14,427 Shares in Analog Devices, Inc. $ADI Bought by Two Sigma Securities LLC

Key Points

• Two Sigma Securities acquired 14,427 shares of Analog Devices in the second quarter, valued at approximately $5.73 million. Institutional investors and hedge funds collectively own 86.81% of ADI.
• Analog Devices reported quarterly earnings of $3.45 per share on $4.02 billion in revenue, exceeding analyst expectations, while revenue rose 39.2% year over year.
• Analysts maintain a broadly positive outlook, with the stock holding an average “Buy” rating and a consensus price target of $454.63 versus its reported opening price of $361.78.

Two Sigma Securities LLC acquired a new position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,427 shares of the semiconductor company's stock, valued at approximately $5,730,000. Analog Devices accounts for approximately 0.5% of Two Sigma Securities LLC's investment portfolio, making the stock its 19th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. GTS Securities LLC bought a new position in shares of Analog Devices in the 2nd quarter worth about $981,000. Alyeska Investment Group L.P. boosted its holdings in shares of Analog Devices by 7.8% in the 2nd quarter. Alyeska Investment Group L.P. now owns 895,211 shares of the semiconductor company's stock valued at $355,551,000 after buying an additional 64,424 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Analog Devices by 1.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 30,996 shares of the semiconductor company's stock valued at $12,311,000 after buying an additional 532 shares during the last quarter. Marvin & Palmer Associates Inc. bought a new stake in shares of Analog Devices during the 2nd quarter valued at about $3,266,000. Finally, Washington Trust Bank raised its stake in Analog Devices by 676.2% during the second quarter. Washington Trust Bank now owns 20,064 shares of the semiconductor company's stock worth $7,969,000 after acquiring an additional 17,479 shares during the period. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In related news, SVP Martin Cotter sold 17,594 shares of the company's stock in a transaction dated 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 completion of the sale, the senior vice president owned 56,332 shares of the company's stock, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the completion of the transaction, the chief executive officer owned 137,538 shares of the company's stock, valued at $49,926,294. This represents a 6.78% 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 48,957 shares of company stock worth $19,268,931 in the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Price Performance

NASDAQ ADI opened at $361.78 on Monday. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The stock has a market cap of $175.31 billion, a price-to-earnings ratio of 42.92, a price-to-earnings-growth ratio of 0.74 and a beta of 1.20. The company has a 50-day moving average price of $382.77 and a two-hundred day moving average price of $373.30.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results 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 for 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 business's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts forecast that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices's payout ratio is 52.19%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ADI shares. KeyCorp raised their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Raymond James Financial reiterated an "outperform" rating and set a $430.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Jefferies Financial Group raised their price target on Analog Devices from $410.00 to $475.00 and gave the stock a "buy" rating in a report on Wednesday, May 20th. Seaport Research Partners upgraded 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, Sanford C. Bernstein upgraded Analog Devices from a "market perform" rating to an "outperform" rating and upped their price objective for the stock from $430.00 to $465.00 in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Analog Devices currently has an average rating of "Buy" and an average price target of $454.63.

Analog Devices 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.

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