VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Shares in Analog Devices, Inc. $ADI

Posted by Geri Gentry on Sep 8th, 2026

Analog Devices logo VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 40,660 shares of the semiconductor company’s stock, valued at approximately $16,149,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ING Groep NV lifted its position in Analog Devices by 45.1% during the 4th 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 during the last quarter. Natixis Advisors LLC increased its stake in shares of Analog Devices by 2.4% in the fourth quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company’s stock worth $271,791,000 after purchasing an additional 23,531 shares during the period. National Pension Service lifted its position in shares of Analog Devices by 0.5% during the 4th quarter. National Pension Service now owns 1,354,027 shares of the semiconductor company’s stock worth $367,212,000 after purchasing an additional 6,492 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of 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 worth $6,511,000 after purchasing an additional 10,648 shares during the last quarter. Finally, Mach 1 Financial Group LLC bought a new stake in Analog Devices during the 4th quarter valued at approximately $2,883,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

ADI stock opened at $362.25 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91. The company has a market cap of $175.54 billion, a P/E ratio of 42.97, a PEG ratio of 1.12 and a beta of 1.20. The business has a fifty day moving average of $376.58 and a 200-day moving average of $374.34.

Analog Devices (NASDAQ:ADI – Get Free Report) last issued its quarterly 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 company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the previous 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, equities research analysts expect that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 currently 52.19%.

Analysts Set New Price Targets

Several equities analysts have issued reports on ADI shares. Raymond James Financial reiterated an “outperform” rating and issued a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Oppenheimer raised their target price on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Barclays lifted their price target on Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Needham & Company LLC upped their price target on shares of Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Finally, Jefferies Financial Group increased their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $454.63.

View Our Latest Report on ADI

Insider Activity

In other Analog Devices news, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $374.50, for a total transaction of $374,500.00. Following the sale, the director directly owned 10,019 shares in the company, valued at approximately $3,752,115.50. This trade represents a 9.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $377.01, for a total transaction of $533,846.16. Following the completion of the sale, the director directly owned 117,343 shares in the company, valued at $44,239,484.43. This represents a 1.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 39,931 shares of company stock valued at $14,903,950. 0.36% of the stock is owned by company insiders.

About Analog Devices

(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.