Analog Devices, Inc. $ADI Shares Purchased by Johnson Financial Group Inc.

Johnson Financial Group Inc. boosted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 106.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 4,815 shares of the semiconductor company’s stock after purchasing an additional 2,487 shares during the period. Johnson Financial Group Inc.’s holdings in Analog Devices were worth $1,532,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Banque Transatlantique SA purchased a new stake in Analog Devices during the 4th quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Analog Devices in the 1st quarter valued at approximately $30,000. Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $27,000. Finally, Entrust Financial LLC purchased a new stake in shares of Analog Devices during the fourth quarter worth approximately $33,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Trading Up 2.8%

Shares of ADI stock opened at $382.81 on Wednesday. The business’s fifty day moving average price is $404.68 and its 200 day moving average price is $359.01. The firm has a market capitalization of $186.46 billion, a PE ratio of 56.88, a P/E/G ratio of 1.04 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, Inc. has a 1-year low of $218.37 and a 1-year high of $445.91.

Analog Devices (NASDAQ:ADI) last announced 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 net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter last year, the business earned $1.85 earnings per share. The business’s revenue for the quarter 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. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is 65.38%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ADI shares. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target for the company in a report on Monday, March 30th. Oppenheimer boosted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Jefferies Financial Group upped their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. KeyCorp raised their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, 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 report on Thursday, May 21st. Two equities research 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $441.00.

Insider Activity

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the sale, the director owned 11,019 shares of the company’s stock, valued at approximately $4,295,536.77. This trade represents a 8.32% decrease in their ownership of the stock. 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 have sold a total of 103,858 shares of company stock valued at $42,062,730 in the last 90 days. Company insiders own 0.36% of the company’s stock.

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.