Banco Bilbao Vizcaya Argentaria S.A. Boosts Holdings in Analog Devices, Inc. $ADI

Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 3.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 82,598 shares of the semiconductor company’s stock after acquiring an additional 2,917 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Analog Devices were worth $20,292,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Hughes Medical Institute purchased a new position in Analog Devices in the 2nd quarter worth $25,000. Clayton Financial Group LLC purchased a new stake in Analog Devices during the third quarter valued at about $31,000. Y.D. More Investments Ltd purchased a new stake in Analog Devices during the third quarter valued at about $32,000. LFA Lugano Financial Advisors SA grew its stake in shares of Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. bought a new position in shares of Analog Devices during the third quarter valued at about $38,000. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Down 0.4%

Shares of NASDAQ:ADI opened at $306.07 on Monday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $363.20. The company has a market cap of $149.42 billion, a PE ratio of 55.95, a P/E/G ratio of 1.41 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The stock’s 50-day moving average is $320.42 and its 200 day moving average is $275.50.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping the consensus estimate 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%.The business’s revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the business posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Analog Devices’s payout ratio is 80.44%.

Insider Buying and Selling

In related news, SVP Martin Cotter sold 10,000 shares of Analog Devices stock in a transaction on Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the sale, the senior vice president owned 49,664 shares in the company, valued at $13,828,444.16. The trade was a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer directly owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,574 shares of company stock valued at $14,565,113 over the last three months. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $270.00 target price on shares of Analog Devices in a research note on Wednesday, November 26th. Truist Financial raised their price target on Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a research report on Thursday, February 19th. The Goldman Sachs Group lifted their price target on Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Finally, Susquehanna raised their target price on shares of Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Company Profile

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.