Andra AP fonden Raises Stock Position in Analog Devices, Inc. $ADI

Andra AP fonden lifted its position in Analog Devices, Inc. (NASDAQ:ADI) by 94.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,666 shares of the semiconductor company’s stock after acquiring an additional 44,900 shares during the period. Andra AP fonden’s holdings in Analog Devices were worth $29,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Banque Transatlantique SA acquired a new stake in shares of Analog Devices during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in Analog Devices during the fourth quarter worth about $26,000. Gordian Capital Singapore Pte Ltd purchased a new position in Analog Devices during the fourth quarter worth about $27,000. Evolution Wealth Management Inc. acquired a new stake in shares of Analog Devices during the first quarter valued at about $30,000. Finally, Albion Financial Group UT raised its stake in shares of Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity

In other news, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the completion of the sale, the director directly owned 11,019 shares of the company’s stock, valued at $4,295,536.77. This trade represents a 8.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the sale, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 103,858 shares of company stock valued at $42,062,730. Company insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

ADI has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Fundamental Research set a $550.00 price objective on shares of Analog Devices in a research note on Monday, June 29th. Wolfe Research reaffirmed an “outperform” rating and set a $475.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Evercore reissued an “outperform” rating and issued a $474.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Finally, Wells Fargo & Company upped their target price on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Analog Devices Stock Performance

NASDAQ ADI opened at $372.46 on Tuesday. 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, Inc. has a 52-week low of $218.37 and a 52-week high of $445.91. The business’s 50-day moving average price is $405.42 and its 200 day moving average price is $358.22. The firm has a market cap of $181.42 billion, a P/E ratio of 55.34, a P/E/G ratio of 1.05 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last posted 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 company had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm’s revenue for the quarter was up 37.2% on a year-over-year basis. During the same period last year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 12.43 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is currently 65.38%.

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.