Munich Reinsurance Co Stock Corp in Munich Sells 9,140 Shares of Analog Devices, Inc. $ADI

Munich Reinsurance Co Stock Corp in Munich decreased its position in Analog Devices, Inc. (NASDAQ:ADI) by 95.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 469 shares of the semiconductor company’s stock after selling 9,140 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in Analog Devices were worth $186,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Raiffeisen Bank International AG grew its holdings in Analog Devices by 25.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 15,089 shares of the semiconductor company’s stock worth $5,912,000 after acquiring an additional 3,093 shares in the last quarter. Syon Capital LLC lifted its stake in shares of Analog Devices by 3.3% during the 2nd quarter. Syon Capital LLC now owns 5,500 shares of the semiconductor company’s stock worth $2,184,000 after purchasing an additional 176 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Analog Devices by 834.9% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 70,061 shares of the semiconductor company’s stock valued at $27,268,000 after buying an additional 62,567 shares in the last quarter. Premier Path Wealth Partners LLC lifted its position in Analog Devices by 9.8% during the second quarter. Premier Path Wealth Partners LLC now owns 3,473 shares of the semiconductor company’s stock valued at $1,379,000 after acquiring an additional 311 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of Analog Devices by 17.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 36,093 shares of the semiconductor company’s stock valued at $14,335,000 after purchasing an additional 5,324 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on ADI shares. Raymond James Financial reiterated an “outperform” rating and issued a $430.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Jefferies Financial Group increased their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Evercore reissued an “outperform” rating and set a $474.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Wolfe Research restated an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Finally, Robert W. Baird upped their price target on shares of Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a report on Monday, August 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Analog Devices has a consensus rating of “Buy” and an average price target of $454.63.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $356.33, for a total value of $3,563,300.00. Following the completion of the sale, the chief executive officer owned 134,660 shares in the company, valued at approximately $47,983,397.80. This represents a 6.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 that occurred on Thursday, August 27th. The shares were sold at an average price of $374.50, for a total value of $374,500.00. Following the completion of the sale, the director directly owned 10,019 shares of the company’s stock, valued at approximately $3,752,115.50. This represents a 9.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,363 shares of company stock worth $15,477,939 in the last 90 days. 0.36% of the stock is currently owned by insiders.

Analog Devices Trading Up 1.6%

Shares of ADI stock opened at $362.25 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company has a market cap of $175.54 billion, a price-to-earnings ratio of 42.97, a PEG ratio of 1.12 and a beta of 1.20. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The stock has a 50 day simple moving average of $377.17 and a 200-day simple moving average of $373.91.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter last year, the business earned $2.05 earnings per share. The company’s revenue for the quarter was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices’s payout ratio is 52.19%.

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.