Aberdeen Group plc Has $222.02 Million Position in Analog Devices, Inc. $ADI

Aberdeen Group plc cut its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 818,651 shares of the semiconductor company’s stock after selling 26,908 shares during the quarter. Aberdeen Group plc owned 0.17% of Analog Devices worth $222,018,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADI. Brighton Jones LLC raised its position in Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares in the last quarter. Sivia Capital Partners LLC grew its position in Analog Devices by 36.0% in the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after acquiring an additional 464 shares during the period. Beacon Pointe Advisors LLC raised its stake in Analog Devices by 3.0% during the second quarter. Beacon Pointe Advisors LLC now owns 10,533 shares of the semiconductor company’s stock worth $2,507,000 after acquiring an additional 308 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in Analog Devices during the second quarter worth $126,000. Finally, 1832 Asset Management L.P. lifted its holdings in shares of Analog Devices by 208.6% during the second quarter. 1832 Asset Management L.P. now owns 74,725 shares of the semiconductor company’s stock valued at $17,786,000 after acquiring an additional 50,512 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ADI. Jefferies Financial Group restated a “buy” rating and issued a $410.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the company a “buy” rating in a report on Wednesday, February 18th. Truist Financial boosted their price target on shares of Analog Devices from $291.00 to $364.00 and gave the company a “hold” rating in a research report on Thursday, February 19th. UBS Group upped their price objective on shares of Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Finally, KeyCorp raised their price objective on shares of Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $367.81.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction 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 completion of the sale, the director directly owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the sale, the senior vice president owned 12,710 shares of the company’s stock, valued at approximately $3,831,556.60. The trade was a 3.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 31,449 shares of company stock worth $9,585,369 over the last ninety days. 0.36% of the stock is currently owned by insiders.

Analog Devices Stock Performance

Analog Devices stock opened at $318.34 on Friday. The stock has a 50-day simple moving average of $324.96 and a 200 day simple moving average of $281.46. The stock has a market capitalization of $155.41 billion, a price-to-earnings ratio of 58.20, a P/E/G ratio of 1.47 and a beta of 1.05. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. 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 quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the prior year, the firm earned $1.63 EPS. The company’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

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