Pensioenfonds Rail & OV Purchases New Stake in Analog Devices, Inc. $ADI

Pensioenfonds Rail & OV acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 23,466 shares of the semiconductor company’s stock, valued at approximately $9,309,000. Analog Devices comprises about 2.5% of Pensioenfonds Rail & OV’s investment portfolio, making the stock its 11th largest holding.

A number of other large investors also recently modified their holdings of ADI. BlackRock Inc. purchased a new stake in shares of Analog Devices during the 2nd quarter worth $18,610,868,000. Bank of America Corp DE acquired a new position in shares of Analog Devices during the second quarter worth $3,573,081,000. Van ECK Associates Corp increased its holdings in Analog Devices by 24.7% in the second quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company’s stock valued at $3,345,316,000 after buying an additional 1,670,957 shares during the last quarter. Amundi increased its holdings in Analog Devices by 5.3% in the first quarter. Amundi now owns 5,044,271 shares of the semiconductor company’s stock valued at $1,604,771,000 after buying an additional 254,632 shares during the last quarter. Finally, Legal & General Group Plc acquired a new stake in Analog Devices in the second quarter valued at $1,525,167,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Recent Analog Devices Headlines

Investors following ADI have been watching these headlines:

• Positive Sentiment: Roth Capital initiated coverage with a Buy rating and a $505 price target, citing Analog Devices’ growing content in AI infrastructure. Roth Capital Buy rating article
• Neutral Sentiment: An article reported fresh ETF buying in ADI, which may provide some demand support, while also raising the question of whether the stock is already expensive. ETF buying and valuation article
• Negative Sentiment: The decline appears tied mainly to broader chip-sector weakness and caution ahead of earnings, rather than a newly disclosed deterioration in ADI’s business. The stock’s valuation and reported insider selling may also be considerations for investors. Sector pressure and earnings article

Analog Devices Stock Performance

ADI traded down $11.32 during trading on Friday, hitting $397.97. 3,114,598 shares of the stock were exchanged, compared to its average volume of 4,960,515. The firm has a market capitalization of $192.84 billion, a P/E ratio of 47.21, a PEG ratio of 0.99 and a beta of 1.24. Analog Devices, Inc. has a 1-year low of $224.25 and a 1-year high of $445.91. The stock has a fifty day moving average price of $394.80 and a two-hundred day moving average price of $375.87. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The firm’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, sell-side analysts predict that Analog Devices, Inc. will post 12.88 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices’s dividend payout ratio is 52.19%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ADI. Arete Research lifted their price target on Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. JPMorgan Chase & Co. increased their price objective on Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Morgan Stanley raised their target price on Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. The Goldman Sachs Group restated a “buy” rating and set a $480.00 target price (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. Finally, Roth Capital started coverage on Analog Devices in a research note on Friday. They set a “buy” rating and a $505.00 target price for the company. Thirty analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $461.85.

Insider Transactions at Analog Devices

In other Analog Devices news, insider Vivek Jain sold 3,305 shares of Analog Devices stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the transaction, the insider directly owned 40,428 shares in the company, valued at approximately $16,437,216.24. The trade was a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard C. Puccio, Jr. sold 1,500 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $389.46, for a total transaction of $584,190.00. Following the completion of the sale, the chief financial officer directly owned 48,177 shares of the company’s stock, valued at $18,763,014.42. The trade was a 3.02% 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. Insiders have sold 52,436 shares of company stock worth $20,681,906 over the last 90 days. Company insiders own 0.36% of the company’s stock.

Analog Devices Profile

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.