New England Research & Management Inc. lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 200.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,630 shares of the semiconductor company’s stock after acquiring an additional 1,755 shares during the period. New England Research & Management Inc.’s holdings in Analog Devices were worth $1,043,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new position in Analog Devices during the 2nd quarter worth approximately $18,610,868,000. Bank of America Corp DE boosted its holdings in Analog Devices by 5.2% in the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock worth $3,250,341,000 after acquiring an additional 501,604 shares during the period. Van ECK Associates Corp grew its position in Analog Devices by 24.7% in the second quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company’s stock valued at $3,345,316,000 after acquiring an additional 1,670,957 shares in the last quarter. Amundi grew its position in Analog Devices by 5.3% in the first quarter. Amundi now owns 5,044,271 shares of the semiconductor company’s stock valued at $1,604,771,000 after acquiring an additional 254,632 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Analog Devices during the second quarter valued at approximately $1,525,167,000. 86.81% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, Director Ray Stata sold 1,416 shares of the company’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $420.04, for a total value of $594,776.64. Following the sale, the director owned 108,847 shares in the company, valued at approximately $45,720,093.88. This represents a 1.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the transaction, the insider directly owned 14,849 shares in the company, valued at $6,162,631.98. The trade was a 7.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 50,936 shares of company stock worth $19,430,764. 0.36% of the stock is currently owned by insiders.
Analog Devices Stock Down 2.1%
Shares of Analog Devices stock traded down $8.51 on Friday, hitting $395.44. 4,768,076 shares of the company’s stock traded hands, compared to its average volume of 3,202,071. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The stock has a market cap of $191.62 billion, a P/E ratio of 46.91, a PEG ratio of 1.24 and a beta of 1.22. The firm’s 50-day moving average is $382.76 and its 200 day moving average is $386.52.
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 (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. The business had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business’s revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities analysts anticipate that Analog Devices, Inc. will post 12.99 earnings per share for the current year.
Analog Devices Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s payout ratio is presently 52.19%.
Wall Street Analysts Forecast Growth
ADI has been the topic of a number of recent research reports. Morgan Stanley boosted their target price on shares of Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $480.00 price target (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. Fundamental Research set a $550.00 price objective on shares of Analog Devices in a report on Monday, June 29th. Finally, Wall Street Zen cut shares of Analog Devices from a “buy” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $460.09.
Check Out Our Latest Report on ADI
More Analog Devices News
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: KeyCorp raised its earnings outlook across fiscal 2026 and 2027. The firm increased its FY2026 EPS estimate to $13.06 from $12.62 and its FY2027 forecast to $17.88 from $15.32. Quarterly estimates were also lifted, including Q4 2026 to $4.07 from $3.67 and Q1–Q4 2027 estimates ranging from $4.17 to $4.74. KeyCorp maintained an “Overweight” rating and a $525 price target, suggesting confidence in improving demand and earnings growth. KeyCorp raises Analog Devices earnings estimates
- Positive Sentiment: Analog Devices is partnering with InoBat on battery-energy-storage systems for AI data centers. The collaboration could position ADI to benefit from rising power-management and energy-storage needs associated with data-center expansion and artificial-intelligence infrastructure. The report did not provide financial terms or near-term revenue estimates. InoBat and Analog Devices partnership
- Neutral Sentiment: KeyBanc reiterated its $525 price target. Maintaining the target provides continued valuation support, but the lack of a target-price increase represents limited incremental upside from this update. KeyBanc maintains Analog Devices price target
About Analog Devices
Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.
The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.
See Also
- Five stocks we like better than Analog Devices
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
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.
