Jefferies Financial Group Inc. Makes New $921,000 Investment in Analog Devices, Inc. $ADI

Jefferies Financial Group Inc. acquired a new stake in Analog Devices, Inc. (NASDAQ:ADIFree Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 2,319 shares of the semiconductor company’s stock, valued at approximately $921,000.

Several other large investors also recently modified their holdings of the business. Public Employees Retirement System of Ohio purchased a new stake in shares of Analog Devices during the second quarter worth about $79,852,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in Analog Devices in the second quarter valued at about $1,068,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Analog Devices during the 2nd quarter worth approximately $2,474,000. Blue Edge Capital LLC acquired a new position in shares of Analog Devices in the 2nd quarter valued at approximately $251,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of Analog Devices during the 2nd quarter valued at approximately $4,030,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Analog Devices news, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the transaction, the director owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $374.50, for a total transaction of $374,500.00. Following the completion of the sale, the director owned 10,019 shares in the company, valued at $3,752,115.50. The trade was a 9.08% decrease in their position. 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. Insiders sold a total of 48,957 shares of company stock worth $19,268,931 over the last three months. Insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Robert W. Baird increased their price objective on shares of Analog Devices from $450.00 to $675.00 and gave the company 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 research note on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Wells Fargo & Company reduced their price target on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research report on Thursday, August 20th. Finally, Morgan Stanley lifted their price target on shares of Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Two equities 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, Analog Devices has an average rating of “Buy” and a consensus price target of $454.63.

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Analog Devices Price Performance

Shares of ADI opened at $361.78 on Monday. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The stock has a fifty day moving average price of $382.77 and a 200 day moving average price of $373.30. The company has a market cap of $175.31 billion, a P/E ratio of 42.92, a PEG ratio of 0.74 and a beta of 1.20.

Analog Devices (NASDAQ:ADIGet Free Report) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 last year, the business posted $2.05 earnings per share. The firm’s quarterly revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts forecast that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $1.10 dividend. 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 (DPR) is currently 52.19%.

Analog Devices Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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