Dimensional Fund Advisors LP Has $578.12 Million Position in Analog Devices, Inc. $ADI

Dimensional Fund Advisors LP lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 11.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,353,037 shares of the semiconductor company’s stock after selling 292,135 shares during the period. Dimensional Fund Advisors LP’s holdings in Analog Devices were worth $578,117,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Analog Devices by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company’s stock valued at $12,380,652,000 after purchasing an additional 162,075 shares in the last quarter. State Street Corp increased its position in Analog Devices by 2.2% during the second quarter. State Street Corp now owns 23,317,256 shares of the semiconductor company’s stock worth $5,549,973,000 after buying an additional 506,507 shares during the last quarter. Geode Capital Management LLC raised its holdings in Analog Devices by 5.7% during the second quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock valued at $2,770,448,000 after buying an additional 633,425 shares in the last quarter. Norges Bank bought a new position in Analog Devices during the second quarter valued at about $1,803,377,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Analog Devices by 6.3% in the second quarter. Ameriprise Financial Inc. now owns 6,326,772 shares of the semiconductor company’s stock worth $1,506,448,000 after buying an additional 375,207 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ADI. Evercore reissued an “outperform” rating and set a $387.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Oppenheimer reissued an “outperform” rating and issued a $400.00 price target (up from $350.00) on shares of Analog Devices in a research report on Thursday, February 19th. Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. KeyCorp raised their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group boosted their target price on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $366.96.

Insider Buying and Selling

In related news, SVP Martin Cotter sold 10,000 shares of the firm’s stock in a transaction 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 transaction, the senior vice president directly owned 49,664 shares of the company’s stock, valued at $13,828,444.16. This trade represents a 16.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the sale, the chief executive officer directly owned 155,688 shares in the company, valued at $47,783,760.96. This trade represents a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 57,743 shares of company stock worth $16,836,340. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Price Performance

NASDAQ:ADI opened at $338.99 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20. The company has a fifty day moving average price of $313.25 and a 200 day moving average price of $271.37. The stock has a market cap of $165.49 billion, a P/E ratio of 61.97, a PEG ratio of 1.62 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the business posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $4.40 annualized dividend and a yield of 1.3%. Analog Devices’s payout ratio is currently 72.39%.

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.