Forum Financial Management LP Lowers Stock Holdings in Analog Devices, Inc. $ADI

Forum Financial Management LP reduced its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 75.6% during the 1st quarter, Holdings Channel reports. The firm owned 1,483 shares of the semiconductor company’s stock after selling 4,600 shares during the quarter. Forum Financial Management LP’s holdings in Analog Devices were worth $472,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after acquiring an additional 529 shares during the period. Sivia Capital Partners LLC raised its position in Analog Devices by 36.0% during the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after acquiring an additional 464 shares during the period. Ieq Capital LLC lifted its holdings in Analog Devices by 38.0% during the second quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock valued at $10,610,000 after purchasing an additional 12,276 shares in the last quarter. HUB Investment Partners LLC purchased a new position in Analog Devices during the second quarter valued at $644,000. Finally, Peapack Gladstone Financial Corp grew its position in shares of Analog Devices by 2.4% in the second quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock valued at $14,322,000 after purchasing an additional 1,406 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Karen Golz sold 1,000 shares of the firm’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 sale, the director owned 12,019 shares in the company, valued at $4,951,227.05. This trade represents a 7.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 91,442 shares of company stock valued at $37,241,554. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $397.17 on Wednesday. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The company has a market cap of $193.46 billion, a price-to-earnings ratio of 59.01, a PEG ratio of 1.10 and a beta of 1.18. The business’s 50 day moving average price is $409.28 and its 200 day moving average price is $347.62. 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 (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have recently commented on ADI shares. JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Weiss Ratings lowered shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. KeyCorp lifted their price objective on Analog Devices from $430.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Needham & Company LLC increased their target price on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Robert W. Baird raised their target price on Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $439.79.

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.