Baldwin Investment Management LLC Raises Stock Holdings in Analog Devices, Inc. $ADI

Baldwin Investment Management LLC raised its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 246.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,515 shares of the semiconductor company’s stock after buying an additional 2,500 shares during the period. Baldwin Investment Management LLC’s holdings in Analog Devices were worth $864,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Howard Hughes Medical Institute purchased a new stake in shares of Analog Devices during the second quarter worth about $25,000. Clayton Financial Group LLC bought a new position in Analog Devices during the 3rd quarter valued at approximately $31,000. Y.D. More Investments Ltd purchased a new stake in Analog Devices in the 3rd quarter worth approximately $32,000. LFA Lugano Financial Advisors SA grew its position in shares of Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after buying an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. bought a new position in shares of Analog Devices during the third quarter valued at approximately $38,000. Institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the subject of a number of research reports. Barclays increased their price target on shares of Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday. The Goldman Sachs Group raised their target price on Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Susquehanna upped their price target on Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research note on Thursday. KeyCorp raised their price objective on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Truist Financial upped their target price on shares of Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a research report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.

Insiders Place Their Bets

In related news, CAO Michael Sondel sold 8,169 shares of Analog Devices stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total value of $2,271,227.07. Following the completion of the sale, the chief accounting officer directly owned 18,913 shares in the company, valued at approximately $5,258,381.39. This trade represents a 30.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Katsufumi Nakamura sold 500 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares in the company, valued at $3,831,556.60. This represents a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 53,544 shares of company stock worth $15,320,417. 0.36% of the stock is owned by corporate insiders.

Analog Devices Stock Performance

Shares of ADI stock opened at $355.15 on Tuesday. The company has a market capitalization of $173.38 billion, a price-to-earnings ratio of 64.93, a price-to-earnings-growth ratio of 1.68 and a beta of 1.03. 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 one year low of $158.65 and a one year high of $358.00. The company’s 50-day moving average is $303.91 and its 200 day moving average is $266.21.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the prior year, the firm posted $1.63 earnings per share. The business’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is 72.39%.

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.