Analog Devices, Inc. $ADI Stock: Farther Finance Advisors LLC Boosts Position

Key Points

• Farther Finance Advisors increased its Analog Devices stake by 21.2% in the third quarter, bringing its holdings to 21,566 shares valued at approximately $8.6 million. Institutional investors collectively own 86.81% of ADI.
• Analog Devices exceeded quarterly earnings and revenue expectations, reporting $3.45 in EPS and $4.02 billion in revenue, with sales up 39.2% year over year. However, the stock trades at roughly 48 times earnings, reflecting a demanding valuation.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of about $460.09, while several insiders—including the CFO—sold shares under pre-arranged Rule 10b5-1 plans.

Farther Finance Advisors LLC lifted its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 21.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,566 shares of the semiconductor company's stock after acquiring an additional 3,765 shares during the period. Farther Finance Advisors LLC's holdings in Analog Devices were worth $8,556,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADI. Contravisory Investment Management Inc. bought a new position in Analog Devices in the 2nd quarter worth about $25,000. Manning & Napier Advisors LLC bought a new stake in shares of Analog Devices during the second quarter valued at about $25,000. Dunhill Financial LLC bought a new stake in shares of Analog Devices during the second quarter valued at about $32,000. Cornerstone Financial Management LLC lifted its holdings in shares of Analog Devices by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company's stock worth $31,000 after buying an additional 28 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Analog Devices in the second quarter valued at approximately $33,000. 86.81% of the stock is currently owned by institutional investors.

Insider Transactions at Analog Devices

In other news, insider Katsufumi Nakamura sold 1,200 shares of the company's stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $415.02, for a total value of $498,024.00. Following the completion of the sale, the insider owned 14,849 shares of the company's stock, valued at approximately $6,162,631.98. This represents a 7.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Richard Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $421.08, for a total transaction of $631,620.00. Following the completion of the transaction, the chief financial officer owned 49,677 shares in the company, valued at approximately $20,917,991.16. The trade was a 2.93% 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. In the last quarter, insiders sold 51,936 shares of company stock worth $19,820,594. Corporate insiders own 0.36% of the company's stock.

Analog Devices Price Performance

ADI opened at $406.19 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $196.83 billion, a P/E ratio of 48.18, a PEG ratio of 1.25 and a beta of 1.22. The stock has a 50-day moving average price of $380.02 and a 200-day moving average price of $383.39. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping analysts' consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. Analog Devices's quarterly revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities analysts predict that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices's payout ratio is presently 52.19%.

Analog Devices News Summary

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

• Positive Sentiment: Analyst outlook remains constructive. TD Cowen maintained a Buy rating and a $460 price target, above ADI’s recent trading level. Wall Street’s broader consensus remains “Moderate Buy,” with an average target near $460. TD Cowen keeps $460 target for Analog Devices
• Positive Sentiment: ADI is expanding its communications technology footprint. India-based Lekha Wireless plans to integrate Analog Devices radio technology into 4G and 5G products. The agreement is unlikely to materially change near-term earnings, but it reinforces ADI’s exposure to communications infrastructure and 5G demand. Lekha Wireless to integrate Analog Devices technology
• Neutral Sentiment: Reported short interest was zero. The October 9 report lists no shares sold short and a 0.0-day short-interest ratio. This could remove a source of bearish pressure, although the unusual figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
• Neutral Sentiment: Strong fundamentals are balanced by a demanding valuation. ADI’s latest quarter exceeded earnings and revenue expectations, with revenue increasing 39.2% year over year. The stock trades at roughly 48 times earnings, leaving it vulnerable to profit-taking if growth or AI-related semiconductor demand disappoints.
• Negative Sentiment: Several insiders have sold shares. Director Ray Stata sold 1,416 shares for approximately $594,777, CFO Richard Puccio sold 1,500 shares for about $631,620, and Vivek Jain sold a combined 5,305 shares worth roughly $2.16 million. The transactions were made under pre-arranged Rule 10b5-1 plans and do not necessarily indicate weakening business prospects, but the cluster of sales may weigh on sentiment. Analog Devices insider buying and selling

Analysts Set New Price Targets

Several equities analysts recently commented on ADI shares. Fundamental Research set a $550.00 price objective on shares of Analog Devices in a research note on Monday, June 29th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $510.00 target price (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. Wells Fargo & Company reduced their price target on shares of Analog Devices from $515.00 to $500.00 and set an "overweight" rating for the company in a research report on Thursday, August 20th. Sanford C. Bernstein raised shares of Analog Devices from a "market perform" rating to an "outperform" rating and upped their price target for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. Finally, Morgan Stanley increased their price objective on Analog Devices from $428.00 to $458.00 and gave the stock an "overweight" rating in a research report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Analog Devices presently has a consensus rating of "Moderate Buy" and a consensus price target of $460.09.

About Analog Devices

Analog Devices, Inc NASDAQ: ADI is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company's product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.

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