Handelsbanken Fonder AB Has $61.92 Million Stake in Analog Devices, Inc. $ADI

Handelsbanken Fonder AB boosted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 8.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,999 shares of the semiconductor company’s stock after buying an additional 19,420 shares during the period. Handelsbanken Fonder AB owned about 0.05% of Analog Devices worth $61,916,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Howard Hughes Medical Institute acquired a new stake in shares of Analog Devices during the 2nd quarter valued at about $25,000. Clayton Financial Group LLC bought a new position in Analog Devices during the third quarter worth about $31,000. Y.D. More Investments Ltd bought a new position in Analog Devices during the third quarter worth about $32,000. LFA Lugano Financial Advisors SA boosted its holdings in 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 purchasing an additional 65 shares in the last quarter. Finally, Valley Wealth Managers Inc. bought a new stake in shares of Analog Devices in the 3rd quarter valued at approximately $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

More Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices reported stronger-than-expected Q1 results, raised Q2 guidance and announced an 11% dividend increase and continued buybacks — reinforcing upside from AI/data-center and industrial demand. This is the primary bullish catalyst supporting the stock’s recent gains. Read More.
• Positive Sentiment: Major research outlets and screeners are highlighting ADI as a top growth name (Zacks coverage, rank upgrades) and noting it hit a 52‑week high, which can attract momentum and institutional interest. Read More. Read More.
• Positive Sentiment: Celebrity/retail influencer visibility: Jim Cramer cited Analog Devices favorably relative to some peers, which can increase retail interest and short-term flows. Read More.
• Neutral Sentiment: Short-interest reports in the feed show anomalous/zero values and NaN changes — the data appears unreliable and should be treated with caution; no clear short-squeeze signal from these entries.
• Neutral Sentiment: Several media pieces recap long-term performance (e.g., what a $1,000 investment would have done) — useful for buy-and-hold investors but unlikely to move near-term price action. Read More.
• Negative Sentiment: Insider selling: CAO Michael Sondel sold 4,199 shares (~$1.5M) and reduced his holding by ~22%, as disclosed in an SEC filing. Large insider sales can create short-term negative perception even when company fundamentals are strong. Read More.

Insider Buying and Selling

In other news, 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 transaction of $150,730.00. Following the completion of the sale, the senior vice president owned 12,710 shares in the company, valued at $3,831,556.60. The trade was a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the completion of the transaction, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 57,743 shares of company stock worth $16,836,340. 0.36% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on ADI shares. Wells Fargo & Company raised their target price on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. JPMorgan Chase & Co. lifted their price objective on Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Evercore restated an “outperform” rating and issued a $387.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Susquehanna increased their target price on shares of Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research report on Thursday, February 19th. Finally, 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. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $366.96.

Analog Devices Stock Performance

Analog Devices stock opened at $354.35 on Friday. The stock has a 50-day simple moving average of $308.85 and a 200 day simple moving average of $268.40. The stock has a market capitalization of $172.99 billion, a price-to-earnings ratio of 64.78, a P/E/G ratio of 1.68 and a beta of 1.03. 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 announced 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. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the firm posted $1.63 earnings per share. 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is 72.39%.

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.