Analog Devices, Inc. $ADI Position Trimmed by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI lowered its stake in Analog Devices, Inc. (NASDAQ:ADI) by 16.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 16,394 shares of the semiconductor company’s stock after selling 3,167 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Analog Devices were worth $5,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Banque Transatlantique SA purchased a new stake in shares of Analog Devices during the fourth quarter valued at $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Analog Devices in the 1st quarter valued at $30,000. Hilton Head Capital Partners LLC purchased a new position in Analog Devices in the 4th quarter worth about $26,000. Gordian Capital Singapore Pte Ltd purchased a new position in Analog Devices in the 4th quarter worth about $27,000. Finally, Entrust Financial LLC acquired a new stake in Analog Devices during the 4th quarter worth about $33,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Bank of America raised their target price on shares of Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Sanford C. Bernstein restated a “market perform” rating and set a $430.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Stifel Nicolaus upped their price target on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. TD Cowen raised their price objective on shares of Analog Devices from $450.00 to $460.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Citigroup lifted their price objective on shares of Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Analog Devices Price Performance

Shares of ADI opened at $372.46 on Tuesday. The business’s 50-day moving average is $405.42 and its 200-day moving average is $358.22. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company has a market capitalization of $181.42 billion, a price-to-earnings ratio of 55.34, a P/E/G ratio of 1.05 and a beta of 1.18. Analog Devices, Inc. has a fifty-two week low of $218.37 and a fifty-two week high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.51 billion. During the same period last year, the company posted $1.85 earnings per share. The firm’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. Equities research analysts expect that Analog Devices, Inc. will post 12.43 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.

Insider Activity at Analog Devices

In other Analog Devices news, Director Karen Golz sold 1,000 shares of the business’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the transaction, the director owned 11,019 shares in the company, valued at $4,295,536.77. The trade was a 8.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the transaction, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. The trade was a 1.18% 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. In the last quarter, insiders have sold 103,858 shares of company stock valued at $42,062,730. Insiders own 0.36% of the company’s stock.

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.