1,442 Analog Devices, Inc. $ADI Shares Acquired by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. boosted its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,306 shares of the semiconductor company’s stock after purchasing an additional 1,442 shares during the period. Confluence Wealth Services Inc.’s holdings in Analog Devices were worth $6,469,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AMG National Trust Bank raised its holdings in shares of Analog Devices by 46.9% in the third quarter. AMG National Trust Bank now owns 2,098 shares of the semiconductor company’s stock worth $832,000 after buying an additional 670 shares during the period. Moneco Advisors LLC boosted its holdings in Analog Devices by 12.2% during the 3rd quarter. Moneco Advisors LLC now owns 2,879 shares of the semiconductor company’s stock valued at $1,142,000 after acquiring an additional 312 shares during the period. Lido Advisors LLC grew its position in Analog Devices by 3.5% in the 3rd quarter. Lido Advisors LLC now owns 173,561 shares of the semiconductor company’s stock valued at $68,854,000 after acquiring an additional 5,932 shares during the last quarter. Keybank National Association OH increased its stake in Analog Devices by 0.6% in the third quarter. Keybank National Association OH now owns 25,924 shares of the semiconductor company’s stock worth $10,284,000 after purchasing an additional 152 shares during the period. Finally, Narwhal Capital Management lifted its position in shares of Analog Devices by 1.5% during the third quarter. Narwhal Capital Management now owns 66,385 shares of the semiconductor company’s stock worth $26,336,000 after purchasing an additional 1,002 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Analyst-focused coverage points to bullish sentiment on ADI, while a separate Zacks article identifies the company as a potential way to invest in continued AI and data-center demand. Analysts Are Bullish on These Technology Stocks AI Boom Isn’t Over
• Positive Sentiment: A roundup highlighting ADI’s long record of positive free cash flow and growing dividends reinforces its appeal to income-oriented investors. This Tech Company Has 29 Years of Positive Free Cash Flow and a Growing Dividend
• Neutral Sentiment: ETF flows were mixed: 47 ETFs added ADI shares in one session, while ETFs were net sellers on Nov. 6. The conflicting signals offer little clear direction on institutional demand. 47 ETFs Add to Analog Devices Holdings ETFs Are Net Sellers of Analog Devices
• Neutral Sentiment: ADI’s CFO is scheduled to speak at the UBS Global Technology and AI Conference on Dec. 1. The event could provide updated commentary, but no new business information was announced. Analog Devices to Participate in the UBS Global Technology and AI Conference
• Negative Sentiment: A director reportedly sold about $577,000 of ADI stock, a modest potential concern for sentiment. Separately, a report describing increased short interest lists the total as zero shares, so it does not indicate meaningful short-selling pressure. Insider Selling: Analog Devices Director Sells Stock

Insider Activity at Analog Devices

In other Analog Devices news, CFO Richard Puccio, Jr. sold 1,500 shares of the company’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total transaction of $584,190.00. Following the completion of the sale, the chief financial officer owned 48,177 shares in the company, valued at $18,763,014.42. This represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the sale, the insider directly owned 40,428 shares in the company, valued at $16,437,216.24. This trade represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 52,436 shares of company stock valued at $20,681,906 over the last 90 days. Insiders own 0.36% of the company’s stock.

Analog Devices Trading Down 0.3%

NASDAQ ADI opened at $393.30 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The company has a market capitalization of $190.58 billion, a price-to-earnings ratio of 46.65, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24. The company’s 50-day simple moving average is $391.81 and its two-hundred day simple moving average is $374.36. Analog Devices, Inc. has a one year low of $224.25 and a one year high of $445.91.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the prior year, the company earned $2.05 EPS. The company’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities analysts forecast that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s payout ratio is 52.19%.

Analysts Set New Price Targets

A number of research analysts have recently commented on ADI shares. Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 price target (up from $400.00) on shares of Analog Devices in a report on Tuesday, September 8th. Arete Research lifted their price objective on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. KeyCorp upped their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, Evercore reduced their target price on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and a consensus price target of $460.55.

About Analog Devices

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.