Bryn Mawr Trust Advisors LLC Reduces Stake in Analog Devices, Inc. $ADI

Bryn Mawr Trust Advisors LLC cut its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 21.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,713 shares of the semiconductor company’s stock after selling 8,304 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Analog Devices were worth $9,771,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after acquiring an additional 529 shares during the last quarter. Sivia Capital Partners LLC raised its position in Analog Devices by 36.0% during the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after acquiring an additional 464 shares during the last quarter. Ieq Capital LLC raised its position in Analog Devices by 38.0% during the second quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock worth $10,610,000 after acquiring an additional 12,276 shares during the last quarter. HUB Investment Partners LLC purchased a new stake in shares of Analog Devices in the second quarter valued at about $644,000. Finally, Peapack Gladstone Financial Corp lifted its holdings in shares of Analog Devices by 2.4% in the second quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock valued at $14,322,000 after purchasing an additional 1,406 shares in the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ADI shares. Wolfe Research reissued an “outperform” rating and set a $475.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Wells Fargo & Company upped their target price on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Raymond James Financial reiterated an “outperform” rating and set a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Argus set a $460.00 price target on Analog Devices in a research report on Tuesday, May 26th. Finally, TD Cowen boosted their price target on Analog Devices from $450.00 to $460.00 and gave the stock a “buy” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $440.14.

Insiders Place Their Bets

In related news, Director Ray Stata sold 1,416 shares of the stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $377.01, for a total transaction of $533,846.16. Following the transaction, the director directly owned 117,343 shares in the company, valued at approximately $44,239,484.43. This represents a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $389.75, for a total value of $3,897,500.00. Following the completion of the sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $53,605,435.50. The trade was a 6.78% 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 102,858 shares of company stock worth $41,672,900 in the last three months. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $386.01 on Tuesday. The company has a 50-day simple moving average of $408.54 and a 200-day simple moving average of $354.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company has a market cap of $188.02 billion, a PE ratio of 57.36, a price-to-earnings-growth ratio of 1.11 and a beta of 1.18. Analog Devices, Inc. has a 12 month low of $218.37 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. Analog Devices’s revenue was up 37.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is 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.