Analog Devices, Inc. $ADI Shares Bought by Tredje AP fonden

Tredje AP fonden raised its position in Analog Devices, Inc. (NASDAQ:ADI) by 56.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 334,874 shares of the semiconductor company’s stock after buying an additional 120,354 shares during the quarter. Tredje AP fonden owned about 0.07% of Analog Devices worth $79,707,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. RMG Wealth Management LLC acquired a new position in shares of Analog Devices during the second quarter worth about $26,000. Activest Wealth Management increased its position in Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 127 shares during the period. N.E.W. Advisory Services LLC acquired a new position in Analog Devices during the 1st quarter worth approximately $33,000. North Capital Inc. acquired a new position in Analog Devices during the 1st quarter worth approximately $36,000. Finally, Saudi Central Bank acquired a new position in Analog Devices during the 1st quarter worth approximately $39,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Up 0.5%

Analog Devices stock opened at $234.13 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The firm has a market capitalization of $115.18 billion, a price-to-earnings ratio of 59.73, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The stock’s fifty day moving average is $243.92 and its two-hundred day moving average is $230.13.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.99 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. Analog Devices’s dividend payout ratio is currently 101.02%.

Wall Street Analyst Weigh In

ADI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Truist Financial upped their price target on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research note on Thursday, August 21st. Barclays upped their price target on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Stifel Nicolaus upped their price target on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, Citigroup restated a “buy” rating and set a $290.00 target price (up from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and an average target price of $275.29.

Insiders Place Their Bets

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the sale, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director owned 155,071 shares in the company, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 49,115 shares of company stock valued at $12,232,985. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Company Profile

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.