Bronfman E.L. Rothschild L.P. lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 12.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 5,521 shares of the semiconductor company’s stock after purchasing an additional 595 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Analog Devices were worth $492,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Analog Devices by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,692,851 shares of the semiconductor company’s stock worth $1,429,574,000 after acquiring an additional 213,714 shares during the period. Wells Fargo & Company MN lifted its holdings in Analog Devices by 0.3% during the 3rd quarter. Wells Fargo & Company MN now owns 8,742,697 shares of the semiconductor company’s stock valued at $753,358,000 after purchasing an additional 25,092 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in Analog Devices by 97.4% during the 3rd quarter. Neuberger Berman Group LLC now owns 4,303,569 shares of the semiconductor company’s stock valued at $370,839,000 after purchasing an additional 2,123,268 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in Analog Devices by 13.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 3,654,773 shares of the semiconductor company’s stock valued at $314,932,000 after purchasing an additional 439,675 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Analog Devices by 0.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,084,108 shares of the semiconductor company’s stock valued at $265,757,000 after purchasing an additional 22,001 shares during the last quarter. 85.80% of the stock is owned by institutional investors.

In other news, CEO Vincent Roche sold 100,000 shares of Analog Devices stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $85.17, for a total transaction of $8,517,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ray Stata sold 10,000 shares of Analog Devices stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $90.22, for a total transaction of $902,200.00. The disclosure for this sale can be found here. Insiders sold a total of 186,061 shares of company stock valued at $16,163,741 in the last 90 days. Corporate insiders own 0.70% of the company’s stock.

Shares of Analog Devices, Inc. (NASDAQ:ADI) opened at $84.34 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.13. The firm has a market cap of $31,090.00, a PE ratio of 42.60, a price-to-earnings-growth ratio of 1.55 and a beta of 1.27. Analog Devices, Inc. has a 1 year low of $74.65 and a 1 year high of $98.38.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Tuesday, November 21st. The semiconductor company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.09. The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Analog Devices had a net margin of 14.22% and a return on equity of 18.78%. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.05 EPS. equities research analysts forecast that Analog Devices, Inc. will post 5.2 earnings per share for the current fiscal year.

Several equities analysts recently issued reports on ADI shares. KeyCorp reissued a “buy” rating and set a $107.00 price target on shares of Analog Devices in a report on Friday, November 24th. Jefferies Group reissued a “buy” rating and set a $100.00 price target on shares of Analog Devices in a report on Thursday, October 19th. Stifel Nicolaus cut their price target on shares of Analog Devices from $100.00 to $98.00 and set a “buy” rating for the company in a report on Wednesday, November 22nd. B. Riley lifted their price target on shares of Analog Devices from $110.00 to $113.00 and gave the company a “buy” rating in a report on Wednesday, November 22nd. Finally, Drexel Hamilton reissued a “buy” rating and set a $105.00 price target on shares of Analog Devices in a report on Tuesday, November 21st. Ten equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Analog Devices presently has an average rating of “Buy” and an average price target of $97.21.

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About Analog Devices

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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