Analog Devices, Inc. $ADI Stake Increased by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC boosted its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 6.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 37,271 shares of the semiconductor company’s stock after purchasing an additional 2,142 shares during the quarter. Analog Devices comprises about 1.7% of Kesler Norman & Wride LLC’s holdings, making the stock its 8th biggest holding. Kesler Norman & Wride LLC’s holdings in Analog Devices were worth $10,108,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. 1620 Investment Advisors Inc. grew its position in Analog Devices by 5.0% during the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after purchasing an additional 32 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Analog Devices by 14.1% during the 4th quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock valued at $75,000 after acquiring an additional 34 shares during the last quarter. JFS Wealth Advisors LLC boosted its holdings in shares of Analog Devices by 9.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock valued at $106,000 after acquiring an additional 35 shares during the last quarter. Albion Financial Group UT boosted its holdings in shares of 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 acquiring an additional 36 shares during the last quarter. Finally, Washington Trust Bank boosted its holdings in shares of Analog Devices by 1.4% during the 4th quarter. Washington Trust Bank now owns 2,596 shares of the semiconductor company’s stock valued at $704,000 after acquiring an additional 37 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This trade represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 80,000 shares of company stock valued at $31,519,000 over the last quarter. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

ADI has been the topic of a number of recent analyst reports. Barclays raised their price target on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $430.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Argus set a $460.00 price target on shares of Analog Devices in a report on Tuesday, May 26th. JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Cantor Fitzgerald raised their price target on shares of Analog Devices from $400.00 to $510.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $432.71.

Analog Devices Stock Performance

ADI opened at $423.20 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The company has a market cap of $206.14 billion, a price-to-earnings ratio of 62.88, a PEG ratio of 1.13 and a beta of 1.18. The company’s 50 day moving average is $373.87 and its 200 day moving average is $323.96. Analog Devices, Inc. has a 12-month low of $213.05 and a 12-month high of $435.72.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data 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 company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm’s revenue was up 37.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. Analog Devices’s dividend payout ratio (DPR) 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.