Analog Devices, Inc. $ADI Shares Sold by Deutsche Bank AG

Deutsche Bank AG decreased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 13.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,966,200 shares of the semiconductor company’s stock after selling 296,285 shares during the quarter. Deutsche Bank AG’s holdings in Analog Devices were worth $533,233,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ADI. Norges Bank acquired a new position in Analog Devices in the 4th quarter worth about $2,215,516,000. Amundi raised its holdings in Analog Devices by 44.8% in the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares during the period. Raymond James Financial Inc. raised its holdings in Analog Devices by 29.2% in the 3rd quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock worth $1,186,714,000 after purchasing an additional 1,091,004 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Analog Devices by 3,456.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock worth $287,398,000 after purchasing an additional 1,029,927 shares during the period. Finally, Rafferty Asset Management LLC raised its holdings in Analog Devices by 47.5% in the 2nd quarter. Rafferty Asset Management LLC now owns 1,802,338 shares of the semiconductor company’s stock worth $428,992,000 after purchasing an additional 580,546 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ADI. Sanford C. Bernstein reiterated a “market perform” rating and issued a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Stifel Nicolaus lifted their target price on shares of Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Needham & Company LLC lifted their target price on shares of Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Cantor Fitzgerald lifted their target price on shares of Analog Devices from $400.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 target price on shares of Analog Devices in a research report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $432.71.

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was 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 in the company, valued at $23,546,776. The trade was a 23.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 97,594 shares of company stock worth $38,873,292. Insiders own 0.36% of the company’s stock.

Analog Devices Stock Down 3.0%

NASDAQ ADI opened at $392.67 on Thursday. The business has a fifty day moving average price of $387.94 and a 200 day moving average price of $332.84. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $439.70. 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 company has a market cap of $191.27 billion, a P/E ratio of 58.35, a P/E/G ratio of 1.13 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 EPS 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 the consensus estimate of $3.51 billion. During the same period in the prior year, the company earned $1.85 EPS. The firm’s revenue 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. Research analysts anticipate that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s payout ratio is currently 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.