Talos Eurisko Asset Management LP Takes $18.33 Million Position in Analog Devices, Inc. $ADI

Talos Eurisko Asset Management LP acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 67,600 shares of the semiconductor company’s stock, valued at approximately $18,333,000. Analog Devices accounts for about 3.2% of Talos Eurisko Asset Management LP’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in ADI. Hilton Head Capital Partners LLC purchased a new position in shares of Analog Devices in the fourth quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices in the fourth quarter valued at approximately $27,000. Y.D. More Investments Ltd acquired a new stake in Analog Devices in the third quarter valued at approximately $32,000. Albion Financial Group UT raised its holdings in Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares in the last quarter. Finally, Entrust Financial LLC acquired a new stake in Analog Devices in the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the topic of several analyst reports. Argus set a $460.00 target price on shares of Analog Devices in a report on Tuesday, May 26th. Jefferies Financial Group raised their target price on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. raised their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Oppenheimer raised their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus price target of $432.71.

Insider Activity at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the completion of the sale, the chief executive officer owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $398.11, for a total transaction of $563,723.76. Following the sale, the director owned 118,759 shares of the company’s stock, valued at $47,279,145.49. This represents a 1.18% 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. Insiders have sold a total of 101,442 shares of company stock worth $40,422,954 over the last 90 days. 0.36% of the stock is owned by corporate insiders.

Analog Devices Stock Up 2.3%

Shares of NASDAQ:ADI opened at $427.58 on Tuesday. The company has a market capitalization of $208.27 billion, a PE ratio of 63.53, a P/E/G ratio of 1.17 and a beta of 1.18. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $439.70. The firm has a 50 day simple moving average of $393.95 and a 200-day simple moving average of $336.60.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company’s revenue was up 37.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.

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.