Stonebridge Financial Group LLC Sells 2,238 Shares of Analog Devices, Inc. $ADI

Stonebridge Financial Group LLC lessened its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,936 shares of the semiconductor company’s stock after selling 2,238 shares during the period. Stonebridge Financial Group LLC’s holdings in Analog Devices were worth $8,315,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADI. Riverbend Wealth Management LLC lifted its stake in Analog Devices by 2.2% in the first quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 27 shares during the last quarter. Bridgewater Advisors Inc. lifted its position in shares of Analog Devices by 1.5% during the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $574,000 after buying an additional 27 shares during the last quarter. Silicon Valley Capital Partners grew its stake in shares of Analog Devices by 4.2% during the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock worth $214,000 after acquiring an additional 27 shares during the period. Sound Income Strategies LLC increased its holdings in Analog Devices by 12.0% in the 1st quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock worth $90,000 after acquiring an additional 30 shares during the last quarter. Finally, 1620 Investment Advisors Inc. raised its stake in Analog Devices by 5.0% in the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after acquiring an additional 32 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Analog Devices

In other news, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the completion of the transaction, the director directly owned 11,019 shares in the company, valued at approximately $4,295,536.77. This represents a 8.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 shares were sold at an average price of $389.75, for a total value of $3,897,500.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $53,605,435.50. This represents 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. Over the last ninety days, insiders have sold 93,858 shares of company stock worth $38,083,630. Company insiders own 0.36% of the company’s stock.

Analog Devices Trading Down 1.5%

Shares of Analog Devices stock opened at $361.88 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91. The firm has a market cap of $176.27 billion, a PE ratio of 53.77, a PEG ratio of 0.95 and a beta of 1.20. The company has a 50 day simple moving average of $397.48 and a two-hundred day simple moving average of $364.13.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 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%. The business’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts expect that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is currently 65.38%.

Analyst Ratings Changes

ADI has been the subject of several recent research reports. Stifel Nicolaus lifted their target price on shares of Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Cantor Fitzgerald upped their price target on shares of Analog Devices from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Barclays raised their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and issued a $475.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Evercore reissued an “outperform” rating and set a $474.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $441.00.

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.