Entelevest LLC Takes Position in Analog Devices, Inc. $ADI

Entelevest LLC acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,284 shares of the semiconductor company’s stock, valued at approximately $348,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Analog Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock valued at $13,802,256,000 after purchasing an additional 503,970 shares during the period. State Street Corp lifted its position in Analog Devices by 0.4% during the third quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company’s stock valued at $5,749,146,000 after purchasing an additional 81,790 shares during the period. Norges Bank bought a new position in Analog Devices during the fourth quarter valued at approximately $2,215,516,000. Amundi lifted its position in Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock valued at $1,507,740,000 after purchasing an additional 1,922,302 shares during the period. Finally, Van ECK Associates Corp increased its position in Analog Devices by 10.1% during the third quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company’s stock valued at $1,446,262,000 after acquiring an additional 541,760 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of ADI opened at $392.67 on Thursday. 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 simple moving average of $387.94 and a two-hundred day simple moving average of $332.84. The stock has a market cap of $191.27 billion, a price-to-earnings ratio of 58.35, a PEG ratio of 1.13 and a beta of 1.18. 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 results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The business 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 business’s quarterly revenue was up 37.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The business 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 $1.10 dividend. The ex-dividend date 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 presently 65.38%.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the company’s 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 completion of the sale, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of the company’s 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 completion of 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 position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 97,594 shares of company stock valued at $38,873,292. Company insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the topic of a number of recent research reports. Wells Fargo & Company increased their target price on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Jefferies Financial Group increased their target price on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Argus set a $460.00 target price on Analog Devices in a report on Tuesday, May 26th. Susquehanna increased their target price on Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a report on Thursday, February 19th. Finally, Truist Financial increased their target price on Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $432.71.

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.