Beacon Investment Advisory Services Inc. Has $44.26 Million Position in Analog Devices, Inc. $ADI

Beacon Investment Advisory Services Inc. lowered its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 13.2% in the second quarter, Holdings Channel.com reports. The firm owned 111,445 shares of the semiconductor company’s stock after selling 17,012 shares during the period. Analog Devices comprises approximately 1.6% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 18th largest position. Beacon Investment Advisory Services Inc.’s holdings in Analog Devices were worth $44,263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ADI. Norges Bank purchased a new stake in Analog Devices in the 4th quarter worth about $2,215,516,000. Bank of America Corp DE grew its stake in Analog Devices by 42.8% during the 4th quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock valued at $2,634,734,000 after acquiring an additional 2,912,666 shares in the last quarter. Amundi grew its stake in Analog Devices by 44.8% during the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock valued at $1,507,740,000 after acquiring an additional 1,922,302 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Analog Devices by 29.2% in the 3rd quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock valued at $1,186,714,000 after purchasing an additional 1,091,004 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Analog Devices by 3,456.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock worth $287,398,000 after purchasing an additional 1,029,927 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Up 3.3%

Analog Devices stock opened at $389.93 on Friday. The company has a market capitalization of $189.93 billion, a P/E ratio of 57.94, a P/E/G ratio of 0.98 and a beta of 1.20. The firm’s fifty day simple moving average is $394.59 and its 200-day simple moving average is $365.96. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $221.15 and a 1-year high of $445.91.

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, topping analysts’ consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. Analog Devices’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 forecast that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is 65.38%.

Key Analog Devices News

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

• Positive Sentiment: Renewed optimism about artificial-intelligence demand is supporting semiconductor stocks, including analog-chip makers such as ADI. Industry sales growth and expectations for continued chip demand are providing a favorable environment for the shares. Semiconductor Sales Continue to Grow on AI Optimism
• Positive Sentiment: Wall Street’s average brokerage recommendation for Analog Devices is equivalent to a Buy. The company’s latest quarter also exceeded expectations, with earnings per share of $3.09 versus the $2.89 consensus and revenue of $3.62 billion versus $3.51 billion. Revenue rose 37.2% year over year, while fiscal third-quarter EPS guidance is $3.15 to $3.45. Analog Devices Is Considered a Good Investment by Brokers
• Neutral Sentiment: Director Ray Stata sold 1,416 ADI shares for approximately $534,000, reducing his direct ownership by 1.22%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, making it a limited signal about management’s current outlook. Analog Devices Director Insider Sale
• Negative Sentiment: CEO Vincent Roche reportedly sold 10,000 shares for $3.63 million, reducing his direct ownership by 6.78%. Although the sale was also made under a 10b5-1 plan and may reflect scheduled diversification rather than weakening confidence, sizeable insider selling could create some investor caution. Analog Devices CEO Insider Sale
• Negative Sentiment: ADI remains richly valued, trading at roughly 58 times earnings based on the provided data. That valuation leaves the stock sensitive to any slowdown in AI-related demand, weaker guidance or disappointment in future earnings growth. Analog Devices Broker Recommendations

Analyst Ratings Changes

ADI has been the subject of several research reports. Evercore restated an “outperform” rating and set a $474.00 price target on shares of Analog Devices in a report on Thursday, May 21st. KeyCorp increased their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Oppenheimer lifted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price target on shares of Analog Devices in a research note on Wednesday, May 20th. Finally, TD Cowen increased their price objective on Analog Devices from $450.00 to $460.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Two 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Insider Buying and Selling

In related news, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. The trade was a 1.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at $23,546,776. The trade was a 23.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 105,274 shares of company stock worth $42,247,986. Insiders own 0.36% of the company’s stock.

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.