UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 33,262 Shares of Analog Devices, Inc. $ADI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 0.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,711,769 shares of the semiconductor company’s stock after selling 33,262 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Analog Devices were worth $1,277,832,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices during the fourth quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Analog Devices during the fourth quarter worth approximately $27,000. Entrust Financial LLC acquired a new position in shares of Analog Devices during the fourth quarter worth approximately $33,000. Albion Financial Group UT lifted its position in shares of Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 36 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its position in shares of Analog Devices by 56.1% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 46 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 1,432 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the transaction, the director directly owned 120,175 shares in the company, valued at $48,169,745.25. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the completion of the transaction, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 100,442 shares of company stock worth $40,011,004 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Analog Devices Trading Up 1.4%

Shares of NASDAQ ADI opened at $417.79 on Friday. The company’s 50 day simple moving average is $391.76 and its 200 day simple moving average is $334.69. Analog Devices, Inc. has a fifty-two week low of $218.37 and a fifty-two week high of $439.70. The firm has a market capitalization of $203.50 billion, a P/E ratio of 62.08, a P/E/G ratio of 1.15 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34.

Analog Devices (NASDAQ:ADIGet Free Report) 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 net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period in the prior year, the business posted $1.85 earnings per share. Analog Devices’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. On average, analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s dividend payout ratio is currently 65.38%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ADI. Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Sanford C. Bernstein reiterated a “market perform” rating and set a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Argus set a $460.00 target price on shares of Analog Devices in a research report on Tuesday, May 26th. Oppenheimer upped their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Finally, Citigroup upped 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 equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $432.71.

Check Out Our Latest Analysis on Analog Devices

Key Analog Devices News

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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.

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

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