Danica Pension Livsforsikringsaktieselskab Makes New Investment in Analog Devices, Inc. $ADI

Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 32,121 shares of the semiconductor company’s stock, valued at approximately $10,219,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Banque Transatlantique SA acquired a new stake in Analog Devices during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in Analog Devices in the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in Analog Devices in the 4th quarter valued at $27,000. Evolution Wealth Management Inc. bought a new position in Analog Devices during the 1st quarter worth $30,000. Finally, Albion Financial Group UT increased its position in Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after buying an additional 36 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of a number of recent research reports. KeyCorp boosted their target price on shares of Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Wolfe Research reaffirmed an “outperform” rating and set a $475.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 price objective on shares of Analog Devices in a report on Wednesday, May 20th. Finally, Citigroup increased their target price on shares of Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $441.00.

Insider Activity

In related news, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $389.83, for a total value of $389,830.00. Following the transaction, the director directly owned 11,019 shares of the company’s stock, valued at $4,295,536.77. This trade represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of Analog Devices stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the completion of the transaction, the director directly owned 120,175 shares in the company, valued at $48,169,745.25. This trade represents a 1.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 103,858 shares of company stock valued at $42,062,730 over the last quarter. 0.36% of the stock is owned by corporate insiders.

Analog Devices Stock Performance

ADI opened at $382.81 on Wednesday. The firm has a market cap of $186.46 billion, a P/E ratio of 56.88, a price-to-earnings-growth ratio of 1.04 and a beta of 1.18. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $445.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The business’s fifty day moving average is $404.68 and its 200-day moving average is $359.01.

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

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a $1.10 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s payout ratio is presently 65.38%.

About Analog Devices

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.