Analog Devices, Inc. $ADI Stock: Crossmark Global Holdings Inc. Lowers Stake

Crossmark Global Holdings Inc. reduced its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 21.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,949 shares of the semiconductor company’s stock after selling 22,544 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Analog Devices were worth $32,907,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of ADI. Axecap Investments LLC increased its stake in Analog Devices by 9.1% during the 3rd quarter. Axecap Investments LLC now owns 12,271 shares of the semiconductor company’s stock worth $4,868,000 after purchasing an additional 1,022 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in Analog Devices by 5.5% in the third quarter. Quadrant Capital Group LLC now owns 13,828 shares of the semiconductor company’s stock valued at $5,734,000 after buying an additional 717 shares in the last quarter. Integrated Advisors Network LLC lifted its stake in Analog Devices by 18.6% in the third quarter. Integrated Advisors Network LLC now owns 8,930 shares of the semiconductor company’s stock valued at $3,543,000 after buying an additional 1,400 shares in the last quarter. Harfst & Associates Inc. lifted its stake in Analog Devices by 0.7% in the third quarter. Harfst & Associates Inc. now owns 5,646 shares of the semiconductor company’s stock valued at $2,240,000 after buying an additional 40 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its holdings in shares of Analog Devices by 32.6% in the third quarter. Diversify Advisory Services LLC now owns 8,660 shares of the semiconductor company’s stock valued at $3,498,000 after buying an additional 2,131 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, insider Vivek Jain sold 3,305 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the transaction, the insider directly owned 40,428 shares in the company, valued at $16,437,216.24. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Richard Puccio, Jr. sold 2,683 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total value of $1,004,944.48. Following the transaction, the chief financial officer directly owned 54,177 shares in the company, valued at $20,292,537.12. This trade represents a 4.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,436 shares of company stock worth $20,014,954 over the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Trading Up 2.2%

Analog Devices stock opened at $405.96 on Thursday. The firm has a 50-day moving average of $383.63 and a 200-day moving average of $388.80. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company has a market cap of $196.72 billion, a price-to-earnings ratio of 48.16, a P/E/G ratio of 1.22 and a beta of 1.22.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. Analog Devices’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts expect that Analog Devices, Inc. will post 13.00 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, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices’s dividend payout ratio is 52.19%.

Key Stories Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: TD Cowen raised its price target for Analog Devices (ADI) from $460 to $475 and reiterated a “buy” rating, signaling continued confidence in the company’s earnings outlook and potential upside. Benzinga analyst price target report
• Positive Sentiment: Analog Devices disclosed that Tutanota LLC is seeking to purchase up to 100,000 ADI shares for $525 each in an unsolicited mini-tender offer. Although ADI recommended that shareholders reject the offer, the premium price drew investor attention and may reinforce perceptions that the stock is valuable. Analog Devices mini-tender offer announcement
• Neutral Sentiment: Exchange-traded funds were reported to be buying Analog Devices shares on October 19, suggesting continued institutional demand, though the report did not identify the size or strategic significance of the purchases. ETF purchases of Analog Devices
• Negative Sentiment: Chief Financial Officer Richard Puccio sold 1,500 shares valued at approximately $584,000. The transaction reduced his direct holdings by 3.02%, but it was executed under a pre-arranged Rule 10b5-1 plan, making it a relatively limited signal about management’s view of ADI’s prospects. Richard Puccio insider transaction

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ADI. Evercore lowered their price objective on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Arete Research raised their price objective on shares of Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Fundamental Research set a $550.00 price objective on shares of Analog Devices in a research report on Monday, June 29th. Needham & Company LLC boosted their price objective on shares of Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Finally, JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $460.55.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.