Kestra Private Wealth Services LLC Has $11.79 Million Position in Analog Devices, Inc. $ADI

Kestra Private Wealth Services LLC lowered its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,485 shares of the semiconductor company's stock after selling 2,573 shares during the period. Kestra Private Wealth Services LLC's holdings in Analog Devices were worth $11,793,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ADI. Jones Financial Companies Lllp lifted its stake in shares of Analog Devices by 12.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company's stock valued at $41,907,000 after purchasing an additional 19,383 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Analog Devices by 684.6% in the 3rd quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company's stock valued at $211,871,000 after purchasing an additional 752,411 shares during the last quarter. Nordea Investment Management AB lifted its stake in shares of Analog Devices by 247.3% in the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company's stock valued at $95,802,000 after purchasing an additional 249,702 shares during the last quarter. AE Wealth Management LLC lifted its position in Analog Devices by 26.4% during the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company's stock worth $10,795,000 after acquiring an additional 9,174 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in Analog Devices by 18.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company's stock worth $5,094,000 after acquiring an additional 3,286 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ADI. The Goldman Sachs Group boosted their target price on shares of Analog Devices from $300.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, February 18th. Needham & Company LLC raised shares of Analog Devices from a "hold" rating to a "buy" rating and set a $400.00 target price for the company in a research report on Thursday, February 19th. JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $320.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Cantor Fitzgerald boosted their target price on shares of Analog Devices from $350.00 to $400.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 17th. Finally, Arete Research raised 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. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Analog Devices has an average rating of "Moderate Buy" and an average target price of $370.69.

Insider Activity

In other news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the transaction, the director owned 123,821 shares of the company's stock, valued at approximately $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michael Sondel sold 4,199 shares of the company's stock in a transaction dated 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 directly owned 14,740 shares of the company's stock, valued at $5,321,434.80. This represents a 22.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 27,324 shares of company stock valued at $8,758,085. Insiders own 0.36% of the company's stock.

Analog Devices Stock Down 1.7%

Shares of ADI opened at $392.59 on Tuesday. The company has a 50-day simple moving average of $338.64 and a 200-day simple moving average of $295.94. The firm has a market capitalization of $191.66 billion, a P/E ratio of 71.77, a P/E/G ratio of 1.60 and a beta of 1.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices, Inc. has a 52 week low of $186.73 and a 52 week high of $408.37.

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

Analog Devices Increases Dividend

The business also recently disclosed 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. This is an increase from Analog Devices's previous quarterly dividend of $0.99. 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, March 3rd. Analog Devices's dividend payout ratio (DPR) is currently 80.44%.

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.

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