Daiwa Securities Group Inc. Sells 31,207 Shares of Analog Devices, Inc. $ADI

Daiwa Securities Group Inc. decreased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 17.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 144,866 shares of the semiconductor company’s stock after selling 31,207 shares during the period. Daiwa Securities Group Inc.’s holdings in Analog Devices were worth $39,288,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Y.D. More Investments Ltd bought a new position in shares of Analog Devices in the 3rd quarter valued at $32,000. LFA Lugano Financial Advisors SA increased its stake in shares of Analog Devices by 92.9% in the 3rd 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. Albion Financial Group UT increased its stake in shares of Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 36 shares during the last quarter. Entrust Financial LLC bought a new position in shares of Analog Devices in the 4th quarter valued at $33,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 49 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Truist Financial raised their price objective on Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a report on Wednesday, May 20th. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective on the stock in a report on Monday, March 30th. Robert W. Baird raised their price objective on Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. UBS Group raised their price objective on Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Finally, Wells Fargo & Company raised their price objective on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $432.71.

Analog Devices Stock Down 2.0%

Shares of ADI opened at $428.93 on Friday. The company has a market capitalization of $208.93 billion, a PE ratio of 63.73, a PEG ratio of 1.23 and a beta of 1.18. Analog Devices, Inc. has a 12 month low of $217.02 and a 12 month high of $439.70. The stock’s 50-day moving average price is $380.81 and its two-hundred day moving average price is $328.01. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The firm 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 business’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, analysts anticipate that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at $57,096,149.94. The trade was a 17.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 97,594 shares of company stock worth $38,873,292 over the last three months. 0.36% of the stock is owned by company insiders.

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.