12,821 Shares in Analog Devices, Inc. $ADI Bought by Virtu Financial LLC

Virtu Financial LLC bought a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 4th quarter, HoldingsChannel.com reports. The firm bought 12,821 shares of the semiconductor company’s stock, valued at approximately $3,477,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. ING Groep NV increased its stake in shares of Analog Devices by 45.1% in the fourth quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock worth $60,358,000 after purchasing an additional 69,202 shares during the period. Nordea Investment Management AB grew its holdings in Analog Devices by 247.3% in the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock valued at $95,802,000 after buying an additional 249,702 shares during the last quarter. HF Advisory Group LLC increased its position in Analog Devices by 661.6% in the 4th quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock worth $13,477,000 after buying an additional 43,168 shares during the period. Covenant Asset Management LLC bought a new position in Analog Devices in the 4th quarter worth approximately $2,500,000. Finally, Jones Kertz & Associates Inc. bought a new position in Analog Devices in the 4th quarter worth approximately $1,480,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of several research reports. Evercore reissued an “outperform” rating and issued a $474.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Argus set a $460.00 target price on shares of Analog Devices in a research note on Tuesday, May 26th. Finally, Arete Research raised shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target for the company in a report on Monday, March 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $432.71.

Analog Devices Stock Performance

NASDAQ:ADI opened at $434.46 on Friday. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $439.70. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $211.62 billion, a PE ratio of 64.56, a price-to-earnings-growth ratio of 1.16 and a beta of 1.18. The firm has a 50-day moving average price of $399.78 and a 200 day moving average price of $340.00.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s quarterly revenue was up 37.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Research analysts anticipate that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 101,442 shares of company stock worth $40,422,954 in the last quarter. Corporate insiders own 0.36% of the company’s stock.

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.