2,258 Shares in Analog Devices, Inc. $ADI Bought by Oslo Pensjonsforsikring AS

Oslo Pensjonsforsikring AS purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,258 shares of the semiconductor company’s stock, valued at approximately $718,000.

A number of other institutional investors also recently bought and sold shares of the business. Baader Bank Aktiengesellschaft raised its position in shares of Analog Devices by 25.9% during the 1st quarter. Baader Bank Aktiengesellschaft now owns 4,656 shares of the semiconductor company’s stock worth $1,373,000 after acquiring an additional 958 shares in the last quarter. Andra AP fonden boosted its holdings in Analog Devices by 94.0% in the first quarter. Andra AP fonden now owns 92,666 shares of the semiconductor company’s stock valued at $29,481,000 after purchasing an additional 44,900 shares in the last quarter. Wilkerson Advisory Group LLC increased its stake in Analog Devices by 1,573.3% in the first quarter. Wilkerson Advisory Group LLC now owns 753 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 708 shares during the last quarter. Summit Global Investments increased its stake in Analog Devices by 3.5% in the first quarter. Summit Global Investments now owns 2,028 shares of the semiconductor company’s stock valued at $645,000 after purchasing an additional 69 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in Analog Devices during the first quarter worth approximately $91,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 103,858 shares of company stock valued at $42,062,730. Company insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $382.81 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $445.91. The stock has a 50 day moving average of $404.68 and a two-hundred day moving average of $359.01. The stock has a market cap of $186.46 billion, a P/E ratio of 56.88, a P/E/G ratio of 1.04 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 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s revenue was up 37.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts forecast that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Cantor Fitzgerald boosted their price objective on shares of Analog Devices from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Citigroup increased their target price on shares of Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Fundamental Research set a $550.00 price target on shares of Analog Devices in a research note on Monday, June 29th. Argus set a $460.00 price target on shares of Analog Devices in a research report on Tuesday, May 26th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $430.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $441.00.

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.