Munich Reinsurance Co Stock Corp in Munich Reduces Stock Position in Analog Devices, Inc. $ADI

Munich Reinsurance Co Stock Corp in Munich trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 74.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 9,609 shares of the semiconductor company’s stock after selling 28,394 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Analog Devices were worth $3,057,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CFS Investment Advisory Services LLC increased its stake in Analog Devices by 2.0% during the first quarter. CFS Investment Advisory Services LLC now owns 3,471 shares of the semiconductor company’s stock worth $1,104,000 after acquiring an additional 69 shares during the last quarter. Seelaus Asset Management LLC purchased a new stake in Analog Devices during the first quarter valued at approximately $396,000. Frank Rimerman Advisors LLC lifted its stake in shares of Analog Devices by 13.9% in the 1st quarter. Frank Rimerman Advisors LLC now owns 7,807 shares of the semiconductor company’s stock valued at $2,484,000 after purchasing an additional 953 shares during the last quarter. Lmcg Investments LLC lifted its stake in shares of Analog Devices by 424.7% in the 1st quarter. Lmcg Investments LLC now owns 22,028 shares of the semiconductor company’s stock valued at $7,008,000 after purchasing an additional 17,830 shares during the last quarter. Finally, Penobscot Investment Management Company Inc. boosted its holdings in shares of Analog Devices by 1.9% in the 1st quarter. Penobscot Investment Management Company Inc. now owns 11,594 shares of the semiconductor company’s stock worth $3,689,000 after purchasing an additional 220 shares during the period. Institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Up 2.1%

Shares of ADI opened at $393.64 on Friday. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $445.91. The company has a 50-day moving average of $408.74 and a 200 day moving average of $352.89. The firm has a market capitalization of $191.74 billion, a price-to-earnings ratio of 58.49, a PEG ratio of 1.08 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 (NASDAQ:ADI) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 1.1%. Analog Devices’s dividend payout ratio is 65.38%.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the sale, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $411.95, for a total value of $411,950.00. Following the transaction, the director directly owned 12,019 shares in the company, valued at $4,951,227.05. The trade was a 7.68% decrease in their position. 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 90 days, insiders have sold 102,858 shares of company stock valued at $41,672,900. Company insiders own 0.36% of the company’s stock.

Trending Headlines about Analog Devices

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

• Positive Sentiment: Analog Devices secured a new 364-day revolving credit facility of up to $3.0 billion, giving it additional financial flexibility for operations, capital spending, and potential shareholder returns. Analog Devices (ADI) Could Be 16% Undervalued As It Secures A $3.0b Credit Facility
• Positive Sentiment: The company’s planned Oregon semiconductor facility expansion of more than $1 billion supports long-term manufacturing capacity and could strengthen its position in a supply-constrained industry. Analog Devices Invests More Than $1 Billion in Semiconductor Facility Expansion in Oregon
• Neutral Sentiment: Recent market commentary said Analog Devices has generally surpassed market returns, reflecting relatively strong investor sentiment and helping explain the stock’s upward bias. Analog Devices (ADI) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Another report said the stock underperformed competitors on Thursday despite daily gains, suggesting the move was solid but not as strong as peers in the semiconductor group. Analog Devices Inc. stock underperforms Thursday when compared to competitors despite daily gains
• Negative Sentiment: Director Ray Stata sold 1,416 shares in a pre-arranged Rule 10b5-1 transaction, which may weigh slightly on sentiment even though it was disclosed in advance and appears routine. SEC Form 4 for Ray Stata transaction

Analyst Ratings Changes

Several analysts recently weighed in on the company. Bank of America increased their price target on Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $430.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 price objective on shares of Analog Devices in a research report on Wednesday, May 20th. Sanford C. Bernstein reissued a “market perform” rating and issued a $430.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Jefferies Financial Group raised their target price on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Two 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $439.79.

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.