Fox Run Management L.L.C. Sells 2,495 Shares of Analog Devices, Inc. $ADI

Fox Run Management L.L.C. trimmed its position in Analog Devices, Inc. (NASDAQ:ADI) by 38.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,035 shares of the semiconductor company’s stock after selling 2,495 shares during the quarter. Fox Run Management L.L.C.’s holdings in Analog Devices were worth $1,094,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Analog Devices by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after purchasing an additional 503,970 shares during the last quarter. State Street Corp boosted its position in shares of Analog Devices by 0.4% in the 3rd quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company’s stock worth $5,749,146,000 after purchasing an additional 81,790 shares during the last quarter. Norges Bank bought a new position in shares of Analog Devices in the 4th quarter worth $2,215,516,000. Amundi boosted its position in shares of Analog Devices by 44.8% in the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Analog Devices by 10.1% in the 3rd quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company’s stock worth $1,446,262,000 after purchasing an additional 541,760 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on ADI shares. Oppenheimer raised their price target on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Wells Fargo & Company raised their price target on Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. Barclays raised their price target on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, Evercore restated an “outperform” rating and issued a $474.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average target price of $432.71.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $404.62 on Wednesday. The firm has a market cap of $197.09 billion, a price-to-earnings ratio of 60.12, a price-to-earnings-growth ratio of 1.13 and a beta of 1.18. The stock’s 50-day moving average is $386.15 and its 200-day moving average is $331.66. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $439.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The company had revenue of $3.62 billion for 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 company’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 earnings per share. 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 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

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

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value 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. The trade was a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. This represents a 23.80% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 97,594 shares of company stock worth $38,873,292. 0.36% of the stock is owned by company insiders.

Analog Devices Company 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.