Kathmere Capital Management LLC Buys 2,733 Shares of Analog Devices, Inc. $ADI

Kathmere Capital Management LLC increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 247.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,838 shares of the semiconductor company’s stock after buying an additional 2,733 shares during the quarter. Kathmere Capital Management LLC’s holdings in Analog Devices were worth $1,221,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ADI. Riverbend Wealth Management LLC grew its holdings in shares of Analog Devices by 2.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock worth $396,000 after purchasing an additional 27 shares in the last quarter. Sound Income Strategies LLC lifted its position in Analog Devices by 12.0% in the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 30 shares during the period. 1620 Investment Advisors Inc. boosted its stake in Analog Devices by 5.0% during the fourth quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock worth $182,000 after buying an additional 32 shares in the last quarter. Covestor Ltd boosted its stake in Analog Devices by 14.1% during the fourth quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock worth $75,000 after buying an additional 34 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC increased its holdings in Analog Devices by 3.4% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 1,026 shares of the semiconductor company’s stock valued at $326,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ADI shares. Argus set a $460.00 price objective on shares of Analog Devices in a research note on Tuesday, May 26th. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price on the stock in a research report on Monday, March 30th. Robert W. Baird upped their target price on shares of Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. TD Cowen increased their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Barclays raised their price target on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and a consensus price target of $439.79.

Analog Devices Trading Down 3.7%

Analog Devices stock traded down $14.43 during mid-day trading on Tuesday, hitting $374.40. The stock had a trading volume of 755,047 shares, compared to its average volume of 4,302,591. The stock has a market capitalization of $182.37 billion, a PE ratio of 55.62, a P/E/G ratio of 1.06 and a beta of 1.18. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12 month low of $218.37 and a 12 month high of $445.91. The stock has a 50-day simple moving average of $409.39 and a two-hundred day simple moving average of $349.73.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share 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 business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the firm posted $1.85 earnings per share. Analog Devices’s revenue for the quarter 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, sell-side analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 65.38%.

Insider Buying and Selling

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Karen Golz sold 1,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $411.95, for a total value of $411,950.00. Following the transaction, the director owned 12,019 shares of the company’s stock, valued at $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. Insiders sold 101,442 shares of company stock valued at $41,139,054 in the last three months. 0.36% of the stock is currently 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.