Bank of Stockton Has $3.37 Million Stock Position in Analog Devices, Inc. $ADI

Bank of Stockton lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 11.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,599 shares of the semiconductor company’s stock after selling 1,358 shares during the quarter. Analog Devices makes up approximately 1.0% of Bank of Stockton’s investment portfolio, making the stock its 19th largest position. Bank of Stockton’s holdings in Analog Devices were worth $3,372,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Meitav Investment House Ltd. acquired a new stake in Analog Devices during the 1st quarter valued at $53,479,000. Resonant Capital Advisors LLC increased its holdings in shares of Analog Devices by 1.5% in the first quarter. Resonant Capital Advisors LLC now owns 21,378 shares of the semiconductor company’s stock valued at $6,801,000 after purchasing an additional 319 shares during the last quarter. Kiley Juergens Wealth Management LLC bought a new position in shares of Analog Devices in the first quarter valued at about $236,000. PUREfi Wealth LLC lifted its stake in shares of Analog Devices by 84.1% during the 1st quarter. PUREfi Wealth LLC now owns 2,462 shares of the semiconductor company’s stock worth $783,000 after buying an additional 1,125 shares during the last quarter. Finally, Kathmere Capital Management LLC lifted its stake in shares of Analog Devices by 247.3% during the 1st quarter. Kathmere Capital Management LLC now owns 3,838 shares of the semiconductor company’s stock worth $1,221,000 after buying an additional 2,733 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Key Headlines Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices completed its acquisition of Empower Semiconductor, strengthening its AI power portfolio and expanding its addressable market. Analog Devices Completes Acquisition of Empower Semiconductor
• Positive Sentiment: Recent analyst commentary remains constructive, with price-target increases tied to accelerating AI chip demand and ADI’s growth outlook. Analog Devices (ADI) Wins Higher Price Target as AI Chip Boom Accelerates
• Neutral Sentiment: ADI has been trading with the broader semiconductor group, so sector sentiment is influencing the stock as chip names rebound and retrace. Entegris and Analog Devices Shares Skyrocket, What You Need To Know
• Negative Sentiment: CEO Vincent Roche sold 10,000 shares, which may create some short-term investor caution despite the planned nature of the trade. Vincent Roche insider trade

Analyst Upgrades and Downgrades

ADI has been the topic of a number of research reports. Wolfe Research reiterated an “outperform” rating and issued a $475.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Wells Fargo & Company boosted their price objective on Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price on the stock in a research report on Monday, March 30th. Raymond James Financial reiterated an “outperform” rating and set a $430.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Bank of America lifted their price target on Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and an average price target of $439.79.

Analog Devices Stock Performance

ADI opened at $379.03 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $445.91. The firm has a market cap of $184.62 billion, a P/E ratio of 56.32, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18. The business’s fifty day moving average is $408.68 and its 200-day moving average is $351.27.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business’s revenue for the quarter was up 37.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Insider Activity

In other Analog Devices news, Director Karen Golz sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $411.95, for a total transaction of $411,950.00. Following the completion of the transaction, the director directly owned 12,019 shares in the company, valued at $4,951,227.05. The trade was a 7.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the sale, the director owned 120,175 shares of the company’s stock, valued at $48,169,745.25. The trade was a 1.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 101,442 shares of company stock valued at $41,139,054. 0.36% of the stock is owned by insiders.

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.