SEB Asset Management AB Takes $70.70 Million Position in Analog Devices, Inc. $ADI

SEB Asset Management AB purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 222,223 shares of the semiconductor company’s stock, valued at approximately $70,698,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ADI. Norges Bank bought a new position in shares of Analog Devices in the fourth quarter worth about $2,215,516,000. Bank of America Corp DE lifted its position in shares of Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after purchasing an additional 2,912,666 shares in the last quarter. Amundi grew its stake in shares of Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock valued at $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Analog Devices by 29.2% in the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock valued at $1,186,714,000 after purchasing an additional 1,091,004 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position 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 last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

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

Analog Devices Stock Down 1.4%

NASDAQ:ADI opened at $375.36 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $445.91. The stock’s fifty day simple moving average is $406.43 and its 200-day simple moving average is $356.96. The firm has a market capitalization of $182.83 billion, a P/E ratio of 55.77, a P/E/G ratio of 1.05 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data 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 prior year, the company posted $1.85 earnings per share. The firm’s 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. Equities research analysts expect that Analog Devices, Inc. will post 12.43 earnings per share for the current year.

Analog Devices Announces Dividend

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 $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 65.38%.

Analyst Upgrades and Downgrades

ADI has been the topic of a number of recent research reports. Raymond James Financial reiterated an “outperform” rating and issued a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Wells Fargo & Company boosted their target price on Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Barclays upped their price target on Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and issued a $475.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Finally, Argus set a $460.00 price objective on Analog Devices in a research report on Tuesday, May 26th. Two investment 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $441.00.

More Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: KeyCorp lifted its earnings estimates for Analog Devices across FY2026, FY2027 and several interim quarters, signaling stronger expected demand and profitability ahead. Analog Devices analyst estimate update
• Positive Sentiment: KeyCorp reaffirmed an Overweight rating and a $525 target price, which implies meaningful upside versus the current trading range. Analog Devices analyst rating and target
• Positive Sentiment: Earlier coverage highlighted ADI’s expanding liquidity via a new $3 billion credit line and its planned Empower Semiconductor deal, which could help fund growth in industrial and AI data center markets. ADI credit line and AI power deal article
• Neutral Sentiment: Recent articles comparing ADI with other technology peers suggest the stock’s relative performance is being watched closely, but they do not point to a specific new company event. ADI peer performance article
• Negative Sentiment: ADI recently underperformed the broader market in a session cited by market coverage, reflecting some near-term selling pressure in the stock. ADI declines more than market article

Analog Devices Company 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.