Element Capital Management LLC Acquires New Stake in Analog Devices, Inc. $ADI

Element Capital Management LLC bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,043 shares of the semiconductor company’s stock, valued at approximately $502,000. Analog Devices makes up approximately 0.7% of Element Capital Management LLC’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Howard Hughes Medical Institute acquired a new position in shares of Analog Devices during the 2nd quarter valued at $25,000. Clayton Financial Group LLC acquired a new stake in shares of Analog Devices in the third quarter valued at $31,000. Y.D. More Investments Ltd acquired a new stake in shares of Analog Devices in the third quarter valued at $32,000. LFA Lugano Financial Advisors SA boosted its stake in Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 65 shares in the last quarter. Finally, Valley Wealth Managers Inc. bought a new position in Analog Devices during the third quarter valued at about $38,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ADI. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $410.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Robert W. Baird set a $365.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. Evercore restated an “outperform” rating and issued a $387.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Cantor Fitzgerald increased their price objective on Analog Devices from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $366.96.

Analog Devices Stock Performance

Analog Devices stock opened at $306.07 on Friday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $363.20. The firm’s 50 day simple moving average is $320.42 and its 200-day simple moving average is $275.36. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The company has a market cap of $149.42 billion, a P/E ratio of 55.95, a price-to-earnings-growth ratio of 1.41 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping 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 firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the business posted $1.63 EPS. The company’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

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

Insider Activity

In related news, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $279.39, for a total value of $873,093.75. Following the completion of the sale, the director directly owned 136,321 shares of the company’s stock, valued at approximately $38,086,724.19. This represents a 2.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $278.44, for a total value of $2,784,400.00. Following the sale, the senior vice president owned 49,664 shares of the company’s stock, valued at $13,828,444.16. The trade was a 16.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 49,574 shares of company stock valued at $14,565,113 in the last ninety days. Corporate insiders own 0.36% of the company’s stock.

About Analog Devices

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.