Capital International Investors Sells 1,136,964 Shares of Analog Devices, Inc. $ADI

Capital International Investors lessened its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 56.4% in the fourth quarter, Holdings Channel reports. The firm owned 877,336 shares of the semiconductor company’s stock after selling 1,136,964 shares during the period. Capital International Investors’ holdings in Analog Devices were worth $237,934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Los Angeles Capital Management LLC grew its stake in Analog Devices by 5.6% in the 4th quarter. Los Angeles Capital Management LLC now owns 723,874 shares of the semiconductor company’s stock valued at $196,315,000 after purchasing an additional 38,138 shares during the period. Nemes Rush Group LLC grew its stake in Analog Devices by 16.6% in the 4th quarter. Nemes Rush Group LLC now owns 1,871 shares of the semiconductor company’s stock valued at $507,000 after purchasing an additional 266 shares during the period. Lowe Brockenbrough & Co. Inc. grew its stake in Analog Devices by 71.6% in the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 2,352 shares of the semiconductor company’s stock valued at $638,000 after purchasing an additional 981 shares during the period. MCF Advisors LLC grew its stake in Analog Devices by 78.7% in the 4th quarter. MCF Advisors LLC now owns 965 shares of the semiconductor company’s stock valued at $262,000 after purchasing an additional 425 shares during the period. Finally, Patron Partners LLC purchased a new position in shares of Analog Devices during the 4th quarter valued at $204,000. Institutional investors own 86.81% of the company’s stock.

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 30,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 17,594 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 97,594 shares of company stock worth $38,873,292 in the last three months. 0.36% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wolfe Research reaffirmed an “outperform” rating and set a $475.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Truist Financial upped their price target on Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a research report on Wednesday, May 20th. KeyCorp upped their price target on Analog Devices from $430.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, Oppenheimer upped their price target on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and an average price target of $432.71.

Analog Devices Stock Performance

Shares of ADI opened at $403.89 on Tuesday. The stock’s 50-day simple moving average is $384.20 and its 200 day simple moving average is $330.44. The stock has a market capitalization of $196.73 billion, a price-to-earnings ratio of 60.01, a price-to-earnings-growth ratio of 1.12 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $439.70.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The business had revenue of $3.62 billion for 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 quarterly revenue was up 37.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Research analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Dividend Announcement

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

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.