AssuredPartners Investment Advisors LLC Takes $1.98 Million Position in Analog Devices, Inc. $ADI

Key Points

• AssuredPartners Investment Advisors acquired 4,994 Analog Devices shares worth approximately $1.98 million, while institutional investors collectively own 86.81% of ADI.
• Analog Devices reported record quarterly revenue of $4.02 billion—up 39.2% year over year—and EPS of $3.45, beating analyst expectations. The company issued above-consensus fiscal fourth-quarter guidance of $4.2 billion–$4.4 billion in revenue and $3.71–$4.01 EPS.
• Analysts maintain a broadly bullish view, with ADI carrying a “Moderate Buy” consensus rating and an average price target of $443.24. The company also declared a $1.10 quarterly dividend, representing a 1.2% annualized yield.

AssuredPartners Investment Advisors LLC acquired a new position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,994 shares of the semiconductor company's stock, valued at approximately $1,983,000.

Several other institutional investors have also recently made changes to their positions in the business. ING Groep NV grew its stake in Analog Devices by 45.1% during the fourth quarter. ING Groep NV now owns 222,559 shares of the semiconductor company's stock valued at $60,358,000 after acquiring an additional 69,202 shares in the last quarter. Covenant Asset Management LLC purchased a new stake in Analog Devices in the 4th quarter worth $2,500,000. MGO One Seven LLC boosted its holdings in shares of Analog Devices by 17.7% during the 4th quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company's stock valued at $12,352,000 after purchasing an additional 6,846 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Analog Devices by 2.4% during the 4th quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company's stock valued at $271,791,000 after purchasing an additional 23,531 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC grew its position in shares of Analog Devices by 432.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 12,028 shares of the semiconductor company's stock valued at $3,262,000 after purchasing an additional 9,768 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Trading Down 0.9%

ADI opened at $373.26 on Thursday. The stock has a 50-day moving average of $389.98 and a 200 day moving average of $370.68. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The firm has a market cap of $181.81 billion, a P/E ratio of 55.46, a P/E/G ratio of 0.98 and a beta of 1.20.

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

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $1.10 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices's dividend payout ratio (DPR) is currently 65.38%.

Insider Buying and Selling

In other news, Director Ray Stata sold 1,416 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total value of $534,355.92. Following the sale, the director owned 114,511 shares of the company's stock, valued at approximately $43,213,016.07. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the firm's stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the sale, the director owned 11,019 shares of the company's stock, valued at $4,295,536.77. This trade represents a 8.32% 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 105,274 shares of company stock valued at $42,247,986 in the last three months. Corporate insiders own 0.36% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ADI shares. Raymond James Financial reaffirmed an "outperform" rating and issued a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. KeyCorp increased their price target on Analog Devices from $500.00 to $525.00 and gave the company an "overweight" rating in a research note on Tuesday, July 14th. The Goldman Sachs Group restated a "buy" rating and set a $480.00 price target on shares of Analog Devices in a report on Wednesday. Sanford C. Bernstein raised Analog Devices from a "market perform" rating to an "outperform" rating and set a $465.00 price objective on the stock in a research note on Wednesday. Finally, Fundamental Research set a $550.00 price objective on Analog Devices in a report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, Analog Devices currently has an average rating of "Moderate Buy" and an average target price of $443.24.

Key Analog Devices News

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

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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