Analog Devices, Inc. $ADI Stock: PBU The Pension Fund of Early Childhood & Youth Educators Raises Holdings

PBU The Pension Fund of Early Childhood & Youth Educators boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 6.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,274 shares of the semiconductor company’s stock after buying an additional 5,197 shares during the quarter. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Analog Devices were worth $31,845,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Analog Devices during the 2nd quarter worth about $18,610,868,000. Bank of America Corp DE acquired a new position in shares of Analog Devices during the 2nd quarter worth about $3,573,081,000. Legal & General Group Plc purchased a new position in shares of Analog Devices in the 2nd quarter valued at about $1,525,167,000. Bank of New York Mellon Corp purchased a new position in shares of Analog Devices in the 2nd quarter valued at about $1,326,066,000. Finally, Primecap Management Co. CA purchased a new position in shares of Analog Devices in the 2nd quarter valued at about $1,242,479,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Sanford C. Bernstein raised shares of Analog Devices from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Seaport Research Partners upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price objective for the company in a research report on Thursday, August 20th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $460.55.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the completion of the transaction, the chief executive officer owned 115,460 shares in the company, valued at approximately $45,830,692.40. This represents a 7.97% decrease in their position. The sale was disclosed in a filing 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, CFO Richard C. Puccio, Jr. sold 2,683 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total transaction of $1,004,944.48. Following the completion of the sale, the chief financial officer owned 54,177 shares of the company’s stock, valued at $20,292,537.12. This trade represents a 4.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,436 shares of company stock worth $20,681,906 in the last three months. Insiders own 0.36% of the company’s stock.

Analog Devices Stock Up 0.1%

ADI opened at $409.29 on Friday. Analog Devices, Inc. has a 52 week low of $224.25 and a 52 week high of $445.91. The business has a 50 day moving average price of $393.97 and a two-hundred day moving average price of $375.40. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company has a market cap of $198.33 billion, a PE ratio of 48.55, a P/E/G ratio of 0.99 and a beta of 1.24.

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

Analog Devices Dividend Announcement

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

About Analog Devices

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.