PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 57,979 shares of the semiconductor company’s stock, valued at approximately $15,724,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Entrust Financial LLC purchased a new position in Analog Devices in the fourth quarter valued at about $33,000. Albion Financial Group UT grew its stake in Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 36 shares during the last quarter. CBIZ Investment Advisory Services LLC boosted its holdings in Analog Devices by 56.1% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 46 shares in the last quarter. Barnes Dennig Private Wealth Management LLC boosted its holdings in Analog Devices by 61.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 49 shares in the last quarter. Finally, Y.D. More Investments Ltd acquired a new stake in Analog Devices in the third quarter worth about $32,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on ADI shares. Needham & Company LLC raised their price target on Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target for the company in a report on Monday, March 30th. Cantor Fitzgerald raised their price target on Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $430.00 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-six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $432.71.
Insider Buying and Selling
In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the transaction, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This trade represents a 23.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,594 shares of company stock valued at $38,873,292 over the last three months. 0.36% of the stock is currently owned by insiders.
Key Analog Devices News
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: JPMorgan lifted its price target on Analog Devices to $450 from $400 and reiterated an Overweight rating, signaling continued upside expectations after the company’s strong quarterly results. JPMorgan Raises its Price Target on Analog Devices (ADI)
- Positive Sentiment: Recent coverage continues to point to ADI’s strong earnings momentum and growth in revenue, supporting the stock’s recent strength and investor confidence. Analog Devices (ADI) Is Up 4.23% in One Week: What You Should Know
- Neutral Sentiment: ADI was also mentioned in an article grouping it with drone-technology and AI/aerospace names, which may help keep it on investors’ radar but does not represent a direct company-specific catalyst. Buy 4 Drone Technology Stocks to Enhance Your Portfolio Returns
- Negative Sentiment: A senior vice president sold shares worth about $7.35 million, and the insider-selling trend may weigh on sentiment even though the sale appears to be part of routine trading activity. Analog Devices (NASDAQ:ADI) SVP Sells $7,354,292.00 in Stock
Analog Devices Trading Down 6.4%
Shares of NASDAQ:ADI opened at $401.39 on Friday. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $439.70. The stock has a market cap of $195.51 billion, a price-to-earnings ratio of 59.64, a PEG ratio of 1.20 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. The business has a 50-day moving average price of $382.39 and a 200-day moving average price of $328.53.
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping 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 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 business posted $1.85 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.
Analog Devices Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be given 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 (DPR) 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.
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