Analog Devices, Inc. $ADI Holdings Raised by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas raised its stake in Analog Devices by 6.5% in Q4 to 157,317 shares, valued at about $42.66 million.
• Q4 results beat expectations: EPS $2.46 vs. $2.31 estimate and revenue $3.16B (up 30.4% YoY), with Q2 2026 EPS guidance of $2.73–$3.03.
• Analog Devices increased its quarterly dividend to $1.10 (annualized $4.40, ~1.1% yield) while analysts maintain a "Moderate Buy" consensus with an average target of about $370.69.

Teacher Retirement System of Texas raised its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,317 shares of the semiconductor company's stock after buying an additional 9,618 shares during the period. Teacher Retirement System of Texas' holdings in Analog Devices were worth $42,664,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ADI. JFS Wealth Advisors LLC raised its holdings in shares of Analog Devices by 9.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company's stock worth $106,000 after acquiring an additional 35 shares in the last quarter. Albion Financial Group UT grew its stake 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 purchasing an additional 36 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in Analog Devices by 0.5% in the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,369 shares of the semiconductor company's stock valued at $2,270,000 after purchasing an additional 38 shares in the last quarter. Regent Peak Wealth Advisors LLC increased its position in Analog Devices by 3.7% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company's stock worth $295,000 after purchasing an additional 39 shares during the last quarter. Finally, Fragasso Financial Advisors Inc raised its stake in shares of Analog Devices by 2.9% during the 4th quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company's stock worth $372,000 after purchasing an additional 39 shares in the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analog Devices Trading Up 5.9%

Analog Devices stock opened at $403.88 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The business's 50-day simple moving average is $336.28 and its 200-day simple moving average is $292.94. The firm has a market capitalization of $197.17 billion, a PE ratio of 73.84, a PEG ratio of 1.53 and a beta of 1.05. Analog Devices, Inc. has a 52 week low of $186.73 and a 52 week high of $408.37.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.31 by $0.15. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. Analog Devices's revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 11.38 earnings per share for the current year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a dividend of $1.10 per share. This is an increase from Analog Devices's previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices's dividend payout ratio (DPR) is currently 80.44%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ADI shares. Oppenheimer reiterated an "outperform" rating and set a $400.00 price target (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. The Goldman Sachs Group lifted their target price on shares of Analog Devices from $300.00 to $370.00 and gave the company a "buy" rating in a research note on Wednesday, February 18th. Morgan Stanley reiterated an "overweight" rating and issued a $373.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Weiss Ratings lowered Analog Devices from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 6th. Finally, Citigroup reiterated a "buy" rating on shares of Analog Devices in a report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Analog Devices currently has an average rating of "Moderate Buy" and an average target price of $370.69.

Insider Activity

In related news, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total value of $991,562.50. Following the completion of the sale, the director owned 123,821 shares in the company, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the sale, the chief accounting officer directly owned 14,740 shares in the company, valued at approximately $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 27,324 shares of company stock valued at $8,758,085. Insiders own 0.36% of the company's stock.

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.

Want to see what other hedge funds are holding ADI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analog Devices, Inc. (NASDAQ:ADI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.