Pacific Excel Wealth Advisors Inc. bought a new position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,473 shares of the semiconductor company’s stock, valued at approximately $1,379,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Banque Transatlantique SA acquired a new position in Analog Devices during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices in the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Analog Devices in the 4th quarter valued at $27,000. Evolution Wealth Management Inc. purchased a new stake in shares of Analog Devices during the 1st quarter valued at $30,000. Finally, Albion Financial Group UT grew its stake in shares of Analog Devices by 41.4% during 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 period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.
Analog Devices News Roundup
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: A sharp rally in semiconductor ETFs indicates that investor interest in the artificial-intelligence and chip sectors is returning. The sector-wide momentum may provide a favorable backdrop for Analog Devices and help explain the stock’s recent strength. Semiconductor ETFs Surge up to 19% in Huge Rally as the AI Trade Ramps Back Up
- Positive Sentiment: Analog Devices renewed its strategic sponsorship of MassRobotics through its Analog Garage corporate venture and incubator program. The partnership expands ADI’s exposure to robotics startups and emerging industrial-automation applications, though the near-term financial impact is likely limited. MassRobotics Welcomes Analog Devices as Returning Strategic Sponsor
- Neutral Sentiment: Analysts at Zacks see a favorable setup for ADI’s next earnings report, citing its history of earnings surprises and current estimate trends. This reinforces optimism following the company’s latest quarterly beat, when it reported $3.09 in adjusted earnings per share and $3.62 billion in revenue, both above consensus. Will Analog Devices Beat Estimates Again?
- Negative Sentiment: CEO Vincent Roche sold 10,000 ADI shares for approximately $3.63 million, reducing his direct ownership by 6.78%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which makes it less likely to signal a change in management’s outlook, but insider selling can still create modest investor pressure. SEC Form 4 Insider Transaction
Insider Activity
Wall Street Analyst Weigh In
Several brokerages recently weighed in on ADI. Barclays increased their target price on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Cantor Fitzgerald boosted their price target on Analog Devices from $510.00 to $550.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Truist Financial upped their price target on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a research note on Wednesday, May 20th. Stifel Nicolaus raised their price objective on Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research note on Sunday, May 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $441.00.
View Our Latest Analysis on ADI
Analog Devices Price Performance
ADI stock opened at $380.29 on Wednesday. The firm has a market cap of $185.24 billion, a P/E ratio of 56.51, a price-to-earnings-growth ratio of 0.94 and a beta of 1.20. 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, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91. The stock has a 50-day simple moving average of $396.69 and a 200-day simple moving average of $364.71.
Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, topping 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 firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter in the prior year, the business 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. On average, equities analysts predict that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.10 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio is 65.38%.
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.
Featured Articles
- Five stocks we like better than Analog Devices
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Want to see what other hedge funds are holding ADI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analog Devices, Inc. (NASDAQ:ADI – Free Report).
Receive News & Ratings for Analog Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analog Devices and related companies with MarketBeat.com's FREE daily email newsletter.
-limited-logo-1200x675.png){kind=logo}
