Banco Bilbao Vizcaya Argentaria S.A. Purchases 2,917 Shares of Analog Devices, Inc. $ADI

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Analog Devices, Inc. (NASDAQ:ADI) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,598 shares of the semiconductor company’s stock after acquiring an additional 2,917 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Analog Devices were worth $20,292,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bridgefront Capital LLC boosted its holdings in shares of Analog Devices by 110.7% during the 3rd quarter. Bridgefront Capital LLC now owns 7,712 shares of the semiconductor company’s stock valued at $1,895,000 after buying an additional 4,052 shares in the last quarter. Chilton Investment Co. Inc. increased its stake in shares of Analog Devices by 1.7% in the 3rd quarter. Chilton Investment Co. Inc. now owns 21,829 shares of the semiconductor company’s stock worth $5,363,000 after acquiring an additional 374 shares in the last quarter. Bank of Nova Scotia lifted its position in Analog Devices by 8.7% during the 3rd quarter. Bank of Nova Scotia now owns 270,012 shares of the semiconductor company’s stock valued at $66,342,000 after acquiring an additional 21,624 shares during the period. Aristotle Atlantic Partners LLC boosted its stake in Analog Devices by 19.1% during the third quarter. Aristotle Atlantic Partners LLC now owns 195,147 shares of the semiconductor company’s stock worth $47,948,000 after acquiring an additional 31,346 shares in the last quarter. Finally, Creative Planning boosted its stake in Analog Devices by 9.3% during the third quarter. Creative Planning now owns 141,050 shares of the semiconductor company’s stock worth $34,656,000 after acquiring an additional 12,029 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Transactions at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $279.39, for a total value of $873,093.75. Following the completion of the sale, the director directly owned 136,321 shares in the company, valued at approximately $38,086,724.19. This trade represents a 2.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 10,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the transaction, the senior vice president directly owned 49,664 shares of the company’s stock, valued at approximately $13,828,444.16. This trade represents a 16.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,574 shares of company stock valued at $14,565,113. Insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. UBS Group raised their target price on shares of Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Truist Financial boosted their price target on Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a research report on Thursday, February 19th. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Cfra reaffirmed a “buy” rating and set a $280.00 price objective on shares of Analog Devices in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. boosted their target price on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Trading Down 0.4%

Shares of NASDAQ ADI opened at $306.07 on Monday. The firm’s 50 day moving average price is $320.42 and its 200-day moving average price is $275.50. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $363.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The company has a market cap of $149.42 billion, a PE ratio of 55.95, a P/E/G ratio of 1.41 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be paid a $1.10 dividend. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.

Analog Devices 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.