Clearstead Advisors LLC Has $4.22 Million Stock Position in Analog Devices, Inc. $ADI

Clearstead Advisors LLC increased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,164 shares of the semiconductor company’s stock after acquiring an additional 1,888 shares during the period. Clearstead Advisors LLC’s holdings in Analog Devices were worth $4,217,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Howard Hughes Medical Institute acquired a new position in Analog Devices in the 2nd quarter valued at approximately $25,000. Clayton Financial Group LLC purchased a new position in shares of Analog Devices during the 3rd quarter valued at $31,000. Y.D. More Investments Ltd acquired a new position in shares of Analog Devices in the third quarter worth $32,000. LFA Lugano Financial Advisors SA raised its holdings in shares of Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 65 shares in the last quarter. Finally, Valley Wealth Managers Inc. acquired a new stake in Analog Devices during the third quarter valued at $38,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. KeyCorp raised their price target on Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday. Morgan Stanley restated an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a report on Thursday. Cfra reiterated a “buy” rating and issued a $280.00 target price on shares of Analog Devices in a research note on Tuesday, November 25th. Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Finally, Benchmark raised their price target on shares of Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Price Performance

NASDAQ ADI opened at $355.15 on Tuesday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $358.00. The company has a fifty day simple moving average of $303.91 and a 200 day simple moving average of $266.21. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The company has a market cap of $173.38 billion, a P/E ratio of 64.93, a P/E/G ratio of 1.68 and a beta of 1.03.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion during 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

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

Insider Activity

In related news, CAO Michael Sondel sold 8,169 shares of the stock in a transaction dated Wednesday, December 10th. The shares were 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 owned 18,913 shares in the company, valued at approximately $5,258,381.39. This trade represents a 30.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the transaction, the senior vice president owned 49,664 shares in the company, valued at $13,828,444.16. This represents a 16.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 53,544 shares of company stock worth $15,320,417. Corporate insiders own 0.36% of the company’s stock.

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.