24,110 Shares in Analog Devices, Inc. $ADI Acquired by Elevation Point Wealth Partners LLC

Key Points

• Elevation Point Wealth Partners acquired 24,110 Analog Devices shares worth approximately $9.6 million, adding to broad institutional support; institutions own 86.81% of ADI’s outstanding stock.
• Analog Devices reported strong quarterly results, with revenue up 39.2% year over year to $4.02 billion and adjusted EPS of $3.45, exceeding analyst expectations. Management issued fiscal fourth-quarter EPS guidance of $3.71 to $4.01.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $447.13, although elevated valuation, rising Treasury yields and recent insider selling present potential risks.

Elevation Point Wealth Partners LLC acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 24,110 shares of the semiconductor company's stock, valued at approximately $9,576,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ING Groep NV lifted its holdings in Analog Devices by 45.1% during the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company's stock worth $60,358,000 after purchasing an additional 69,202 shares in the last quarter. Covenant Asset Management LLC purchased a new position in Analog Devices during the 4th quarter valued at about $2,500,000. MGO One Seven LLC grew its holdings in Analog Devices by 17.7% during the 4th quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company's stock valued at $12,352,000 after buying an additional 6,846 shares in the last quarter. Natixis Advisors LLC increased its position in shares of Analog Devices by 2.4% during the fourth quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company's stock valued at $271,791,000 after buying an additional 23,531 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC increased its position in shares of Analog Devices by 108.5% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company's stock valued at $6,511,000 after buying an additional 10,648 shares during the period. Institutional investors own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ADI shares. Citigroup raised their price objective on shares of Analog Devices from $400.00 to $460.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Morgan Stanley raised their price target on shares of Analog Devices from $428.00 to $458.00 and gave the company an "overweight" rating in a report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Analog Devices from $450.00 to $500.00 and gave the company an "overweight" rating in a research report on Thursday. Wells Fargo & Company decreased their price target on shares of Analog Devices from $515.00 to $500.00 and set an "overweight" rating on the stock in a report on Thursday. Finally, Needham & Company LLC lifted their price objective on Analog Devices from $440.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $447.13.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 1,416 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total transaction of $534,355.92. Following the transaction, the director directly owned 114,511 shares in the company, valued at approximately $43,213,016.07. This represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the firm's stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $389.83, for a total value of $389,830.00. Following the transaction, the director directly owned 11,019 shares in the company, valued at approximately $4,295,536.77. This represents a 8.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 75,274 shares of company stock worth $30,343,386. Company insiders own 0.36% of the company's stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Strong earnings and guidance: ADI reported record fiscal Q3 revenue of $4.02 billion, up about 40% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also exceeded expectations. Management’s fiscal Q4 EPS outlook of $3.71 to $4.01 points to continued momentum. Analog Devices Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI and data-center growth: Revenue from data-center applications reportedly more than doubled, while demand tied to AI infrastructure, power management, optical connectivity and energy systems is creating a multiyear growth opportunity. Management highlighted a potential 100-gigawatt data-center buildout by 2031. Analog Devices Q3 Earnings Call Highlights AI Power Growth Runway
• Positive Sentiment: Broad analyst support: JPMorgan raised its price target to $500 and maintained an Overweight rating. Needham, TD Cowen and Susquehanna also reiterated Buy-equivalent ratings, with targets ranging from $450 to $475. These revisions reflect confidence in AI demand, margin expansion and an improving industrial recovery. Analog Devices Is Cashing in on the AI Boom
• Neutral Sentiment: Relative investment appeal: Comparisons with Texas Instruments and dividend-focused AI investment ideas portray ADI as a financially solid way to gain analog-chip and AI exposure, though they do not represent new company-specific catalysts. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
• Negative Sentiment: Macro and valuation risks: Semiconductor stocks faced pressure from a sharp rise in the 30-year Treasury yield, which can weigh on high-valuation growth shares. One analysis also downgraded ADI, arguing that multiple contraction and elevated expectations could limit gains despite strong fundamentals. Chip Stocks Fell on Higher Treasury Yields

Analog Devices Price Performance

ADI stock opened at $373.09 on Friday. The firm has a 50 day simple moving average of $388.25 and a two-hundred day simple moving average of $371.11. The stock has a market cap of $180.79 billion, a PE ratio of 44.26, a P/E/G ratio of 0.95 and a beta of 1.20. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 1.34.

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 the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $3.92 billion. During the same quarter last year, the company posted $2.05 EPS. The business's quarterly revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts predict that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices's dividend payout ratio (DPR) is presently 52.19%.

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.

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