ABN AMRO Bank N.V. Purchases 2,175 Shares of Analog Devices, Inc. $ADI

ABN AMRO Bank N.V. boosted its position in Analog Devices, Inc. (NASDAQ:ADIFree Report) by 13.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,919 shares of the semiconductor company’s stock after purchasing an additional 2,175 shares during the period. ABN AMRO Bank N.V.’s holdings in Analog Devices were worth $5,557,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Banque Transatlantique SA bought a new position in shares of Analog Devices in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of Analog Devices in the fourth quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices during the fourth quarter valued at approximately $27,000. Albion Financial Group UT grew its position in Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 36 shares during the period. Finally, Entrust Financial LLC purchased a new stake in Analog Devices during the fourth quarter valued at approximately $33,000. 86.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ADI shares. Argus set a $460.00 price target on shares of Analog Devices in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price objective on Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Oppenheimer raised their target price on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. TD Cowen lifted their target price on Analog Devices from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Wolfe Research reissued an “outperform” rating and set a $475.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Two investment 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. Based on data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus price target of $434.43.

Check Out Our Latest Analysis on ADI

Analog Devices News Summary

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

Analog Devices Price Performance

Shares of Analog Devices stock opened at $387.14 on Friday. The stock’s 50-day simple moving average is $408.01 and its 200-day simple moving average is $345.52. Analog Devices, Inc. has a 52 week low of $218.37 and a 52 week high of $445.91. The company has a market capitalization of $188.57 billion, a price-to-earnings ratio of 57.52, a PEG ratio of 1.08 and a beta of 1.18. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADIGet Free Report) last released its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share 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 analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same quarter 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. As a group, analysts expect that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

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

Insider Activity at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 1,416 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $398.11, for a total transaction of $563,723.76. Following the transaction, the director owned 118,759 shares of the company’s stock, valued at approximately $47,279,145.49. This represents a 1.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 101,442 shares of company stock worth $40,422,954. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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