Advisors Capital Management LLC Boosts Stock Position in Analog Devices, Inc. $ADI

Key Points

• Advisors Capital Management LLC increased its stake in Analog Devices by 57.4% in Q4 to 8,066 shares valued at $2.188 million, and overall institutional investors own about 86.81% of the stock.
• Analog Devices beat Q4 estimates with $2.46 EPS (vs. $2.31) and $3.16B revenue, up 30.4% year-over-year, and set Q2 guidance of $2.73–$3.03 EPS; analysts maintain a consensus "Moderate Buy" with a $370.69 target.
• The company raised its quarterly dividend to $1.10 ( $4.40 annual, ~1.1% yield), while insiders have been net sellers recently — the CEO sold 10,000 shares and insiders sold 27,324 shares (~$8.76M) in the past 90 days.

Advisors Capital Management LLC lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 57.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,066 shares of the semiconductor company's stock after acquiring an additional 2,940 shares during the quarter. Advisors Capital Management LLC's holdings in Analog Devices were worth $2,188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC raised its position in shares of Analog Devices by 9.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company's stock valued at $106,000 after purchasing an additional 35 shares during the period. Albion Financial Group UT boosted its holdings in Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock worth $33,000 after buying an additional 36 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in Analog Devices by 0.5% in the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,369 shares of the semiconductor company's stock worth $2,270,000 after buying an additional 38 shares in the last quarter. Regent Peak Wealth Advisors LLC raised its holdings in Analog Devices by 3.7% during the fourth quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company's stock valued at $295,000 after acquiring an additional 39 shares during the period. Finally, Fragasso Financial Advisors Inc raised its holdings in Analog Devices by 2.9% during the fourth quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company's stock valued at $372,000 after acquiring an additional 39 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Trading Down 1.7%

Shares of Analog Devices stock opened at $392.59 on Tuesday. Analog Devices, Inc. has a twelve month low of $186.73 and a twelve month high of $408.37. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $338.64 and a 200-day moving average price of $295.94. The firm has a market cap of $191.66 billion, a price-to-earnings ratio of 71.77, a PEG ratio of 1.60 and a beta of 1.05.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts' consensus estimates of $2.31 by $0.15. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm's revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 11.38 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Analog Devices's previous quarterly dividend of $0.99. Analog Devices's dividend payout ratio is currently 80.44%.

Insider Activity

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer owned 155,688 shares in the company, valued at $47,783,760.96. This trade represents a 6.04% 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, CAO Michael Sondel sold 4,199 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the transaction, the chief accounting officer owned 14,740 shares of the company's stock, valued at $5,321,434.80. This trade represents a 22.17% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 27,324 shares of company stock worth $8,758,085. 0.36% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ADI has been the subject of a number of recent analyst reports. Wall Street Zen raised Analog Devices from a "hold" rating to a "buy" rating in a research note on Saturday, January 17th. Oppenheimer reissued an "outperform" rating and set a $400.00 target price (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. Stifel Nicolaus set a $405.00 target price on Analog Devices and gave the company a "buy" rating in a research note on Wednesday, February 18th. Citigroup reissued a "buy" rating on shares of Analog Devices in a report on Thursday, February 19th. Finally, The Goldman Sachs Group increased their price objective on shares of Analog Devices from $300.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, February 18th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $370.69.

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.

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