Analog Devices, Inc. $ADI Shares Sold by Equitable Trust Co.

Equitable Trust Co. decreased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 79,462 shares of the semiconductor company’s stock after selling 8,461 shares during the period. Analog Devices makes up 1.2% of Equitable Trust Co.’s holdings, making the stock its 16th largest holding. Equitable Trust Co.’s holdings in Analog Devices were worth $25,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of ADI. Banque Transatlantique SA acquired a new position in Analog Devices during the fourth quarter worth $25,000. Evolution Wealth Management Inc. purchased a new stake in Analog Devices during the first quarter worth $30,000. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices in the fourth quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices in the fourth quarter valued at $27,000. Finally, Entrust Financial LLC purchased a new position in shares of Analog Devices in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. TD Cowen lifted their price target on Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Oppenheimer increased their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price for the company in a research report on Monday, March 30th. Wolfe Research restated an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Finally, Argus set a $460.00 price target on shares of Analog Devices in a report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and an average target price of $439.79.

Analog Devices News Roundup

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

• Positive Sentiment: Analog Devices secured a new 364-day revolving credit facility of up to $3.0 billion, giving it additional financial flexibility for operations, capital spending, and potential shareholder returns. Analog Devices (ADI) Could Be 16% Undervalued As It Secures A $3.0b Credit Facility
• Positive Sentiment: The company’s planned Oregon semiconductor facility expansion of more than $1 billion supports long-term manufacturing capacity and could strengthen its position in a supply-constrained industry. Analog Devices Invests More Than $1 Billion in Semiconductor Facility Expansion in Oregon
• Neutral Sentiment: Recent market commentary said Analog Devices has generally surpassed market returns, reflecting relatively strong investor sentiment and helping explain the stock’s upward bias. Analog Devices (ADI) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Another report said the stock underperformed competitors on Thursday despite daily gains, suggesting the move was solid but not as strong as peers in the semiconductor group. Analog Devices Inc. stock underperforms Thursday when compared to competitors despite daily gains
• Negative Sentiment: Director Ray Stata sold 1,416 shares in a pre-arranged Rule 10b5-1 transaction, which may weigh slightly on sentiment even though it was disclosed in advance and appears routine. SEC Form 4 for Ray Stata transaction

Insider Activity

In other Analog Devices news, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $411.95, for a total value of $411,950.00. Following the completion of the sale, the director directly owned 12,019 shares of the company’s stock, valued at approximately $4,951,227.05. The trade was a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 102,858 shares of company stock worth $41,672,900. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Stock Up 2.1%

ADI opened at $393.64 on Friday. The firm has a market cap of $191.74 billion, a P/E ratio of 58.49, a PEG ratio of 1.08 and a beta of 1.18. The business’s fifty day simple moving average is $408.74 and its 200 day simple moving average is $352.89. Analog Devices, Inc. has a 52 week low of $218.37 and a 52 week high of $445.91. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last released its 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. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period in the prior year, the firm earned $1.85 EPS. The firm’s quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities research analysts anticipate that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.

Analog Devices 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.