Mizuho Markets Americas LLC decreased its position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 29.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 220,726 shares of the semiconductor company’s stock after selling 94,274 shares during the period. Analog Devices makes up 1.9% of Mizuho Markets Americas LLC’s holdings, making the stock its 14th biggest holding. Mizuho Markets Americas LLC’s holdings in Analog Devices were worth $70,222,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Banque Transatlantique SA bought a new position in shares of Analog Devices in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Analog Devices during the 4th quarter valued at about $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices during the fourth quarter worth approximately $27,000. Evolution Wealth Management Inc. acquired a new stake in Analog Devices during the first quarter worth approximately $30,000. Finally, Albion Financial Group UT increased its holdings in Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 36 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have issued reports on ADI shares. TD Cowen boosted their price target on Analog Devices from $450.00 to $460.00 and gave the company a “buy” rating in a research note on Monday, July 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 price objective on shares of Analog Devices in a research report on Wednesday, May 20th. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective for the company in a research note on Monday, March 30th. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. Finally, Robert W. Baird increased their target price on shares of Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and a consensus price target of $441.00.
Analog Devices Stock Down 1.7%
Analog Devices stock opened at $380.20 on Friday. The firm has a market capitalization of $185.19 billion, a price-to-earnings ratio of 56.49, a price-to-earnings-growth ratio of 1.00 and a beta of 1.18. The firm’s fifty day moving average price is $402.84 and its two-hundred day moving average price is $360.57. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $445.91. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.
Analog Devices (NASDAQ:ADI – Get Free Report) last posted its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the firm posted $1.85 earnings per share. The firm’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.
Insider Buying and Selling
In related news, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the transaction, the director owned 11,019 shares of the company’s stock, valued at $4,295,536.77. The trade was a 8.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction on 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 owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 103,858 shares of company stock valued at $42,062,730. 0.36% of the stock is owned by company insiders.
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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