Farmers National Bank Buys 1,194 Shares of Analog Devices, Inc. $ADI

Farmers National Bank increased its position in Analog Devices, Inc. (NASDAQ:ADI) by 15.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,954 shares of the semiconductor company’s stock after acquiring an additional 1,194 shares during the quarter. Farmers National Bank’s holdings in Analog Devices were worth $2,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. boosted its holdings in Analog Devices by 5.0% during the fourth quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after acquiring an additional 32 shares during the period. Covestor Ltd increased its stake in shares of Analog Devices by 14.1% in the fourth quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 34 shares during the period. Maia Wealth LLC lifted its position in shares of Analog Devices by 2.0% during the 4th quarter. Maia Wealth LLC now owns 1,720 shares of the semiconductor company’s stock worth $466,000 after purchasing an additional 34 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in shares of Analog Devices by 9.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock worth $106,000 after purchasing an additional 35 shares during the last quarter. Finally, Albion Financial Group UT boosted its stake in Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 36 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

In related news, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the sale, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. The trade was a 23.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 101,442 shares of company stock worth $40,422,954 over the last quarter. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

NASDAQ ADI opened at $434.46 on Friday. The stock has a market capitalization of $211.62 billion, a P/E ratio of 64.56, a price-to-earnings-growth ratio of 1.22 and a beta of 1.18. Analog Devices, Inc. has a 52 week low of $218.37 and a 52 week high of $439.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The stock has a fifty day moving average of $401.55 and a 200-day moving average of $340.66.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter in the previous year, the company earned $1.85 earnings per share. The business’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. Analog Devices’s payout ratio is 65.38%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Wells Fargo & Company raised their target price on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Raymond James Financial reiterated an “outperform” rating and set a $430.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Jefferies Financial Group increased their price objective on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Argus set a $460.00 price objective on shares of Analog Devices in a research note on Tuesday, May 26th. Finally, KeyCorp boosted their target price on shares of Analog Devices from $430.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $432.71.

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.