Analog Devices, Inc. $ADI Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its position in Analog Devices, Inc. (NASDAQ:ADI) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 540,782 shares of the semiconductor company’s stock after purchasing an additional 6,260 shares during the period. LPL Financial LLC’s holdings in Analog Devices were worth $146,660,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ADI. Hilton Head Capital Partners LLC bought a new position in Analog Devices during the 4th quarter valued at $26,000. Y.D. More Investments Ltd bought a new position in Analog Devices during the 3rd quarter valued at $32,000. Albion Financial Group UT boosted its stake in Analog Devices by 41.4% during the 4th 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 in the last quarter. Entrust Financial LLC bought a new position in Analog Devices during the 4th quarter valued at $33,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its stake in Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 49 shares in the last quarter. 86.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Evercore reaffirmed an “outperform” rating and set a $474.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Benchmark increased their price target on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Wolfe Research reaffirmed an “outperform” rating and set a $475.00 price target on shares of Analog Devices 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. Finally, Needham & Company LLC increased their price objective on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average target price of $432.71.

Insiders Place Their Bets

In other news, CEO Vincent Roche sold 30,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the sale, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Martin Cotter sold 17,594 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the sale, the senior vice president owned 56,332 shares of the company’s stock, valued at $23,546,776. The trade was a 23.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,594 shares of company stock valued at $38,873,292 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $392.67 on Thursday. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $439.70. The stock has a fifty day moving average of $387.94 and a 200-day moving average of $332.84. The company has a market capitalization of $191.27 billion, a PE ratio of 58.35, a price-to-earnings-growth ratio of 1.13 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the prior year, the firm earned $1.85 EPS. The company’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. As a group, equities analysts anticipate that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be issued a $1.10 dividend. The ex-dividend date is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is presently 65.38%.

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.