EP Wealth Advisors LLC purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 56,875 shares of the semiconductor company’s stock, valued at approximately $22,589,000.
A number of other institutional investors also recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Analog Devices in the second quarter valued at about $18,610,868,000. Norges Bank bought a new position in Analog Devices in the fourth quarter valued at about $2,215,516,000. Bank of New York Mellon Corp acquired a new position in Analog Devices during the second quarter worth about $1,326,066,000. Bank of America Corp DE raised its stake in Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after acquiring an additional 2,912,666 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after acquiring an additional 1,922,302 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.
Key Analog Devices News
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
Insider Buying and Selling at Analog Devices
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday. Stifel Nicolaus increased their price objective on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Truist Financial raised their target price on shares of Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a research report on Wednesday, May 20th. Needham & Company LLC boosted their target price on shares of Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets began coverage on shares of Analog Devices in a report on Thursday. They set an “outperform” rating and a $430.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $447.13.
Read Our Latest Research Report on ADI
Analog Devices Stock Performance
NASDAQ:ADI opened at $373.09 on Friday. The stock has a market cap of $180.79 billion, a P/E ratio of 44.26, a price-to-earnings-growth ratio of 0.94 and a beta of 1.20. The company has a current ratio of 1.25, a quick ratio of 1.34 and a debt-to-equity ratio of 0.20. The stock’s 50-day moving average is $388.25 and its 200-day moving average is $371.11. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91.
Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings data 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 company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The firm’s revenue was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 12.72 earnings per share for the current year.
Analog Devices Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices’s dividend payout ratio is 52.19%.
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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