21,696 Analog Devices, Inc. $ADI Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 8.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 266,136 shares of the semiconductor company’s stock after buying an additional 21,696 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.05% of Analog Devices worth $105,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in ADI. Contravisory Investment Management Inc. bought a new stake in Analog Devices in the second quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Analog Devices during the 2nd quarter worth $25,000. Nvwm LLC raised its holdings in shares of Analog Devices by 590.0% during the 3rd quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. Cornerstone Financial Management LLC raised its holdings in shares of Analog Devices by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 28 shares in the last quarter. Finally, Dunhill Financial LLC acquired a new stake in shares of Analog Devices in the 2nd quarter valued at $32,000. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In related news, CFO Richard C. Puccio, Jr. sold 1,500 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total transaction of $584,190.00. Following the completion of the sale, the chief financial officer owned 48,177 shares in the company, valued at $18,763,014.42. This represents a 3.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 52,436 shares of company stock valued at $20,681,906 in the last quarter. Insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $363.56 on Friday. The firm has a fifty day simple moving average of $390.52 and a 200-day simple moving average of $373.48. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The stock has a market capitalization of $176.17 billion, a price-to-earnings ratio of 43.13, a PEG ratio of 1.00 and a beta of 1.24.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. Analog Devices’s revenue was up 39.2% compared to the same quarter last year. During the same period last year, the business posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, sell-side analysts expect that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is currently 52.19%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ADI. Wall Street Zen cut shares of Analog Devices from a “buy” rating to a “hold” rating in a report on Saturday. TD Cowen raised their target price on Analog Devices from $460.00 to $475.00 and gave the company a “buy” rating in a report on Monday, October 19th. Sanford C. Bernstein upgraded Analog Devices from a “market perform” rating to an “outperform” rating and raised their target price for the company from $430.00 to $465.00 in a report on Wednesday, August 19th. Evercore reduced their price target on Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $510.00 price target (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $460.55.

Analog Devices Profile

Analog Devices, Inc designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions.

The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.