Somerville Kurt F purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 49,038 shares of the semiconductor company’s stock, valued at approximately $19,476,000. Analog Devices accounts for about 4.7% of Somerville Kurt F’s portfolio, making the stock its 5th biggest position.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Riverbend Wealth Management LLC raised its stake in shares of Analog Devices by 2.2% during the first quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 27 shares in the last quarter. Bridgewater Advisors Inc. lifted its holdings in Analog Devices by 1.5% in the first quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock worth $574,000 after purchasing an additional 27 shares during the period. Silicon Valley Capital Partners grew its position in Analog Devices by 4.2% in the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after buying an additional 27 shares in the last quarter. Sound Income Strategies LLC grew its position in Analog Devices by 12.0% in the 1st quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 30 shares in the last quarter. Finally, 1620 Investment Advisors Inc. increased its stake in Analog Devices by 5.0% during the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after buying an additional 32 shares during the period. Institutional investors own 86.81% of the company’s stock.
Key Stories Impacting Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 39.2% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also surpassed expectations of roughly $3.33–$3.34. Growth was led by data-center and industrial demand. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
- Positive Sentiment: The company issued above-consensus fiscal fourth-quarter guidance, calling for revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, versus analyst expectations of approximately $4.1 billion and $3.53, respectively. Management cited continued demand for power-management chips used in AI data centers and industrial applications. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
- Positive Sentiment: Goldman Sachs reiterated a Buy rating and a $450 price target following the earnings beat and stronger outlook. Analog Devices also declared a quarterly dividend of $1.10 per share, payable September 15. Goldman Sachs reiterates Buy rating
Analyst Upgrades and Downgrades
View Our Latest Research Report on Analog Devices
Analog Devices Price Performance
Shares of Analog Devices stock opened at $373.26 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $389.98 and its two-hundred day moving average price is $370.68. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The stock has a market cap of $181.81 billion, a PE ratio of 55.46, a price-to-earnings-growth ratio of 0.98 and a beta of 1.20.
Analog Devices (NASDAQ:ADI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the company earned $2.05 EPS. Analog Devices’s revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.
Analog Devices Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s dividend payout ratio is currently 65.38%.
Insider Buying and Selling at Analog Devices
In related news, Director Ray Stata sold 1,416 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total transaction of $534,355.92. Following the completion of the sale, the director directly owned 114,511 shares in the company, valued at approximately $43,213,016.07. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the transaction, the director owned 11,019 shares in the company, valued at approximately $4,295,536.77. This trade represents a 8.32% 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. Insiders sold 105,274 shares of company stock valued at $42,247,986 in the last ninety days. 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.
Featured Stories
- Five stocks we like better than Analog Devices
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
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.
