Kepler Cheuvreux Suisse SA Acquires New Position in Analog Devices, Inc. $ADI

Kepler Cheuvreux Suisse SA acquired a new stake in Analog Devices, Inc. (NASDAQ:ADIFree Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,660 shares of the semiconductor company’s stock, valued at approximately $528,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after acquiring an additional 529 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Analog Devices by 36.0% in the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after acquiring an additional 464 shares during the last quarter. Ieq Capital LLC raised its holdings in shares of Analog Devices by 38.0% during the second quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock worth $10,610,000 after acquiring an additional 12,276 shares in the last quarter. HUB Investment Partners LLC acquired a new stake in Analog Devices during the second quarter valued at $644,000. Finally, Peapack Gladstone Financial Corp grew its stake in Analog Devices by 2.4% in the second quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock valued at $14,322,000 after purchasing an additional 1,406 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity

In related news, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This trade represents a 17.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Karen Golz sold 1,000 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $411.95, for a total transaction of $411,950.00. Following the transaction, the director directly owned 12,019 shares of the company’s stock, valued at approximately $4,951,227.05. This represents a 7.68% 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. Over the last 90 days, insiders have sold 91,442 shares of company stock valued at $37,241,554. 0.36% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on ADI shares. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price on the stock in a research report on Monday, March 30th. Cantor Fitzgerald boosted their price target on Analog Devices from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Jefferies Financial Group increased their price objective on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Oppenheimer lifted their target price 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. Finally, Barclays boosted their target price on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $439.79.

Get Our Latest Stock Analysis on ADI

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $377.16 on Monday. The business’s 50-day simple moving average is $409.39 and its 200-day simple moving average is $349.73. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a 52 week low of $218.37 and a 52 week high of $445.91. The firm has a market cap of $183.71 billion, a price-to-earnings ratio of 56.04, a P/E/G ratio of 1.06 and a beta of 1.18.

Analog Devices (NASDAQ:ADIGet Free Report) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter in the prior year, the business earned $1.85 earnings per share. The company’s revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities research analysts expect that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is currently 65.38%.

About Analog Devices

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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