Elefante Mark B acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,892 shares of the semiconductor company’s stock, valued at approximately $10,284,000. Analog Devices accounts for about 4.4% of Elefante Mark B’s portfolio, making the stock its 5th largest holding.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Banque Transatlantique SA bought a new position in shares of Analog Devices in the 4th quarter worth $25,000. Contravisory Investment Management Inc. bought a new stake in Analog Devices during the 2nd quarter valued at $25,000. Hilton Head Capital Partners LLC bought a new stake in Analog Devices during the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in Analog Devices during the fourth quarter worth $27,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Analog Devices in the first quarter valued at $30,000. Institutional investors own 86.81% of the company’s stock.
Insider Activity at Analog Devices
In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $363.00, for a total value of $3,630,000.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $49,926,294. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the transaction, 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 ninety days, insiders sold 75,274 shares of company stock worth $30,343,386. Insiders own 0.36% of the company’s stock.
Analog Devices Price Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The business’s revenue was up 39.2% compared to the same quarter last year. During the same period last year, the firm posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts expect that Analog Devices, Inc. will post 12.96 EPS for the current year.
Analog Devices Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is 52.19%.
Analog Devices News Summary
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Strong earnings and guidance: ADI reported record fiscal Q3 revenue of $4.02 billion, up about 40% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also exceeded expectations. Management’s fiscal Q4 EPS outlook of $3.71 to $4.01 points to continued momentum. Analog Devices Q3 Earnings Beat Estimates, Revenues Rise Y/Y
- Positive Sentiment: AI and data-center growth: Revenue from data-center applications reportedly more than doubled, while demand tied to AI infrastructure, power management, optical connectivity and energy systems is creating a multiyear growth opportunity. Management highlighted a potential 100-gigawatt data-center buildout by 2031. Analog Devices Q3 Earnings Call Highlights AI Power Growth Runway
- Positive Sentiment: Broad analyst support: JPMorgan raised its price target to $500 and maintained an Overweight rating. Needham, TD Cowen and Susquehanna also reiterated Buy-equivalent ratings, with targets ranging from $450 to $475. These revisions reflect confidence in AI demand, margin expansion and an improving industrial recovery. Analog Devices Is Cashing in on the AI Boom
- Neutral Sentiment: Relative investment appeal: Comparisons with Texas Instruments and dividend-focused AI investment ideas portray ADI as a financially solid way to gain analog-chip and AI exposure, though they do not represent new company-specific catalysts. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
- Negative Sentiment: Macro and valuation risks: Semiconductor stocks faced pressure from a sharp rise in the 30-year Treasury yield, which can weigh on high-valuation growth shares. One analysis also downgraded ADI, arguing that multiple contraction and elevated expectations could limit gains despite strong fundamentals. Chip Stocks Fell on Higher Treasury Yields
Wall Street Analysts Forecast Growth
ADI has been the subject of a number of analyst reports. BMO Capital Markets started coverage on shares of Analog Devices in a report on Thursday. They set an “outperform” rating and a $430.00 price objective for the company. TD Cowen reaffirmed a “buy” rating and issued a $460.00 price target on shares of Analog Devices in a research report on Thursday. Sanford C. Bernstein raised Analog Devices from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $430.00 to $465.00 in a research note on Wednesday. Evercore reaffirmed an “outperform” rating and set a $474.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Finally, Fundamental Research set a $550.00 price objective on Analog Devices in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices has an average rating of “Buy” and a consensus price target of $447.13.
Get Our Latest Research Report on Analog Devices
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.
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