Healthcare of Ontario Pension Plan Trust Fund Has $302.17 Million Holdings in Analog Devices, Inc. $ADI

Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 44.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 949,794 shares of the semiconductor company’s stock after buying an additional 294,395 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Analog Devices were worth $302,167,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ADI. Dai ichi Life Insurance Company Ltd boosted its stake in Analog Devices by 13.0% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 23,899 shares of the semiconductor company’s stock worth $7,603,000 after acquiring an additional 2,747 shares in the last quarter. Gabelli Funds LLC acquired a new stake in Analog Devices in the first quarter worth $798,000. Public Employees Retirement System of Ohio increased its stake in Analog Devices by 3.7% in the first quarter. Public Employees Retirement System of Ohio now owns 210,854 shares of the semiconductor company’s stock valued at $67,081,000 after purchasing an additional 7,442 shares in the last quarter. Compound Planning Inc. increased its stake in Analog Devices by 19.5% in the first quarter. Compound Planning Inc. now owns 5,887 shares of the semiconductor company’s stock valued at $1,873,000 after purchasing an additional 959 shares in the last quarter. Finally, Modern Wealth Management LLC raised its holdings in shares of Analog Devices by 25.3% during the first quarter. Modern Wealth Management LLC now owns 1,702 shares of the semiconductor company’s stock valued at $546,000 after purchasing an additional 344 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Buying and Selling

In other news, Director Ray Stata sold 1,416 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $377.01, for a total value of $533,846.16. Following the completion of the sale, the director directly owned 117,343 shares of the company’s stock, valued at $44,239,484.43. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $389.75, for a total value of $3,897,500.00. Following the completion of the transaction, the chief executive officer owned 137,538 shares in the company, valued at $53,605,435.50. This represents a 6.78% decrease in their position. 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. Over the last quarter, insiders sold 103,858 shares of company stock valued at $42,062,730. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Down 2.2%

Shares of NASDAQ ADI opened at $371.86 on Friday. The stock has a market capitalization of $181.13 billion, a P/E ratio of 55.25, a P/E/G ratio of 0.99 and a beta of 1.18. The company has a 50-day moving average price of $401.93 and a 200-day moving average price of $360.65. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34.

Analog Devices (NASDAQ:ADI) last posted its 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 company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the firm posted $1.85 earnings per share. The firm’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research analysts forecast that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued 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 of this dividend was Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group increased their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Barclays increased their price target on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Stifel Nicolaus raised their price objective on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Wolfe Research restated an “outperform” rating and set a $475.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $441.00.

About Analog Devices

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.