Analog Devices, Inc. $ADI is Lathrop Investment Management Co.’s 6th Largest Position

Lathrop Investment Management Co. lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,891 shares of the semiconductor company’s stock after selling 1,486 shares during the quarter. Analog Devices makes up about 3.3% of Lathrop Investment Management Co.’s holdings, making the stock its 6th biggest holding. Lathrop Investment Management Co.’s holdings in Analog Devices were worth $18,412,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Atticus Wealth Management LLC lifted its stake in Analog Devices by 11.2% in the fourth quarter. Atticus Wealth Management LLC now owns 3,199 shares of the semiconductor company’s stock worth $868,000 after acquiring an additional 321 shares during the last quarter. Prospera Financial Services Inc lifted its stake in Analog Devices by 0.6% in the fourth quarter. Prospera Financial Services Inc now owns 45,890 shares of the semiconductor company’s stock worth $12,449,000 after acquiring an additional 290 shares during the last quarter. Jefferies Financial Group Inc. lifted its stake in Analog Devices by 99.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 3,995 shares of the semiconductor company’s stock worth $1,083,000 after acquiring an additional 1,996 shares during the last quarter. Cumberland Partners Ltd lifted its stake in Analog Devices by 8.2% in the fourth quarter. Cumberland Partners Ltd now owns 1,052 shares of the semiconductor company’s stock worth $285,000 after acquiring an additional 80 shares during the last quarter. Finally, Americana Partners LLC purchased a new position in Analog Devices in the fourth quarter worth approximately $206,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other news, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares in the company, valued at approximately $5,321,434.80. This trade represents a 22.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the completion of the sale, the chief executive officer owned 187,538 shares of the company’s stock, valued at $74,623,245.58. This trade represents a 5.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 24,199 shares of company stock valued at $8,676,423 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ADI. Stifel Nicolaus boosted their price objective on shares of Analog Devices from $405.00 to $450.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Citigroup boosted their price objective on shares of Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday. Robert W. Baird boosted their price objective on shares of Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a research report on Thursday. TD Cowen boosted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Oppenheimer boosted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $429.85.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $397.07 on Friday. The firm’s fifty day simple moving average is $361.62 and its 200-day simple moving average is $315.79. The stock has a market capitalization of $193.41 billion, a price-to-earnings ratio of 59.00, a PEG ratio of 1.32 and a beta of 1.19. Analog Devices, Inc. has a 12 month low of $206.00 and a 12 month high of $435.72. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.35.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company’s quarterly revenue was up 37.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities analysts forecast that Analog Devices, Inc. will post 12.06 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices reported fiscal Q2 results that beat expectations, with revenue up 37.2% year over year and guidance for next quarter coming in above Wall Street estimates, reinforcing momentum in industrial, data center, and power products.
• Positive Sentiment: Several analysts raised price targets after the earnings beat, including Baird and Needham, signaling higher confidence in ADI’s execution and growth outlook.
• Positive Sentiment: ADI announced a $1.5 billion all-cash acquisition of Empower Semiconductor, a move aimed at strengthening its AI power solutions business as demand for AI infrastructure accelerates. Analog Devices Expands AI Power Strategy with $1.5B Empower Acquisition
• Positive Sentiment: Management also highlighted surging AI infrastructure demand, suggesting ADI is increasingly tied to the buildout of hyperscale and data center power/optical systems. Analog Devices CEO drops bombshell message on exploding AI infrastructure demand
• Neutral Sentiment: Analog Devices said CFO Richard Puccio will speak at the Bank of America Global Technology Conference on June 2, which could offer more color on business trends but is not a major fundamental event. Analog Devices to Participate in the Bank of America Global Technology Conference

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.