4,699 Shares in Analog Devices, Inc. $ADI Purchased by Portfolio Design Labs LLC

Key Points

• Portfolio Design Labs LLC bought 4,699 Analog Devices shares during the second quarter, valued at approximately $1.87 million. Institutional investors and hedge funds collectively own 86.81% of ADI’s stock.
• Analog Devices reported strong quarterly results, with revenue up 39.2% year over year to $4.02 billion and non-GAAP EPS of $3.45, both exceeding expectations. Management issued an upbeat fourth-quarter outlook, supported by accelerating AI and data-center demand.
• Analyst sentiment remains positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $447.13, although elevated valuation and recent insider selling could limit near-term upside.

Portfolio Design Labs LLC purchased a new position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,699 shares of the semiconductor company's stock, valued at approximately $1,866,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Hara Capital LLC bought a new position in shares of Analog Devices during the 2nd quarter valued at about $1,373,000. Ninepoint Partners LP bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $294,000. Advisors Capital Management LLC bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $3,421,000. MJP Associates Inc. ADV acquired a new stake in Analog Devices during the second quarter valued at approximately $437,000. Finally, PCM Encore LLC acquired a new stake in Analog Devices during the second quarter valued at approximately $793,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices News Summary

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

• Positive Sentiment: Strong Q3 beat and upbeat outlook: Fiscal third-quarter revenue reached a record $4.02 billion, up approximately 40% year over year and above the roughly $3.91 billion consensus estimate. Non-GAAP EPS of $3.45 also exceeded expectations. Management guided for fourth-quarter revenue of $4.2 billion-$4.4 billion and EPS of $3.71-$4.01, both ahead of Wall Street forecasts. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: AI and data-center demand are accelerating: Growth in data-center power-management and optical products, along with industrial demand, is supporting momentum into fiscal 2027. ADI says a potential 100-gigawatt data-center buildout by 2031 could represent a significant long-term opportunity. Analog Devices Sees 100 GW Data Center Buildout
• Positive Sentiment: Analysts raised targets: JPMorgan lifted its target to $500 and maintained an Overweight rating. Needham raised its target to $450, while TD Cowen reaffirmed Buy with a $460 target; Susquehanna also reiterated Buy with a $475 target. These revisions indicate improving confidence in ADI’s AI infrastructure growth. Analog Devices Is Cashing in on the AI Boom
• Positive Sentiment: Shareholder returns remain supportive: ADI declared a quarterly dividend of $1.10 per share, payable September 15 to shareholders of record September 1, and returned approximately $1.7 billion through dividends and repurchases during the quarter.
• Neutral Sentiment: ADI is increasingly being viewed as a dividend-paying way to participate in the AI boom, potentially broadening its appeal to income-oriented investors. 3 Buy-Rated Dividend Stocks to Play the AI Boom
• Negative Sentiment: Valuation and AI-trade concerns are limiting the reaction: One analyst argued that the stock’s elevated valuation and multiple contraction could overshadow the strong fundamentals, warning that investor enthusiasm around AI may be creating additional downside risk. Analog Devices Earnings Reaction Warning

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 30,000 shares of the company's stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares of the company's stock, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Martin Cotter sold 17,594 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares of the company's stock, valued at approximately $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 75,274 shares of company stock worth $30,343,386. 0.36% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ADI shares. Jefferies Financial Group lifted their price target on shares of Analog Devices from $410.00 to $475.00 and gave the stock a "buy" rating in a research report on Wednesday, May 20th. Sanford C. Bernstein upgraded Analog Devices from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $430.00 to $465.00 in a research report on Wednesday. Raymond James Financial reissued an "outperform" rating and set a $430.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Wolfe Research restated an "outperform" rating and issued a $475.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Finally, BMO Capital Markets started coverage on Analog Devices in a research report on Thursday. They set an "outperform" rating and a $430.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $447.13.

Analog Devices Stock Down 0.8%

Shares of NASDAQ:ADI opened at $370.24 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.34 and a current ratio of 1.25. The company has a market cap of $180.34 billion, a PE ratio of 43.92, a price-to-earnings-growth ratio of 0.97 and a beta of 1.20. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The firm has a 50 day simple moving average of $389.14 and a 200 day simple moving average of $371.10.

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, topping 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 period in the previous year, the company posted $2.05 EPS. The company's quarterly revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 dividend yield of 1.2%. 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.

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