Berry Wealth Group LP Has $255,000 Holdings in Analog Devices, Inc. $ADI

Berry Wealth Group LP trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 90.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,039 shares of the semiconductor company’s stock after selling 9,333 shares during the period. Analog Devices accounts for approximately 0.8% of Berry Wealth Group LP’s holdings, making the stock its 27th largest holding. Berry Wealth Group LP’s holdings in Analog Devices were worth $255,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LOM Asset Management Ltd increased its stake in shares of Analog Devices by 3.4% in the third quarter. LOM Asset Management Ltd now owns 22,997 shares of the semiconductor company’s stock valued at $5,650,000 after buying an additional 760 shares in the last quarter. Snyder Capital Management L P grew its holdings in Analog Devices by 57.2% during the 3rd quarter. Snyder Capital Management L P now owns 338,424 shares of the semiconductor company’s stock worth $83,151,000 after acquiring an additional 123,094 shares during the last quarter. Tower Bridge Advisors grew its holdings in Analog Devices by 0.5% during the 3rd quarter. Tower Bridge Advisors now owns 20,619 shares of the semiconductor company’s stock worth $5,066,000 after acquiring an additional 105 shares during the last quarter. IFG Advisory LLC increased its position in Analog Devices by 9.1% in the 3rd quarter. IFG Advisory LLC now owns 15,702 shares of the semiconductor company’s stock valued at $3,858,000 after acquiring an additional 1,316 shares in the last quarter. Finally, Cambria Investment Management L.P. raised its stake in shares of Analog Devices by 3.1% in the third quarter. Cambria Investment Management L.P. now owns 1,836 shares of the semiconductor company’s stock worth $451,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the sale, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the sale, the chief accounting officer owned 14,740 shares in the company, valued at $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 57,743 shares of company stock valued at $16,836,340. 0.36% of the stock is owned by company insiders.

Analog Devices Stock Down 3.5%

Shares of NASDAQ ADI opened at $329.72 on Friday. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $363.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The stock has a market cap of $160.97 billion, a P/E ratio of 60.28, a P/E/G ratio of 1.57 and a beta of 1.00. The firm has a 50 day moving average price of $315.56 and a 200 day moving average price of $272.26.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share 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 company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the business posted $1.63 earnings per share. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current 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 paid a $1.10 dividend. 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. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Analog Devices’s payout ratio is presently 80.44%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Morgan Stanley reissued an “overweight” rating and set a $373.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Sanford C. Bernstein reissued a “market perform” rating and issued a $270.00 target price on shares of Analog Devices in a research note on Wednesday, November 26th. Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Finally, Cfra reiterated a “buy” rating and issued a $280.00 price target on shares of Analog Devices in a report on Tuesday, November 25th. 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $366.96.

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.