AIA Group Ltd Acquires 7,056 Shares of Analog Devices, Inc. $ADI

AIA Group Ltd raised its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 126.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,647 shares of the semiconductor company’s stock after acquiring an additional 7,056 shares during the period. AIA Group Ltd’s holdings in Analog Devices were worth $3,107,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ADI. Jones Financial Companies Lllp grew its stake in shares of Analog Devices by 12.9% in the third quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock worth $41,907,000 after purchasing an additional 19,383 shares during the last quarter. SG Americas Securities LLC raised its position in Analog Devices by 684.6% during the 3rd quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock worth $211,871,000 after purchasing an additional 752,411 shares during the last quarter. Voya Investment Management LLC raised its position in Analog Devices by 22.3% during the 3rd quarter. Voya Investment Management LLC now owns 1,293,403 shares of the semiconductor company’s stock worth $317,789,000 after purchasing an additional 236,211 shares during the last quarter. AE Wealth Management LLC lifted its holdings in Analog Devices by 26.4% during the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock worth $10,795,000 after buying an additional 9,174 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its position in shares of Analog Devices by 18.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company’s stock valued at $5,094,000 after buying an additional 3,286 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ADI. Evercore reissued an “outperform” rating and issued a $387.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. KeyCorp lifted their price objective on Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Robert W. Baird set a $365.00 target price on Analog Devices in a report on Thursday, February 19th. Wells Fargo & Company increased their target price on shares of Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $366.96.

Insider Activity

In related news, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at $5,321,434.80. The trade was a 22.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the transaction, the director directly 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 SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 41,449 shares of company stock valued at $12,336,069. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Stock Up 0.6%

Shares of Analog Devices stock opened at $310.44 on Friday. The stock’s 50-day moving average is $322.05 and its 200 day moving average is $276.80. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20. The firm has a market cap of $151.56 billion, a price-to-earnings ratio of 56.75, a PEG ratio of 1.42 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.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share 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 the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

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

Analog Devices 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.