EFG International AG purchased a new position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 18,201 shares of the semiconductor company’s stock, valued at approximately $7,226,000.
A number of other hedge funds have also recently modified their holdings of ADI. BlackRock Inc. purchased a new position in Analog Devices during the 2nd quarter valued at about $18,610,868,000. Norges Bank purchased a new stake in Analog Devices in the 4th quarter worth approximately $2,215,516,000. Legal & General Group Plc bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $1,525,167,000. Bank of New York Mellon Corp bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $1,326,066,000. Finally, Primecap Management Co. CA purchased a new position in shares of Analog Devices during the second quarter valued at approximately $1,242,479,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.
Key Headlines Impacting Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Robert W. Baird raised its price target on Analog Devices to $675 from $450 and maintained an “outperform” rating, implying substantial potential upside based on the referenced price. The aggressive revision may reinforce bullish investor sentiment. Analog Devices To Rally Around 81%? Here Are 10 Top Analyst Forecasts For Monday
- Positive Sentiment: Analog Devices’ automotive business is reportedly growing faster than the overall vehicle market, helped by demand for advanced driver-assistance systems, infotainment and electric-vehicle powertrains. Continued momentum into the fourth quarter supports the company’s growth outlook. Can ADI’s Automotive Segment Sustain Its Growth Momentum?
- Positive Sentiment: Coverage highlights Analog Devices as an indirect beneficiary of the artificial-intelligence buildout, with exposure to AI infrastructure without requiring the exceptionally high capital expenditures associated with some semiconductor peers. This 61-Year-Old Tech Stock Silently Became an AI Superstar
- Positive Sentiment: Analyst-oriented research points to ADI’s solid growth characteristics and argues that growth investors may be underappreciating its return potential. 3 Reasons Why Growth Investors Shouldn’t Overlook Analog Devices
- Neutral Sentiment: Wall Street analyst coverage remains a key driver of investor decisions, but the article questions how reliably brokerage recommendations predict future performance. Wall Street Analysts Think Analog Devices Is a Good Investment: Is It?
- Neutral Sentiment: The reported August short-interest data shows zero shares short and a zero-day short-interest ratio, but the accompanying “NaN” change suggests a data-quality or reporting issue rather than a meaningful shift in positioning.
- Negative Sentiment: Semiconductor stocks broadly sold off as investors reduced risk ahead of Nvidia’s earnings, creating sector-wide pressure that could weigh on ADI despite its company-specific growth catalysts. Semiconductor Stocks Slide Ahead of NVIDIA Earnings
Insider Buying and Selling
Analog Devices Stock Performance
Shares of ADI opened at $373.66 on Wednesday. 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 $181.06 billion, a P/E ratio of 44.33, a P/E/G ratio of 0.75 and a beta of 1.20. The business’s 50 day moving average price is $386.27 and its 200-day moving average price is $372.29. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91.
Analog Devices (NASDAQ:ADI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates 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 for the quarter was up 39.2% on a year-over-year basis. During the same quarter last year, the company earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $1.10 per share. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on ADI shares. Evercore restated an “outperform” rating and set a $474.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Bank of America lifted their price target on shares of Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Robert W. Baird upped their price objective on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a report on Monday. Argus set a $460.00 target price on shares of Analog Devices in a research report on Tuesday, May 26th. Finally, Jefferies Financial Group lifted their target price on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $454.63.
Read Our Latest Stock Analysis on ADI
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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