Analog Devices, Inc. $ADI Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 2.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,151,167 shares of the semiconductor company’s stock after buying an additional 23,896 shares during the period. Janus Henderson Group PLC’s holdings in Analog Devices were worth $366,222,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Banque Transatlantique SA acquired a new stake in Analog Devices in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Analog Devices in the first quarter valued at $30,000. Hilton Head Capital Partners LLC purchased a new position in shares of Analog Devices in the fourth quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices during the 4th quarter valued at $27,000. Finally, Entrust Financial LLC purchased a new stake in Analog Devices during the 4th quarter worth $33,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ADI. Argus set a $460.00 price objective on shares of Analog Devices in a research report on Tuesday, May 26th. Raymond James Financial reiterated an “outperform” rating and issued a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Evercore restated an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Stifel Nicolaus lifted their price objective on Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Barclays increased their target price on Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Two 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $441.00.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the stock in a transaction 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 sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ray Stata sold 1,416 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $377.01, for a total transaction of $533,846.16. Following the completion of the transaction, the director owned 117,343 shares in the company, valued at approximately $44,239,484.43. The trade was a 1.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 93,858 shares of company stock valued at $38,083,630. 0.36% of the stock is currently owned by insiders.

Analog Devices Stock Up 3.8%

NASDAQ:ADI opened at $366.67 on Friday. The company has a market capitalization of $178.60 billion, a price-to-earnings ratio of 54.48, a price-to-earnings-growth ratio of 0.92 and a beta of 1.18. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The stock has a 50-day simple moving average of $398.78 and a 200 day simple moving average of $363.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period in the previous year, the company earned $1.85 earnings per share. Analog Devices’s quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is currently 65.38%.

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.