Analog Devices, Inc. $ADI Shares Sold by Swiss National Bank

Swiss National Bank trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI) by 4.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,430,475 shares of the semiconductor company’s stock after selling 70,800 shares during the period. Swiss National Bank’s holdings in Analog Devices were worth $351,468,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its stake in Analog Devices by 10.3% during the third quarter. Russell Investments Group Ltd. now owns 416,204 shares of the semiconductor company’s stock worth $102,194,000 after purchasing an additional 39,026 shares in the last quarter. Inceptionr LLC purchased a new stake in shares of Analog Devices in the 3rd quarter valued at $631,000. Dundas Partners LLP lifted its stake in Analog Devices by 4.4% during the 3rd quarter. Dundas Partners LLP now owns 206,749 shares of the semiconductor company’s stock worth $50,798,000 after acquiring an additional 8,779 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Analog Devices by 5.0% during the 3rd quarter. Private Advisor Group LLC now owns 21,477 shares of the semiconductor company’s stock valued at $5,277,000 after acquiring an additional 1,020 shares during the period. Finally, PFG Advisors boosted its holdings in Analog Devices by 8.5% during the 3rd quarter. PFG Advisors now owns 21,727 shares of the semiconductor company’s stock valued at $5,338,000 after acquiring an additional 1,707 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ADI. Cantor Fitzgerald boosted their price target on shares of Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Susquehanna raised their price objective on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research note on Thursday, February 19th. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 20th. Wells Fargo & Company increased their target price on shares of Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Evercore reissued an “outperform” rating and issued a $387.00 price target on shares of Analog Devices 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $366.96.

Insider Activity

In related news, SVP Katsufumi Nakamura sold 500 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares of the company’s stock, valued at $3,831,556.60. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction 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 owned 155,688 shares in the company, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 57,743 shares of company stock valued at $16,836,340. Insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $315.81 on Monday. The business has a 50-day simple moving average of $316.34 and a 200-day simple moving average of $273.34. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20. The company has a market cap of $154.18 billion, a PE ratio of 57.74, a P/E/G ratio of 1.45 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $3.10 billion. During the same quarter last year, the company earned $1.63 earnings per share. The firm’s revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. This is an increase 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 dividend yield of 1.4%. Analog Devices’s dividend payout ratio is presently 80.44%.

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.