2,810 Shares in Analog Devices, Inc. $ADI Acquired by Pointe Capital Management LLC

Key Points

• Pointe Capital Management acquired 2,810 Analog Devices shares worth approximately $1.12 million in the second quarter. Institutional investors and hedge funds collectively own 86.81% of ADI.
• Analog Devices beat quarterly expectations, reporting $3.45 EPS versus the $3.34 consensus and $4.02 billion in revenue, up 39.2% year over year. Growth is being supported by automotive demand and exposure to AI infrastructure.
• Analysts maintain a broadly bullish view, with a consensus “Buy” rating and a $454.63 price target; Robert W. Baird raised its target to $675. The company also declared a $1.10 quarterly dividend, while insiders have reported stock sales in recent months.

Pointe Capital Management LLC acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,810 shares of the semiconductor company's stock, valued at approximately $1,116,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADI. ING Groep NV raised its stake in Analog Devices by 45.1% during the fourth 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 during the period. Covenant Asset Management LLC acquired a new stake in shares of Analog Devices during the 4th quarter worth approximately $2,500,000. MGO One Seven LLC raised its position in shares of 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 during the period. Natixis Advisors LLC raised its position in shares of Analog Devices by 2.4% during the 4th 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 lifted its holdings in Analog Devices by 108.5% in 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 acquiring an additional 10,648 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Key Stories 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

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $373.66 on Wednesday. The stock has a market capitalization of $181.06 billion, a price-to-earnings ratio of 44.33, a price-to-earnings-growth ratio of 0.75 and a beta of 1.20. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The business has a 50-day moving average of $386.27 and a 200 day moving average of $372.29. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders 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 dividend on an annualized basis and a yield of 1.2%. Analog Devices's dividend payout ratio is 52.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Raymond James Financial reissued an "outperform" rating and set a $430.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Robert W. Baird upped their price target on Analog Devices from $450.00 to $675.00 and gave the company an "outperform" rating in a research note on Monday. Stifel Nicolaus raised their price objective on Analog Devices from $450.00 to $498.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. Wells Fargo & Company reduced their price objective on shares of Analog Devices from $515.00 to $500.00 and set an "overweight" rating on the stock in a report on Thursday, August 20th. Finally, Seaport Research Partners raised shares of Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 target price on the stock in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $454.63.

Insider Buying and Selling at Analog Devices

In other news, Director Karen Golz sold 1,000 shares of the stock in a transaction on Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the sale, the director directly owned 11,019 shares in the company, valued at approximately $4,295,536.77. This trade represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $363.00, for a total value of $3,630,000.00. Following the completion of the transaction, the chief executive officer owned 137,538 shares of the company's stock, valued at approximately $49,926,294. This trade represents a 6.78% 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 90 days, insiders sold 45,274 shares of company stock worth $17,889,486. 0.36% of the stock is currently owned by corporate insiders.

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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