Analog Devices, Inc. $ADI Shares Acquired by Aptus Capital Advisors LLC

Key Points

• Aptus Capital Advisors LLC increased its stake in Analog Devices by 2.5% in the fourth quarter, adding 2,497 shares to bring its total holding to 101,541 shares valued at about $27.5 million.
• Analog Devices reported strong quarterly results, with EPS of $3.09 beating estimates and revenue of $3.62 billion topping expectations; revenue rose 37.2% year over year and the company issued Q3 2026 EPS guidance of 3.15 to 3.45.
• The company also raised its quarterly dividend to $1.10 per share, while analysts remained generally bullish, with several firms lifting price targets and the consensus rating sitting at Moderate Buy.

Aptus Capital Advisors LLC boosted its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 2.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 101,541 shares of the semiconductor company's stock after acquiring an additional 2,497 shares during the quarter. Aptus Capital Advisors LLC's holdings in Analog Devices were worth $27,538,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices in the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices in the 4th quarter valued at $27,000. Entrust Financial LLC acquired a new stake in Analog Devices in the 4th quarter valued at $33,000. Albion Financial Group UT grew its stake in Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 36 shares during the period. Finally, CBIZ Investment Advisory Services LLC grew its stake in Analog Devices by 56.1% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 46 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.

Trending Headlines about Analog Devices

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

• Positive Sentiment: Recent commentary says Analog Devices is benefiting from strong AI infrastructure spending, with growing data-center and communications demand reinforcing the company’s growth story. Will Record Q2, Empower Deal and AI Infrastructure Demand Shift Analog Devices' (ADI) Narrative?
• Positive Sentiment: Analyst and broker commentary remains generally constructive, with recent reports describing ADI as a buy and noting momentum in its communications segment tied to AI and data-center demand. Can ADI's Communications Segment Emerge as a New Growth Driver?
• Neutral Sentiment: Analog Devices was recognized at the 2026 BostonCISO ORBIE Awards, which is a positive brand and leadership signal but unlikely to move the stock by itself. New England’s Top Security Executives Named at the 2026 BostonCISO ORBIE Awards
• Negative Sentiment: Director Ray Stata disclosed a sale of 1,432 shares, which can weigh on sentiment even though it was made under a pre-arranged 10b5-1 plan and represents a small portion of his holdings. Ray Stata Sells 1,432 Shares of Analog Devices NASDAQ: ADI Stock

Analog Devices Trading Up 1.4%

Shares of ADI opened at $417.79 on Friday. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $439.70. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The firm's fifty day moving average is $391.76 and its two-hundred day moving average is $334.69. The stock has a market cap of $203.50 billion, a PE ratio of 62.08, a price-to-earnings-growth ratio of 1.17 and a beta of 1.18.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.51 billion. During the same quarter in the previous year, the company posted $1.85 EPS. The firm's quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Research analysts forecast that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, June 2nd. Analog Devices's payout ratio is 65.38%.

Analyst Upgrades and Downgrades

ADI has been the topic of a number of research analyst reports. Needham & Company LLC lifted their price target on shares of Analog Devices from $400.00 to $440.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Sanford C. Bernstein reissued a "market perform" rating and issued a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Morgan Stanley reissued an "overweight" rating and issued a $373.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. Weiss Ratings raised shares of Analog Devices from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, May 22nd. Finally, Cantor Fitzgerald lifted their target price on shares of Analog Devices from $400.00 to $510.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, Analog Devices currently has an average rating of "Moderate Buy" and a consensus target price of $432.71.

Insiders Place Their Bets

In other news, SVP Martin Cotter sold 17,594 shares of the business's stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares of the company's stock, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ray Stata sold 1,416 shares of the business's stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $398.11, for a total transaction of $563,723.76. Following the transaction, the director directly owned 118,759 shares in the company, valued at approximately $47,279,145.49. The trade was a 1.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 100,442 shares of company stock valued at $40,011,004 in the last 90 days. 0.36% of the stock is owned by insiders.

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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