BFI Infinity Ltd. Buys 11,820 Shares of Analog Devices, Inc. $ADI

BFI Infinity Ltd. purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,820 shares of the semiconductor company’s stock, valued at approximately $4,689,000. Analog Devices makes up about 2.2% of BFI Infinity Ltd.’s portfolio, making the stock its 14th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in ADI. Banque Transatlantique SA bought a new stake in shares of Analog Devices in the 4th quarter valued at about $25,000. Contravisory Investment Management Inc. bought a new position in Analog Devices during the second quarter worth about $25,000. Manning & Napier Advisors LLC bought a new position in Analog Devices during the second quarter worth about $25,000. Nvwm LLC increased its position in Analog Devices by 590.0% during the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock worth $27,000 after buying an additional 59 shares during the last quarter. Finally, Evolution Wealth Management Inc. acquired a new position in Analog Devices during the first quarter worth approximately $30,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Trading Up 0.1%

Shares of ADI stock opened at $403.95 on Friday. The firm has a 50 day moving average price of $382.64 and a two-hundred day moving average price of $386.46. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $195.74 billion, a PE ratio of 47.92, a price-to-earnings-growth ratio of 1.25 and a beta of 1.22. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The firm’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, analysts predict that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, September 1st. 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 currently 52.19%.

Insider Activity at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the transaction, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at approximately $45,830,692.40. This trade represents a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the firm’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the transaction, the insider directly owned 40,428 shares in the company, valued at approximately $16,437,216.24. This represents a 7.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 50,936 shares of company stock valued at $19,430,764. 0.36% of the stock is currently owned by insiders.

Analyst Ratings Changes

ADI has been the subject of a number of recent analyst reports. Fundamental Research set a $550.00 price objective on Analog Devices in a research report on Monday, June 29th. TD Cowen reissued a “buy” rating and set a $460.00 target price (up from $450.00) on shares of Analog Devices in a report on Tuesday, September 8th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. BMO Capital Markets initiated coverage on Analog Devices in a research note on Thursday, August 20th. They issued an “outperform” rating and a $430.00 price target on the stock. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $480.00 price target (up from $450.00) on shares of Analog Devices in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $460.09.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.