J.Safra Asset Management Corp Invests $1.44 Million in Analog Devices, Inc. $ADI

J.Safra Asset Management Corp acquired a new stake in Analog Devices, Inc. (NASDAQ:ADIFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,320 shares of the semiconductor company’s stock, valued at approximately $1,443,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ING Groep NV grew its holdings in shares of Analog Devices by 45.1% during the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock valued at $60,358,000 after purchasing an additional 69,202 shares during the last quarter. Nordea Investment Management AB lifted its stake in Analog Devices by 247.3% in the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock valued at $95,802,000 after purchasing an additional 249,702 shares during the last quarter. HF Advisory Group LLC boosted its position in Analog Devices by 661.6% in the fourth quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock valued at $13,477,000 after buying an additional 43,168 shares in the last quarter. Jones Kertz & Associates Inc. acquired a new stake in Analog Devices in the fourth quarter valued at approximately $1,480,000. Finally, Covenant Asset Management LLC bought a new stake in shares of Analog Devices during the fourth quarter worth $2,500,000. Institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

ADI has been the subject of a number of research reports. Citigroup increased their price target on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Benchmark boosted their price objective on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Oppenheimer increased their target price on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Needham & Company LLC lifted their price target on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $432.71.

Read Our Latest Report on Analog Devices

Analog Devices Stock Performance

NASDAQ ADI opened at $392.67 on Thursday. The company has a market capitalization of $191.27 billion, a price-to-earnings ratio of 58.35, a PEG ratio of 1.13 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, Inc. has a twelve month low of $218.37 and a twelve month high of $439.70. The stock has a fifty day simple moving average of $387.94 and a 200 day simple moving average of $332.84.

Analog Devices (NASDAQ:ADIGet Free Report) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the previous year, the company posted $1.85 EPS. The business’s revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be issued a dividend of $1.10 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vincent Roche sold 30,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the sale, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This trade represents a 17.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 97,594 shares of company stock valued at $38,873,292. Company insiders own 0.36% of the company’s stock.

About Analog Devices

(Free Report)

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.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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