National Pension Service Has $367.21 Million Stock Position in Analog Devices, Inc. $ADI

Key Points

• National Pension Service increased its stake in Analog Devices by 0.5% in the fourth quarter, ending with 1,354,027 shares valued at about $367.2 million.
• Analog Devices reported a strong quarter, with EPS of $3.09 beating estimates and revenue of $3.62 billion topping forecasts; the company also raised its Q3 guidance.
• Wall Street sentiment remains positive, with several firms lifting price targets and an average analyst target of $432.71, while the company also announced a $1.10 quarterly dividend.

National Pension Service lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 0.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,354,027 shares of the semiconductor company's stock after buying an additional 6,492 shares during the period. National Pension Service owned about 0.28% of Analog Devices worth $367,212,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of ADI. Y.D. More Investments Ltd bought a new stake in Analog Devices during the 3rd quarter worth $32,000. LFA Lugano Financial Advisors SA grew its position in shares of Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company's stock valued at $33,000 after buying an additional 65 shares during the last quarter. Albion Financial Group UT grew its position in shares of Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock valued at $33,000 after buying an additional 36 shares during the last quarter. Entrust Financial LLC bought a new stake in shares of Analog Devices in the 4th quarter valued at about $33,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its position in shares of Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 49 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the business's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the completion of the sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have sold 80,000 shares of company stock valued at $31,519,000. 0.36% of the stock is owned by insiders.

More Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Evercore ISI raised its price target on Analog Devices to $474 from $387 and kept an Outperform rating after the company’s strong quarterly beat and raise. Article: Analog Devices (ADI) Gets A Massive Target Hike After A Strong “Beat-And-Raise” Quarter
• Positive Sentiment: ADI’s industrial segment surged 56% year over year in fiscal Q2, driven by AI infrastructure, automation and defense demand, signaling broad-based business momentum. Article: Analog Devices' Industrial Segment Picks Up Pace: What's Ahead?
• Positive Sentiment: Analyst commentary has turned more constructive, with reports citing solid earnings estimate revisions and expectations for additional upside. Article: Why Analog Devices (ADI) Might be Well Poised for a Surge
• Neutral Sentiment: CEO Vincent Roche disclosed recent share sales, including two 30,000-share transactions, which may create some caution but do not necessarily change the company’s operating outlook.
• Neutral Sentiment: Broader market strength in technology and semiconductors is also providing a supportive backdrop for ADI shares. Article: S&P 500 and Nasdaq 100 Climb to Record Highs on Tech Stock Strength

Analog Devices Price Performance

ADI stock opened at $419.01 on Friday. The firm has a 50 day moving average price of $369.92 and a 200-day moving average price of $321.48. Analog Devices, Inc. has a 52-week low of $210.80 and a 52-week high of $435.72. The firm has a market capitalization of $204.10 billion, a price-to-earnings ratio of 62.26, a PEG ratio of 1.17 and a beta of 1.19. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period last year, the business earned $1.85 earnings per share. 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. Equities research analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices's payout ratio is presently 65.38%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ADI. Robert W. Baird upped their price target on Analog Devices from $365.00 to $450.00 and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Oppenheimer increased their price objective on Analog Devices from $400.00 to $450.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 12th. Truist Financial increased their price target on Analog Devices from $364.00 to $405.00 and gave the company a "hold" rating in a research report on Wednesday, May 20th. Piper Sandler increased their price objective on Analog Devices from $250.00 to $360.00 and gave the company a "neutral" rating in a report on Thursday, February 19th. Finally, JPMorgan Chase & Co. raised their price target on Analog Devices from $400.00 to $450.00 and gave the company an "overweight" rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $432.71.

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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