Segall Bryant & Hamill LLC Sells 2,856 Shares of Analog Devices, Inc. $ADI

Segall Bryant & Hamill LLC decreased its position in Analog Devices, Inc. (NASDAQ:ADI) by 11.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 22,345 shares of the semiconductor company’s stock after selling 2,856 shares during the period. Segall Bryant & Hamill LLC’s holdings in Analog Devices were worth $7,109,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ADI. ING Groep NV increased its stake in shares of Analog Devices by 45.1% in the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock valued at $60,358,000 after acquiring an additional 69,202 shares in the last quarter. Covenant Asset Management LLC acquired a new stake in Analog Devices in the fourth quarter worth $2,500,000. MGO One Seven LLC grew its holdings in Analog Devices by 17.7% in the fourth quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company’s stock worth $12,352,000 after purchasing an additional 6,846 shares during the period. Jones Kertz & Associates Inc. bought a new stake in Analog Devices in the fourth quarter valued at $1,480,000. Finally, Kingswood Wealth Advisors LLC increased its stake in Analog Devices by 432.2% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 12,028 shares of the semiconductor company’s stock valued at $3,262,000 after purchasing an additional 9,768 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $53,605,435.50. This represents a 6.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $389.83, for a total value of $389,830.00. Following the transaction, the director owned 11,019 shares in the company, valued at approximately $4,295,536.77. This trade represents a 8.32% 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. Over the last three months, insiders have sold 93,858 shares of company stock worth $38,083,630. 0.36% of the stock is owned by corporate insiders.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $367.41 on Monday. Analog Devices, Inc. has a fifty-two week low of $218.37 and a fifty-two week high of $445.91. The stock has a market cap of $178.96 billion, a price-to-earnings ratio of 54.59, a PEG ratio of 0.95 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The firm’s 50-day simple moving average is $398.18 and its 200 day simple moving average is $363.67.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s quarterly revenue was up 37.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, research analysts anticipate that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors 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 yield of 1.2%. Analog Devices’s dividend payout ratio is 65.38%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ADI. KeyCorp increased their price objective on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Evercore reiterated an “outperform” rating and issued a $474.00 price target on shares of Analog Devices in a report on Thursday, May 21st. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 price objective on shares of Analog Devices in a research note on Wednesday, May 20th. Citigroup boosted their price objective on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Oppenheimer increased their target price on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $441.00.

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.