Cynosure Group LLC Makes New Investment in Analog Devices, Inc. $ADI

Cynosure Group LLC bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,887 shares of the semiconductor company’s stock, valued at approximately $512,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. 1620 Investment Advisors Inc. lifted its position in shares of Analog Devices by 5.0% in the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock worth $182,000 after purchasing an additional 32 shares during the period. Covestor Ltd lifted its position in shares of Analog Devices by 14.1% in the 4th quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 34 shares during the period. JFS Wealth Advisors LLC lifted its position in shares of Analog Devices by 9.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock worth $106,000 after purchasing an additional 35 shares during the period. Albion Financial Group UT lifted 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 worth $33,000 after purchasing an additional 36 shares during the period. Finally, Prestige Wealth Management Group LLC lifted its position in shares of Analog Devices by 2.6% in the 4th quarter. Prestige Wealth Management Group LLC now owns 1,435 shares of the semiconductor company’s stock worth $389,000 after purchasing an additional 36 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ADI. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target on the stock in a research report on Monday, March 30th. Raymond James Financial restated an “outperform” rating and issued a $430.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. Bank of America boosted their price target on shares of Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, KeyCorp boosted their price target on shares of Analog Devices from $430.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $432.71.

Key Analog Devices News

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

• Positive Sentiment: Leverage Shares by Themes launched a new 2X leveraged single-stock ETF tied to ADI, which can increase trading interest and visibility in the name. Leverage Shares by Themes Continues Expansion of Leveraged Single Stock ETF Offering with AXTI, APH, TEL, FN, KEYS, ADI, MCHP, & TSEM
• Positive Sentiment: An investor letter highlighted Analog Devices as having benefited from improved demand and better end-market conditions, reinforcing the view that business fundamentals remain healthy. Analog Devices (ADI) Gained from Improved Demand and End Market Conditions
• Positive Sentiment: A recent market note described ADI as one of the AI-related chip names with durable “moats,” suggesting investors may continue to view it as a long-term beneficiary of AI and semiconductor demand. 3 AI Stocks With Moats That Could Outlast Summer Volatility (ADI)
• Neutral Sentiment: The company also drew fresh attention after a director sold 1,000 shares, but the sale was made under a pre-arranged 10b5-1 plan, so it is less likely to be interpreted as a negative signal by investors. Analog Devices (NASDAQ:ADI) Director Karen Golz Sells 1,000 Shares of Stock
• Neutral Sentiment: Additional articles compared ADI with peers and sector performance, but these pieces were mostly descriptive rather than new catalysts for the stock. Has Analog Devices (ADI) Outpaced Other Computer and Technology Stocks This Year?

Analog Devices Stock Down 2.7%

Analog Devices stock opened at $416.00 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $439.70. The firm’s fifty day moving average is $395.90 and its 200 day moving average is $337.71. The company has a market capitalization of $202.63 billion, a PE ratio of 61.81, a PEG ratio of 1.20 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last released its earnings results 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 net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the previous year, the company earned $1.85 EPS. Analog Devices’s quarterly revenue 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. As a group, sell-side analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s payout ratio is 65.38%.

Insider Buying and Selling at Analog Devices

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 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 document filed with the SEC, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 101,442 shares of company stock worth $40,422,954. Company 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.