Analog Devices, Inc. $ADI Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments increased its stake in Analog Devices by 23.3% to 521,561 shares, worth about $141.4 million, and institutional investors now own roughly 86.8% of the stock.
• Analysts have grown bullish—Bank of America raised its target to $425 and KeyCorp to $430, leaving a consensus average target near $370.69—but ADI’s valuation is elevated (PE ~64.7), which could constrain near-term upside.
• Analog Devices beat Q1 expectations with $2.46 EPS and revenue up 30.4% year-over-year, guided Q2 to $2.73–$3.03 EPS, and raised its quarterly dividend to $1.10 (annualized $4.40, ~1.2% yield).

Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 23.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 521,561 shares of the semiconductor company's stock after acquiring an additional 98,605 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.11% of Analog Devices worth $141,447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of ADI. JFS Wealth Advisors LLC grew its holdings in Analog Devices by 9.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company's stock valued at $106,000 after buying an additional 35 shares during the last quarter. Albion Financial Group UT raised its holdings in shares of Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 36 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in shares of 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 acquiring an additional 38 shares in the last quarter. Regent Peak Wealth Advisors LLC boosted its stake in shares of Analog Devices by 3.7% during the fourth quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company's stock valued at $295,000 after acquiring an additional 39 shares during the last quarter. Finally, Fragasso Financial Advisors Inc boosted its stake in shares of Analog Devices by 2.9% during the fourth quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company's stock valued at $372,000 after acquiring an additional 39 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Bank of America raised its price target on ADI to $425, a clear analyst signal that can drive buying interest and support the stock’s rally. Bank of America Increases Analog Devices NASDAQ: ADI Price Target to $425.00
• Positive Sentiment: Zacks added ADI to several April 15th lists (Strong Buy / momentum / income), highlighting consensus bullishness from momentum-focused analysts that can attract flows from retail and model-driven funds. New Strong Buy Stocks for April 15th
• Positive Sentiment: Industry commentary points to durable demand for analog/mixed-signal chips from auto, industrial and AI markets — structural drivers that favor ADI’s product mix and longer-term revenue visibility. Magnachip, Analog Devices, MACOM Are Analog-Mixed Signal Gems
• Positive Sentiment: Long-term performance write-ups are drawing investor attention to ADI’s multi-year returns, reinforcing buy-and-hold narratives for growth-plus-income shareholders. If You Invested $1000 in Analog Devices a Decade Ago, This is How Much It'd Be Worth Now
• Neutral Sentiment: Semiconductor-equipment peers (e.g., ASML) reported strong results, which underscores healthy capex and chip demand across the ecosystem — a positive backdrop but not a direct ADI catalyst. ASML Holding Q1 Earnings Beat Estimates, Revenues Rise Y/Y
• Neutral Sentiment: Zacks also ran a short piece noting ADI “beat the market upswing,” which reflects the stock’s momentum but offers little new fundamental information. Analog Devices (ADI) Beats Stock Market Upswing: What Investors Need to Know
• Negative Sentiment: Valuation and positioning risk: ADI’s multiple is elevated (PE in the mid-60s) after the run, which could limit near-term upside if growth expectations slip or broader momentum fades. (Company fundamentals and valuation metrics from recent reports.)

Insiders Place Their Bets

In other news, CAO Michael Sondel sold 4,199 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares of the company's stock, valued at $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $318.14, for a total value of $3,181,400.00. Following the transaction, the chief executive officer owned 167,826 shares in the company, valued at approximately $53,392,163.64. This represents a 5.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 27,324 shares of company stock worth $8,758,085 over the last ninety days. 0.36% of the stock is owned by company insiders.

Analog Devices Price Performance

ADI stock opened at $353.80 on Friday. The stock has a 50-day moving average price of $330.76 and a two-hundred day moving average price of $288.08. Analog Devices, Inc. has a 12-month low of $171.00 and a 12-month high of $363.20. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The company has a market cap of $172.73 billion, a PE ratio of 64.68, a price-to-earnings-growth ratio of 1.41 and a beta of 1.05.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts' consensus estimates of $2.31 by $0.15. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The company's quarterly revenue was up 30.4% compared to the same quarter last year. During the same period last year, the business posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Analog Devices's previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices's dividend payout ratio is presently 80.44%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. KeyCorp boosted their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an "overweight" rating in a research note on Thursday, February 19th. Benchmark boosted their price objective on shares of Analog Devices from $285.00 to $400.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. Wells Fargo & Company raised their target price on shares of Analog Devices from $340.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Oppenheimer reissued an "outperform" rating and set a $400.00 price target (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 1st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $370.69.

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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