Beacon Investment Advisory Services Inc. Has $37.04 Million Stock Position in Analog Devices, Inc. $ADI

Beacon Investment Advisory Services Inc. lowered its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 4.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 136,572 shares of the semiconductor company’s stock after selling 6,286 shares during the period. Analog Devices comprises 1.5% of Beacon Investment Advisory Services Inc.’s holdings, making the stock its 16th largest holding. Beacon Investment Advisory Services Inc.’s holdings in Analog Devices were worth $37,038,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after purchasing an additional 529 shares during the period. Sivia Capital Partners LLC grew its position in shares of Analog Devices by 36.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after buying an additional 464 shares during the last quarter. CreativeOne Wealth LLC increased its stake in shares of Analog Devices by 7.6% in the second quarter. CreativeOne Wealth LLC now owns 1,106 shares of the semiconductor company’s stock valued at $263,000 after buying an additional 78 shares during the period. J.W. Cole Advisors Inc. increased its stake in shares of Analog Devices by 5.3% in the second quarter. J.W. Cole Advisors Inc. now owns 1,716 shares of the semiconductor company’s stock valued at $408,000 after buying an additional 87 shares during the period. Finally, Mackenzie Financial Corp raised its position in shares of Analog Devices by 41.6% during the second quarter. Mackenzie Financial Corp now owns 351,391 shares of the semiconductor company’s stock worth $83,638,000 after acquiring an additional 103,237 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on ADI shares. Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 18th. Evercore reaffirmed an “outperform” rating and issued a $387.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Susquehanna boosted their target price on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a report on Thursday, February 19th. The Goldman Sachs Group upped their price target on shares of Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. increased their price target on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $366.96.

Insider Activity

In related 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 value of $991,562.50. Following the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. This represents a 2.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated 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 directly owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 41,449 shares of company stock valued at $12,336,069. 0.36% of the stock is currently owned by insiders.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $307.44 on Monday. 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 $158.65 and a 52-week high of $363.20. The business’s 50 day simple moving average is $323.94 and its two-hundred day simple moving average is $280.02. The firm has a market cap of $150.09 billion, a P/E ratio of 56.20, a PEG ratio of 1.41 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the company posted $1.63 earnings per share. The company’s quarterly 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. As a group, research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.4%. Analog Devices’s dividend payout ratio is currently 80.44%.

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.