Y Intercept Hong Kong Ltd Buys 35,963 Shares of Analog Devices, Inc. $ADI

Y Intercept Hong Kong Ltd increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 2,820.6% in the 1st quarter, Holdings Channel reports. The fund owned 37,238 shares of the semiconductor company’s stock after buying an additional 35,963 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Analog Devices were worth $11,847,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. ING Groep NV lifted its stake in 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 last quarter. Nordea Investment Management AB boosted its position in Analog Devices by 247.3% during the fourth 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 period. Covenant Asset Management LLC bought a new position in shares of Analog Devices during the fourth quarter valued at about $2,500,000. HF Advisory Group LLC grew its stake in shares of Analog Devices by 661.6% during the fourth quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock valued at $13,477,000 after buying an additional 43,168 shares during the last quarter. Finally, Jones Kertz & Associates Inc. purchased a new position in shares of Analog Devices in the fourth quarter worth about $1,480,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity at Analog Devices

In other Analog Devices news, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $411.95, for a total value of $411,950.00. Following the completion of the transaction, the director directly owned 12,019 shares in the company, valued at approximately $4,951,227.05. This represents a 7.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This represents a 23.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 91,442 shares of company stock worth $37,241,554. 0.36% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ADI. Jefferies Financial Group boosted their target price on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Needham & Company LLC increased their price objective on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Argus set a $460.00 target price on shares of Analog Devices in a report on Tuesday, May 26th. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $439.79.

Analog Devices Trading Down 3.0%

ADI opened at $377.16 on Friday. The business has a 50 day simple moving average of $409.48 and a two-hundred day simple moving average of $349.05. The firm has a market capitalization of $183.71 billion, a price-to-earnings ratio of 56.04, a PEG ratio of 1.09 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91.

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, topping the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business’s revenue was up 37.2% on a year-over-year basis. During the same quarter last year, the business posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

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.