Jefferies Financial Group Inc. Buys Shares of 2,319 Analog Devices, Inc. $ADI

Jefferies Financial Group Inc. purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,319 shares of the semiconductor company’s stock, valued at approximately $921,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in Analog Devices in the 2nd quarter valued at about $79,852,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in Analog Devices in the 2nd quarter valued at about $1,068,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Analog Devices in the 2nd quarter valued at about $2,474,000. Blue Edge Capital LLC acquired a new stake in shares of Analog Devices during the 2nd quarter worth about $251,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Analog Devices during the 2nd quarter worth about $4,030,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of ADI stock opened at $361.78 on Monday. The firm has a market capitalization of $175.31 billion, a price-to-earnings ratio of 42.92, a price-to-earnings-growth ratio of 0.74 and a beta of 1.20. The company has a 50 day moving average price of $382.77 and a 200 day moving average price of $373.30. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.05 EPS. 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 Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 1.2%. Analog Devices’s dividend payout ratio is currently 52.19%.

Insiders Place Their Bets

In other Analog Devices news, 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 of the company’s stock, valued at $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Karen Golz sold 1,000 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $374.50, for a total transaction of $374,500.00. Following the completion of the sale, the director directly owned 10,019 shares of the company’s stock, valued at $3,752,115.50. The trade was a 9.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 48,957 shares of company stock worth $19,268,931. 0.36% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ADI has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Robert W. Baird increased their price target on Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Evercore restated an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Finally, Bank of America lifted their price objective on Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $454.63.

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.