Cantillon Capital Management LLC Buys 16,274 Shares of Analog Devices, Inc. $ADI

Cantillon Capital Management LLC lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.8% during the fourth quarter, Holdings Channel reports. The fund owned 2,168,792 shares of the semiconductor company’s stock after purchasing an additional 16,274 shares during the quarter. Analog Devices comprises 3.2% of Cantillon Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Cantillon Capital Management LLC’s holdings in Analog Devices were worth $588,176,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Omnitrust Wealth Management Inc acquired a new stake in Analog Devices in the 4th quarter worth about $242,000. LPL Financial LLC raised its holdings in shares of Analog Devices by 1.2% in the 4th quarter. LPL Financial LLC now owns 540,782 shares of the semiconductor company’s stock worth $146,660,000 after purchasing an additional 6,260 shares during the period. Erste Asset Management GmbH raised its holdings in shares of Analog Devices by 360.4% in the 4th quarter. Erste Asset Management GmbH now owns 51,118 shares of the semiconductor company’s stock worth $14,087,000 after purchasing an additional 40,015 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in shares of Analog Devices by 4.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 79,888 shares of the semiconductor company’s stock worth $21,666,000 after purchasing an additional 3,218 shares during the period. Finally, Manchester Capital Management LLC raised its holdings in shares of Analog Devices by 7.0% in the 4th quarter. Manchester Capital Management LLC now owns 3,810 shares of the semiconductor company’s stock worth $1,033,000 after purchasing an additional 250 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: JPMorgan lifted its price target on Analog Devices to $450 from $400 and reiterated an Overweight rating, signaling continued upside expectations after the company’s strong quarterly results. JPMorgan Raises its Price Target on Analog Devices (ADI)
• Positive Sentiment: Recent coverage continues to point to ADI’s strong earnings momentum and growth in revenue, supporting the stock’s recent strength and investor confidence. Analog Devices (ADI) Is Up 4.23% in One Week: What You Should Know
• Neutral Sentiment: ADI was also mentioned in an article grouping it with drone-technology and AI/aerospace names, which may help keep it on investors’ radar but does not represent a direct company-specific catalyst. Buy 4 Drone Technology Stocks to Enhance Your Portfolio Returns
• Negative Sentiment: A senior vice president sold shares worth about $7.35 million, and the insider-selling trend may weigh on sentiment even though the sale appears to be part of routine trading activity. Analog Devices (NASDAQ:ADI) SVP Sells $7,354,292.00 in Stock

Analog Devices Stock Performance

NASDAQ:ADI opened at $401.39 on Monday. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $439.70. The firm has a market capitalization of $195.51 billion, a P/E ratio of 59.64, a P/E/G ratio of 1.12 and a beta of 1.18. 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 business has a 50 day simple moving average of $382.39 and a 200 day simple moving average of $329.22.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the previous year, the firm posted $1.85 EPS. The business’s revenue for the quarter 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 predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on ADI shares. Piper Sandler raised their price objective on Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. KeyCorp raised their target price on Analog Devices from $430.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Oppenheimer lifted their price objective on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, Benchmark lifted their price objective on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $432.71.

Insider Buying and Selling

In related news, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. The trade was a 23.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the sale, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. The trade was a 17.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 97,594 shares of company stock valued at $38,873,292 in the last 90 days. Insiders own 0.36% of the company’s stock.

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.