BFI Infinity Ltd. Makes New $4.69 Million Investment in Analog Devices, Inc. $ADI

BFI Infinity Ltd. acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 11,820 shares of the semiconductor company’s stock, valued at approximately $4,689,000. Analog Devices accounts for 2.2% of BFI Infinity Ltd.’s portfolio, making the stock its 14th biggest holding.

Other large investors have also recently bought and sold shares of the company. Iams Wealth Management LLC boosted its position in shares of Analog Devices by 1.1% during the 3rd quarter. Iams Wealth Management LLC now owns 4,734 shares of the semiconductor company’s stock worth $1,879,000 after acquiring an additional 53 shares in the last quarter. Davidson Capital Management Inc. raised its position in Analog Devices by 14.1% during the third quarter. Davidson Capital Management Inc. now owns 3,756 shares of the semiconductor company’s stock valued at $1,490,000 after purchasing an additional 465 shares in the last quarter. Harrell Investment Partners LLC lifted its stake in Analog Devices by 1.5% during the third quarter. Harrell Investment Partners LLC now owns 33,251 shares of the semiconductor company’s stock worth $13,191,000 after purchasing an additional 496 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Analog Devices by 76.4% during the third quarter. Assenagon Asset Management S.A. now owns 932,897 shares of the semiconductor company’s stock worth $370,090,000 after purchasing an additional 403,967 shares during the last quarter. Finally, RDA Financial Network lifted its stake in Analog Devices by 18.0% during the third quarter. RDA Financial Network now owns 1,010 shares of the semiconductor company’s stock worth $401,000 after purchasing an additional 154 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ADI. Morgan Stanley raised their target price on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Stifel Nicolaus boosted their price target on Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Fundamental Research set a $550.00 price objective on Analog Devices in a research report on Monday, June 29th. Finally, KeyCorp raised their price objective on Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $460.09.

Analog Devices Price Performance

ADI stock opened at $403.95 on Friday. The stock has a market cap of $195.74 billion, a price-to-earnings ratio of 47.92, a P/E/G ratio of 1.25 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company has a 50 day simple moving average of $382.64 and a 200 day simple moving average of $386.46. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the previous year, the firm posted $2.05 earnings per share. The company’s revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Research analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders 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 (DPR) is currently 52.19%.

Insider Activity

In other news, insider Katsufumi Nakamura sold 1,200 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the sale, the insider directly owned 14,849 shares in the company, valued at approximately $6,162,631.98. The trade was a 7.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the transaction, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at $45,830,692.40. This represents a 7.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 50,936 shares of company stock valued at $19,430,764. 0.36% of the stock is currently owned by company insiders.

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.