3,593 Shares in Analog Devices, Inc. $ADI Acquired by Mangrove Partners IM LLC

Mangrove Partners IM LLC acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,593 shares of the semiconductor company’s stock, valued at approximately $883,000.

Other institutional investors have also added to or reduced their stakes in the company. Quent Capital LLC boosted its holdings in shares of Analog Devices by 2.4% in the 3rd quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock valued at $445,000 after purchasing an additional 42 shares in the last quarter. Carson Advisory Inc. increased its stake in shares of Analog Devices by 3.1% in the 3rd quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock valued at $354,000 after purchasing an additional 43 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Analog Devices by 2.5% during the 3rd quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock worth $441,000 after buying an additional 44 shares in the last quarter. Klingman & Associates LLC lifted its position in shares of Analog Devices by 3.7% during the 3rd quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock worth $313,000 after buying an additional 45 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its position in shares of Analog Devices by 0.3% during the 3rd quarter. Bleakley Financial Group LLC now owns 13,843 shares of the semiconductor company’s stock worth $3,401,000 after buying an additional 46 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $306.07 on Friday. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $363.20. The firm has a fifty day simple moving average of $320.42 and a 200 day simple moving average of $275.22. The company has a market capitalization of $149.42 billion, a PE ratio of 55.95, a P/E/G ratio of 1.41 and a beta of 1.00. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the prior year, the firm posted $1.63 earnings per share. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is currently 80.44%.

Insider Activity at Analog Devices

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the transaction, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of the stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares in the company, valued at $3,831,556.60. The trade was a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,574 shares of company stock worth $14,565,113 over the last quarter. 0.36% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ADI has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Robert W. Baird set a $365.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a research note on Thursday, February 19th. Cantor Fitzgerald lifted their price target on shares of Analog Devices from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $366.96.

Analog Devices Company 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.