9,948 Shares in Analog Devices, Inc. $ADI Purchased by Northcape Wealth Management LLC

Northcape Wealth Management LLC purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,948 shares of the semiconductor company's stock, valued at approximately $3,951,000.

Several other hedge funds have also modified their holdings of ADI. BlackRock Inc. acquired a new position in Analog Devices during the second quarter worth approximately $18,610,868,000. Norges Bank acquired a new stake in shares of Analog Devices during the 4th quarter worth $2,215,516,000. Bank of New York Mellon Corp purchased a new position in shares of Analog Devices in the 2nd quarter worth $1,326,066,000. Bank of America Corp DE grew its position in Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company's stock valued at $2,634,734,000 after acquiring an additional 2,912,666 shares during the period. Finally, Amundi increased its stake in Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company's stock worth $1,507,740,000 after acquiring an additional 1,922,302 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the business's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. The trade was a 23.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Karen Golz sold 1,000 shares of the company's stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the transaction, the director directly owned 11,019 shares of the company's stock, valued at approximately $4,295,536.77. The trade was a 8.32% decrease in their ownership of the stock. 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 sold a total of 105,274 shares of company stock valued at $42,247,986 in the last 90 days. Company insiders own 0.36% of the company's stock.

Analog Devices News Summary

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

• Positive Sentiment: Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 39.2% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also surpassed expectations of roughly $3.33–$3.34. Growth was led by data-center and industrial demand. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: The company issued above-consensus fiscal fourth-quarter guidance, calling for revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, versus analyst expectations of approximately $4.1 billion and $3.53, respectively. Management cited continued demand for power-management chips used in AI data centers and industrial applications. Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand
• Positive Sentiment: Goldman Sachs reiterated a Buy rating and a $450 price target following the earnings beat and stronger outlook. Analog Devices also declared a quarterly dividend of $1.10 per share, payable September 15. Goldman Sachs reiterates Buy rating

Analog Devices Stock Performance

Shares of NASDAQ:ADI opened at $373.26 on Thursday. The company has a market cap of $181.81 billion, a P/E ratio of 55.46, a PEG ratio of 0.98 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The business's 50-day simple moving average is $389.98 and its 200 day simple moving average is $370.68.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.91 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.Analog Devices's revenue for the quarter was up 39.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, sell-side analysts forecast that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $1.10 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices's dividend payout ratio is 65.38%.

Wall Street Analysts Forecast Growth

ADI has been the subject of a number of research analyst reports. Fundamental Research set a $550.00 target price on shares of Analog Devices in a research report on Monday, June 29th. Jefferies Financial Group boosted their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the stock a "buy" rating in a research note on Wednesday, May 20th. Raymond James Financial reissued an "outperform" rating and issued a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Wolfe Research reissued an "outperform" rating and issued a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of Analog Devices from a "hold" rating to a "buy" rating in a report on Sunday, May 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Analog Devices currently has an average rating of "Moderate Buy" and a consensus price target of $443.24.

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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