Analog Devices, Inc. $ADI Stock Holdings Lifted by Van Diest Capital LLC

Van Diest Capital LLC grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 247.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,884 shares of the semiconductor company’s stock after acquiring an additional 2,055 shares during the period. Van Diest Capital LLC’s holdings in Analog Devices were worth $918,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Analog Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after purchasing an additional 503,970 shares during the period. State Street Corp boosted its position in shares of Analog Devices by 0.4% in the 4th quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after purchasing an additional 88,538 shares during the period. Morgan Stanley increased its stake in Analog Devices by 1.9% in the 4th quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock worth $2,834,210,000 after purchasing an additional 194,535 shares in the last quarter. Bank of America Corp DE raised its holdings 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 valued at $2,634,734,000 after acquiring an additional 2,912,666 shares during the period. Finally, Norges Bank acquired a new stake in Analog Devices during the 4th quarter valued at $2,215,516,000. 86.81% of the stock is owned by institutional investors.

Insider Buying and Selling at Analog Devices

In other 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 value of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This trade represents a 23.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the sale, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 103,858 shares of company stock valued at $42,062,730. 0.36% of the stock is currently owned by company insiders.

Analog Devices Trading Down 2.2%

Shares of ADI opened at $371.86 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The stock has a market cap of $181.13 billion, a PE ratio of 55.25, a PEG ratio of 0.96 and a beta of 1.18. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91. The stock has a 50 day simple moving average of $401.93 and a 200-day simple moving average of $360.65.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced 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. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s dividend payout ratio is presently 65.38%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ADI shares. Fundamental Research set a $550.00 target price on Analog Devices in a report on Monday, June 29th. Oppenheimer raised their target price on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Needham & Company LLC boosted their price objective on shares of Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Finally, KeyCorp lifted their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Analog Devices 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.