&PARTNERS Grows Position in Analog Devices, Inc. $ADI

&PARTNERS increased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 20.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 212,621 shares of the semiconductor company’s stock after buying an additional 36,800 shares during the quarter. &PARTNERS’s holdings in Analog Devices were worth $57,656,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of ADI. Norges Bank purchased a new stake in shares of Analog Devices during the 4th quarter valued at about $2,215,516,000. Amundi boosted its holdings in Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Analog Devices by 29.2% in the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock worth $1,186,714,000 after purchasing an additional 1,091,004 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Analog Devices by 3,456.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock worth $287,398,000 after purchasing an additional 1,029,927 shares during the period. Finally, Rafferty Asset Management LLC raised its stake in Analog Devices by 47.5% during the 2nd quarter. Rafferty Asset Management LLC now owns 1,802,338 shares of the semiconductor company’s stock valued at $428,992,000 after buying an additional 580,546 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Down 2.7%

NASDAQ:ADI opened at $416.00 on Wednesday. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $439.70. The business has a fifty day moving average price of $395.90 and a 200-day moving average price of $337.71. The firm has a market capitalization of $202.63 billion, a price-to-earnings ratio of 61.81, a price-to-earnings-growth ratio of 1.20 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.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the business earned $1.85 earnings per share. 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. Sell-side analysts forecast 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 was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s payout ratio is presently 65.38%.

Insider Buying and Selling

In related news, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total transaction of $573,988.56. Following the completion of the transaction, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. The trade was a 1.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the 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 sale, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 101,442 shares of company stock valued at $40,422,954. Insiders own 0.36% of the company’s stock.

Trending Headlines about Analog Devices

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?

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Susquehanna increased their price target on Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a report on Thursday, February 19th. Oppenheimer upped their price objective on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Stifel Nicolaus increased their target price on Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a report on Monday, May 18th. Truist Financial raised their target price on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Two research 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’s stock. Based on data from MarketBeat, Analog Devices currently has a consensus 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.