Tredje AP fonden Raises Stake in Analog Devices, Inc. $ADI

Tredje AP fonden increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 56.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 334,874 shares of the semiconductor company’s stock after acquiring an additional 120,354 shares during the quarter. Tredje AP fonden’s holdings in Analog Devices were worth $79,707,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Activest Wealth Management boosted its holdings in shares of Analog Devices by 6,350.0% during the first 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 last quarter. RMG Wealth Management LLC acquired a new stake in shares of Analog Devices during the second quarter worth $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Analog Devices during the first quarter worth $33,000. North Capital Inc. acquired a new stake in shares of Analog Devices during the first quarter worth $36,000. Finally, Saudi Central Bank acquired a new stake in Analog Devices in the 1st quarter worth about $39,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ADI. Evercore ISI raised their price target on Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. raised their target price on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. Morgan Stanley raised their target price on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Barclays lifted their price target on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

Analog Devices Trading Up 0.5%

Shares of ADI stock opened at $234.13 on Friday. The stock has a market cap 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. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The firm’s 50 day moving average price is $243.92 and its two-hundred day moving average price is $230.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share 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%. Analog Devices’s revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. 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 payout ratio is presently 101.02%.

Insider Activity at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the transaction, the director owned 155,071 shares in the company, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the transaction, the director owned 5,118 shares in the company, valued at approximately $1,242,343.32. This represents a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,115 shares of company stock valued at $12,232,985 over the last 90 days. 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.