Danske Bank A S Takes $67.58 Million Position in Analog Devices, Inc. $ADI

Danske Bank A S bought a new position in Analog Devices, Inc. (NASDAQ:ADI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 275,046 shares of the semiconductor company’s stock, valued at approximately $67,579,000. Danske Bank A S owned about 0.06% of Analog Devices as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ADI. Howard Hughes Medical Institute acquired a new stake in shares of Analog Devices in the second quarter worth $25,000. Clayton Financial Group LLC acquired a new position in Analog Devices during the 3rd quarter worth $31,000. Y.D. More Investments Ltd bought a new stake in Analog Devices during the third quarter valued at about $32,000. LFA Lugano Financial Advisors SA grew its position in shares of Analog Devices by 92.9% in the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Analog Devices during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the sale, the chief executive officer owned 155,688 shares in the company, valued at $47,783,760.96. This trade represents a 6.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the transaction, the director owned 123,821 shares in the company, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,449 shares of company stock worth $12,336,069 in the last quarter. 0.36% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Weiss Ratings lowered Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 20th. The Goldman Sachs Group boosted their target price on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Cantor Fitzgerald increased their price target on shares of Analog Devices from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Oppenheimer restated an “outperform” rating and set a $400.00 price objective (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. Finally, Stifel Nicolaus set a $405.00 price objective on Analog Devices and gave the stock a “buy” rating in a report on Wednesday, February 18th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $366.96.

Analog Devices Stock Down 1.6%

Shares of ADI opened at $308.59 on Thursday. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $321.83 and a two-hundred day moving average price of $276.56. The stock has a market cap of $150.65 billion, a price-to-earnings ratio of 56.42, a P/E/G ratio of 1.44 and a beta of 1.00. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $363.20.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were paid a $1.10 dividend. The ex-dividend date was Tuesday, March 3rd. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is presently 80.44%.

About Analog Devices

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.