Banque Cantonale Vaudoise Sells 11,038 Shares of Analog Devices, Inc. $ADI

Banque Cantonale Vaudoise reduced its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 31.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,421 shares of the semiconductor company’s stock after selling 11,038 shares during the period. Banque Cantonale Vaudoise’s holdings in Analog Devices were worth $7,769,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Apella Capital LLC raised its position in Analog Devices by 32.2% in the first quarter. Apella Capital LLC now owns 2,887 shares of the semiconductor company’s stock worth $918,000 after purchasing an additional 703 shares in the last quarter. Tranquility Partners LLC acquired a new stake in Analog Devices during the first quarter valued at approximately $204,000. CENTRAL TRUST Co grew its stake in shares of Analog Devices by 5.2% in the 1st quarter. CENTRAL TRUST Co now owns 2,616 shares of the semiconductor company’s stock valued at $832,000 after purchasing an additional 130 shares during the period. Cidel Asset Management Inc. grew its stake in shares of Analog Devices by 113.5% in the 1st quarter. Cidel Asset Management Inc. now owns 5,055 shares of the semiconductor company’s stock valued at $1,608,000 after purchasing an additional 2,687 shares during the period. Finally, Amarillo National Bank raised its holdings in shares of Analog Devices by 11.2% in the 1st quarter. Amarillo National Bank now owns 1,723 shares of the semiconductor company’s stock worth $548,000 after buying an additional 173 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Up 1.4%

Shares of ADI opened at $413.16 on Thursday. The company has a market capitalization of $201.25 billion, a P/E ratio of 61.39, a PEG ratio of 1.14 and a beta of 1.18. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The business’s 50 day simple moving average is $405.83 and its 200-day simple moving average is $344.27. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same period last year, the firm posted $1.85 EPS. The business’s revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, sell-side analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms recently commented on ADI. Evercore restated an “outperform” rating and set a $474.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Stifel Nicolaus upped their price target on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday. TD Cowen increased their price objective on Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Robert W. Baird lifted 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. boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $434.43.

Insiders Place Their Bets

In related news, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the transaction, the director owned 120,175 shares in the company, valued at $48,169,745.25. This represents a 1.18% decrease in their position. The sale 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, Director Karen Golz sold 1,000 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $411.95, for a total transaction of $411,950.00. Following the sale, the director directly owned 12,019 shares in the company, valued at approximately $4,951,227.05. This represents a 7.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 101,442 shares of company stock valued at $40,422,954. 0.36% of the stock is owned by corporate insiders.

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.