Analog Devices, Inc. $ADI Stake Raised by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 285,384 shares of the semiconductor company’s stock after acquiring an additional 2,995 shares during the quarter. Eurizon Capital SGR S.p.A. owned about 0.06% of Analog Devices worth $113,248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PBU The Pension Fund of Early Childhood & Youth Educators lifted its stake in Analog Devices by 6.9% during the third quarter. PBU The Pension Fund of Early Childhood & Youth Educators now owns 80,274 shares of the semiconductor company’s stock valued at $31,845,000 after purchasing an additional 5,197 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. boosted its holdings in Analog Devices by 82.2% during the third quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 490 shares of the semiconductor company’s stock worth $194,000 after buying an additional 221 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in Analog Devices by 1.4% during the third quarter. CENTRAL TRUST Co now owns 3,522 shares of the semiconductor company’s stock worth $1,397,000 after buying an additional 50 shares in the last quarter. Endeavor Private Wealth Inc. grew its position in Analog Devices by 5.5% in the third quarter. Endeavor Private Wealth Inc. now owns 1,529 shares of the semiconductor company’s stock worth $607,000 after buying an additional 80 shares during the last quarter. Finally, Maryland State Retirement & Pension System grew its position in Analog Devices by 15.1% in the third quarter. Maryland State Retirement & Pension System now owns 30,052 shares of the semiconductor company’s stock worth $11,922,000 after buying an additional 3,943 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Morgan Stanley upped their price target on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Evercore reduced their price objective on Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. Wells Fargo & Company decreased their target price on Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a report on Thursday, August 20th. Finally, Robert W. Baird boosted their target price on Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $460.55.

Insiders Place Their Bets

In other news, insider Vivek Jain sold 3,305 shares of the stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares in the company, valued at $16,437,216.24. This represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the sale, the chief executive officer owned 115,460 shares of the company’s stock, valued at $45,830,692.40. The trade was a 7.97% decrease in their position. 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. In the last three months, insiders have sold 52,436 shares of company stock worth $20,681,906. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

ADI stock opened at $409.29 on Friday. Analog Devices, Inc. has a one year low of $224.25 and a one year high of $445.91. The firm has a 50-day moving average of $393.97 and a two-hundred day moving average of $375.40. The firm has a market capitalization of $198.33 billion, a PE ratio of 48.55, a P/E/G ratio of 0.99 and a beta of 1.24. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same period last year, the firm posted $2.05 earnings per share. The firm’s quarterly revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts forecast that Analog Devices, Inc. will post 12.88 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is currently 52.19%.

Analog Devices Profile

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.