L2 Asset Management LLC Invests $1.11 Million in Analog Devices, Inc. $ADI

Posted by Francis Steltz on Aug 25th, 2026

Analog Devices logo L2 Asset Management LLC bought a new position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 2,786 shares of the semiconductor company’s stock, valued at approximately $1,107,000.

Other hedge funds have also bought and sold shares of the company. ING Groep NV increased its position in shares of Analog Devices by 45.1% during the fourth quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock worth $60,358,000 after acquiring an additional 69,202 shares in the last quarter. Covenant Asset Management LLC acquired a new stake in shares of Analog Devices in the 4th quarter worth about $2,500,000. MGO One Seven LLC lifted its position in Analog Devices by 17.7% in the 4th quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company’s stock valued at $12,352,000 after acquiring an additional 6,846 shares in the last quarter. Natixis Advisors LLC lifted its position in Analog Devices by 2.4% in the 4th quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company’s stock valued at $271,791,000 after acquiring an additional 23,531 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in Analog Devices by 108.5% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company’s stock valued at $6,511,000 after purchasing an additional 10,648 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Trading Down 0.5%

Shares of ADI stock opened at $371.17 on Tuesday. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The company has a 50-day simple moving average of $387.12 and a two-hundred day simple moving average of $371.92. The company has a market capitalization of $179.86 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 0.76 and a beta of 1.20.

Analog Devices (NASDAQ:ADI – Get Free Report) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter last year, the firm earned $2.05 EPS. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Research analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.

Wall Street Analyst Weigh In

A number of analysts have commented on ADI shares. Citigroup boosted their price objective on Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Wells Fargo & Company dropped their target price on Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a report on Thursday. Sanford C. Bernstein raised Analog Devices from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $430.00 to $465.00 in a research report on Wednesday, August 19th. Cantor Fitzgerald reiterated an “overweight” rating and set a $550.00 price target on shares of Analog Devices in a report on Monday, August 17th. Finally, Robert W. Baird increased their price target on Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices presently has a consensus rating of “Buy” and an average price target of $454.63.

View Our Latest Stock Report on Analog Devices

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $49,926,294. This trade represents a 6.78% decrease in their ownership of the stock. 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 business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. This represents a 23.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 45,274 shares of company stock valued at $17,889,486. Insiders own 0.36% of the company’s stock.

Analog Devices Profile

(Free Report)

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.