. The company has a 50-day moving average of $348.56 and a two-hundred day moving average of $306.59. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The stock has a market cap of $204.87 billion, a price-to-earnings ratio of 76.72, a PEG ratio of 1.70 and a beta of 1.19.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating 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 business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the prior year, the firm earned $1.63 EPS. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 11.35 earnings per share for the current year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.0%. Analog Devices’s payout ratio is presently 80.44%.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the 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. This represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the sale, the chief accounting officer owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 24,199 shares of company stock worth $8,676,423 in the last quarter. 0.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently commented on ADI. Needham & Company LLC raised Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a report on Thursday, February 19th. Robert W. Baird set a $365.00 target price on Analog Devices in a research note on Thursday, February 19th. UBS Group upped their price target on shares of Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Cantor Fitzgerald lifted their price objective on shares of Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Finally, Susquehanna increased their target price on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” 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 assigned a Hold rating to the stock. Based on data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and an average price target of $372.62.

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.