Mufg Securities Americas Inc. boosted its position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 21.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,382 shares of the semiconductor company’s stock after acquiring an additional 2,390 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Analog Devices were worth $3,288,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quent Capital LLC boosted its stake in shares of Analog Devices by 2.4% in the third quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock valued at $445,000 after purchasing an additional 42 shares during the period. Carson Advisory Inc. increased its stake in Analog Devices by 3.1% during the 3rd quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock worth $354,000 after buying an additional 43 shares during the period. Sivia Capital Partners LLC lifted its holdings in Analog Devices by 2.5% during the 3rd quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock worth $441,000 after buying an additional 44 shares in the last quarter. Klingman & Associates LLC boosted its position in Analog Devices by 3.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock valued at $313,000 after buying an additional 45 shares during the period. Finally, Solstein Capital LLC boosted its position in Analog Devices by 2.0% in the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock valued at $549,000 after buying an additional 46 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
ADI has been the topic of a number of recent research reports. UBS Group upped their price objective on Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday. TD Cowen reissued a “buy” rating on shares of Analog Devices in a research note on Thursday. Evercore restated an “outperform” rating and set a $387.00 price target on shares of Analog Devices in a report on Thursday. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 price target (up previously from $350.00) on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Benchmark boosted their price objective on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.
Analog Devices Stock Up 0.0%
ADI stock opened at $355.15 on Tuesday. The stock has a market cap of $173.38 billion, a P/E ratio of 64.93, a PEG ratio of 1.68 and a beta of 1.03. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $358.00. The company’s 50 day moving average is $303.91 and its two-hundred day moving average is $266.21.
Analog Devices (NASDAQ:ADI – Get Free Report) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same period last year, the firm posted $1.63 EPS. The company’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.
Analog Devices Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 3rd. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is presently 72.39%.
Insider Transactions at Analog Devices
In other Analog Devices news, SVP Martin Cotter sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the sale, the senior vice president owned 49,664 shares in the company, valued at approximately $13,828,444.16. The trade was a 16.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the completion of the sale, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 53,544 shares of company stock worth $15,320,417. Insiders own 0.36% of the company’s stock.
Analog Devices 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.
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