2,688 Shares in Analog Devices, Inc. $ADI Purchased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,688 shares of the semiconductor company’s stock, valued at approximately $1,068,000.

Several other institutional investors have also bought and sold shares of ADI. BlackRock Inc. purchased a new stake in Analog Devices in the 2nd quarter worth about $18,610,868,000. State Street Corp raised its position in shares of Analog Devices by 0.4% in the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after purchasing an additional 88,538 shares during the period. Morgan Stanley raised its position in shares of Analog Devices by 1.9% in the fourth quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after purchasing an additional 194,535 shares during the period. Bank of America Corp DE lifted its stake in shares of Analog Devices by 5.2% during the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock valued at $3,250,341,000 after buying an additional 501,604 shares in the last quarter. Finally, Norges Bank bought a new stake in Analog Devices during the 4th quarter valued at $2,215,516,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Down 3.4%

Shares of ADI opened at $361.78 on Friday. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average price is $382.77 and its 200-day moving average price is $372.95. The firm has a market capitalization of $175.31 billion, a price-to-earnings ratio of 42.92, a PEG ratio of 0.76 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the prior year, the firm earned $2.05 earnings per share. The firm’s revenue for the quarter was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s payout ratio is currently 52.19%.

Analysts Set New Price Targets

ADI has been the topic of several analyst reports. Truist Financial upped their price target on Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a research report on Wednesday, May 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Evercore reissued an “outperform” rating and issued a $474.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Bank of America boosted their price target on shares of Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Sanford C. Bernstein raised shares of Analog Devices from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Analog Devices presently has a consensus rating of “Buy” and a consensus price target of $454.63.

Insider Transactions at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $363.00, for a total value of $3,630,000.00. Following the completion of the sale, the chief executive officer owned 137,538 shares in the company, valued at $49,926,294. This represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the transaction, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. This represents a 23.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 48,957 shares of company stock worth $19,268,931. Company insiders own 0.36% of the company’s stock.

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.