Analog Devices, Inc. $ADI Shares Newly Bought by NBT Bank N.A.

NBT Bank N.A. purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 9,295 shares of the semiconductor company’s stock, valued at approximately $3,687,000.

A number of other institutional investors have also added to or reduced their stakes in ADI. Root Financial Partners LLC grew its holdings in shares of Analog Devices by 16.0% in the third quarter. Root Financial Partners LLC now owns 1,102 shares of the semiconductor company’s stock valued at $437,000 after acquiring an additional 152 shares in the last quarter. Trust Co of the South lifted its holdings in Analog Devices by 0.9% during the third quarter. Trust Co of the South now owns 3,614 shares of the semiconductor company’s stock worth $1,434,000 after acquiring an additional 31 shares during the period. Marion Wealth Management lifted its holdings in Analog Devices by 1.9% during the third quarter. Marion Wealth Management now owns 18,287 shares of the semiconductor company’s stock worth $7,255,000 after acquiring an additional 343 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in Analog Devices by 28.2% during the third quarter. Pinnacle Bancorp Inc. now owns 391 shares of the semiconductor company’s stock worth $155,000 after acquiring an additional 86 shares during the period. Finally, Foster Victor Wealth Advisors LLC boosted its position in Analog Devices by 46.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 31,566 shares of the semiconductor company’s stock worth $12,448,000 after purchasing an additional 10,068 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Trading Down 5.0%

NASDAQ:ADI opened at $385.76 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $186.93 billion, a PE ratio of 45.76, a price-to-earnings-growth ratio of 1.25 and a beta of 1.22. The firm’s 50 day moving average is $383.72 and its 200 day moving average is $389.27. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter in the prior year, the business earned $2.05 earnings per share. Analog Devices’s revenue for the quarter was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Sell-side analysts expect that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s payout ratio is presently 52.19%.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of recent analyst reports. Sanford C. Bernstein upgraded Analog Devices from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $430.00 to $465.00 in a research note on Wednesday, August 19th. Wells Fargo & Company lowered their target price on Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research note on Thursday, August 20th. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Morgan Stanley boosted their price target on shares of Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Finally, Seaport Research Partners upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price target for the company in a research report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $460.55.

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the sale, the chief executive officer owned 115,460 shares of the company’s stock, valued at approximately $45,830,692.40. This trade represents a 7.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $420.04, for a total value of $594,776.64. Following the completion of the sale, the director directly owned 108,847 shares of the company’s stock, valued at approximately $45,720,093.88. This trade represents a 1.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 52,436 shares of company stock valued at $20,014,954. 0.36% of the stock is currently owned by insiders.

More Analog Devices News

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

• Positive Sentiment: TD Cowen raised its price target for Analog Devices (ADI) to $475 from $460 and maintained a “buy” rating, indicating continued confidence in the semiconductor company’s earnings outlook. Analog Devices price target raised
• Neutral Sentiment: Analog Devices announced that it will release fourth-quarter fiscal 2026 results before the market opens on November 24. The scheduled report could become the next major catalyst as investors assess demand, margins and forward guidance. Analog Devices fourth-quarter earnings announcement
• Neutral Sentiment: Reports indicated that 39 exchange-traded funds added ADI holdings on October 20, suggesting ongoing passive or institutional demand, although the reports did not provide enough detail to assess the purchases’ significance. ETF purchases of Analog Devices
• Negative Sentiment: CFO Richard Puccio sold 1,500 shares for approximately $584,000. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by 3.02%, limiting its significance but still creating a modest negative headline. Analog Devices CFO stock sale
• Negative Sentiment: ADI advised shareholders to reject an unsolicited $525-per-share mini-tender offer from Tutanota LLC, warning that the offer is limited in size and subject to conditions. The unusual proposal may add uncertainty even though it is priced above recent trading levels. Analog Devices mini-tender offer

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.