USS Investment Management Ltd Grows Stock Position in Analog Devices, Inc. $ADI

USS Investment Management Ltd increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,274 shares of the semiconductor company’s stock after acquiring an additional 1,542 shares during the period. USS Investment Management Ltd’s holdings in Analog Devices were worth $27,436,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Banque Transatlantique SA bought a new position in Analog Devices during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in Analog Devices in the fourth quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices in the fourth quarter valued at approximately $27,000. Albion Financial Group UT boosted its stake in shares of Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 36 shares during the period. Finally, Entrust Financial LLC purchased a new stake in shares of Analog Devices during the fourth quarter valued at approximately $33,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on ADI shares. Jefferies Financial Group lifted their target price 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. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 23rd. Oppenheimer raised their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Wells Fargo & Company boosted their price objective on shares of Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, KeyCorp upped their price objective on shares of Analog Devices from $430.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $439.79.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the sale, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. This trade represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred 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 sale, the director directly owned 12,019 shares in the company, valued at approximately $4,951,227.05. The trade was a 7.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 91,442 shares of company stock valued at $37,241,554 in the last three months. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $397.17 on Wednesday. The business has a 50 day moving average of $409.28 and a 200 day moving average of $347.62. Analog Devices, Inc. has a 52 week low of $218.37 and a 52 week high of $445.91. The company has a market cap of $193.46 billion, a PE ratio of 59.01, a P/E/G ratio of 1.10 and a beta of 1.18. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the firm earned $1.85 EPS. The company’s quarterly revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities research analysts forecast that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s payout ratio is currently 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.