Analog Devices (NASDAQ:ADI) Director Karen Golz Sells 1,000 Shares of Stock

Analog Devices, Inc. (NASDAQ:ADI) Director Karen Golz sold 1,000 shares of the company’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 value of $411,950.00. Following the completion of the transaction, the director directly owned 12,019 shares of the company’s stock, valued at approximately $4,951,227.05. This represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $427.58 on Tuesday. The stock has a fifty day simple moving average of $393.95 and a two-hundred day simple moving average of $336.60. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $439.70. The firm has a market cap of $208.27 billion, a price-to-earnings ratio of 63.53, a price-to-earnings-growth ratio of 1.17 and a beta of 1.18. 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 (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period in the prior year, the company earned $1.85 earnings per share. Analog Devices’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts anticipate that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 2nd. Analog Devices’s dividend payout ratio is 65.38%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Argus set a $460.00 price objective on Analog Devices in a report on Tuesday, May 26th. Wells Fargo & Company increased their price objective on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Morgan Stanley reissued an “overweight” rating and set a $373.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Robert W. Baird increased their price objective on Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. increased their price objective on Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and an average price target of $432.71.

Institutional Investors Weigh In On Analog Devices

Institutional investors and hedge funds have recently made changes to their positions in the business. ING Groep NV raised its holdings in Analog Devices by 45.1% in the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock worth $60,358,000 after acquiring an additional 69,202 shares during the last quarter. Nordea Investment Management AB raised its holdings in Analog Devices by 247.3% in the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock worth $95,802,000 after acquiring an additional 249,702 shares during the last quarter. HF Advisory Group LLC raised its stake in Analog Devices by 661.6% during the 4th quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock valued at $13,477,000 after buying an additional 43,168 shares during the last quarter. Jones Kertz & Associates Inc. purchased a new stake in Analog Devices during the 4th quarter valued at $1,480,000. Finally, Covenant Asset Management LLC purchased a new stake in Analog Devices during the 4th quarter valued at $2,500,000. Hedge funds and other institutional investors own 86.81% 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.