Analog Devices, Inc. $ADI Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Analog Devices, Inc. (NASDAQ:ADI) by 19.0% during the 4th quarter, Holdings Channel reports. The fund owned 31,300 shares of the semiconductor company’s stock after acquiring an additional 5,000 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Analog Devices were worth $8,489,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Win Advisors Inc. purchased a new position in Analog Devices in the fourth quarter valued at approximately $892,000. Washington Trust Bank increased its stake in Analog Devices by 1.4% in the fourth quarter. Washington Trust Bank now owns 2,596 shares of the semiconductor company’s stock valued at $704,000 after purchasing an additional 37 shares during the last quarter. Bailard Inc. purchased a new position in Analog Devices in the fourth quarter valued at approximately $204,000. KLCM Advisors Inc. increased its stake in Analog Devices by 17.3% in the fourth quarter. KLCM Advisors Inc. now owns 2,558 shares of the semiconductor company’s stock valued at $694,000 after purchasing an additional 377 shares during the last quarter. Finally, AG2R LA Mondiale Gestion D Actifs increased its stake in Analog Devices by 6.2% in the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 19,783 shares of the semiconductor company’s stock valued at $5,365,000 after purchasing an additional 1,163 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analog Devices Stock Performance

Shares of ADI opened at $432.39 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The firm has a market cap of $211.09 billion, a PE ratio of 79.05, a price-to-earnings-growth ratio of 1.69 and a beta of 1.19. The company’s 50 day simple moving average is $350.16 and its 200-day simple moving average is $307.92. Analog Devices, Inc. has a 12-month low of $206.00 and a 12-month high of $435.72.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period last year, the firm posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities analysts predict that Analog Devices, Inc. will post 11.35 EPS for the current 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 dividend of $1.10 per share. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices’s dividend payout ratio is 80.44%.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Analog Devices to $510 from $400 and reiterated an overweight rating, signaling Wall Street sees more upside from current levels.
• Positive Sentiment: Analyst coverage remains broadly constructive, with reports noting that Wall Street maintains a strongly optimistic outlook on ADI after its strong outperformance versus the broader market.
• Positive Sentiment: Semiconductor stocks are broadly surging, and ADI is being highlighted as part of the rally in non-AI chip names, suggesting sector strength is also supporting the shares. Semiconductor Stocks Are Booming and It’s Not Just AI
• Neutral Sentiment: Recent articles focused on valuation and performance trends, noting ADI’s strong 30-day and 90-day gains, which may keep investor attention high but do not by themselves change fundamentals. Assessing Analog Devices (ADI) Valuation After Strong Recent Share Price Momentum
• Neutral Sentiment: Broader market headlines point to hotter-than-expected producer prices and mixed index performance, but these appear more relevant to the overall trading backdrop than to a company-specific catalyst.

Insider Buying and Selling at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction 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. This trade represents a 22.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the sale, the chief executive officer directly owned 187,538 shares of the company’s stock, valued at approximately $74,623,245.58. This represents a 5.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 24,199 shares of company stock valued at $8,676,423. Corporate insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

ADI has been the topic of several recent analyst reports. Piper Sandler increased their price target on shares of Analog Devices from $250.00 to $360.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. KeyCorp raised their target price on shares of Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Benchmark raised their target price on shares of Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Citigroup restated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a research report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $379.54.

Analog Devices Company 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.