Barbara Oil Co. Takes Position in Analog Devices, Inc. $ADI

Key Points

• Barbara Oil Co. acquired 8,500 shares of Analog Devices valued at approximately $3.38 million, making ADI about 1.1% of its portfolio. Institutional investors collectively own 86.81% of the company.
• Analog Devices reported strong quarterly results, with revenue up 39.2% year over year to $4.02 billion and EPS of $3.45, exceeding estimates. Growth in AI infrastructure and data-center applications is supporting the company’s outlook, including fiscal Q4 EPS guidance of $3.71–$4.01.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and average price target of $447.13, although insiders sold $30.3 million of stock last quarter. ADI also declared a quarterly dividend of $1.10, equivalent to a 1.2% annual yield.

Barbara Oil Co. bought a new position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,500 shares of the semiconductor company's stock, valued at approximately $3,376,000. Analog Devices comprises about 1.1% of Barbara Oil Co.'s investment portfolio, making the stock its 27th biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ADI. Solstein Capital LLC bought a new position in shares of Analog Devices during the 2nd quarter valued at approximately $898,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Analog Devices in the second quarter worth $11,374,000. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Analog Devices during the second quarter valued at $5,584,000. Mission Financial Group LLC bought a new position in Analog Devices during the second quarter valued at $330,000. Finally, Elefante Mark B bought a new position in Analog Devices during the second quarter valued at $10,284,000. 86.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ADI has been the topic of a number of research reports. KeyCorp boosted their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Wall Street Zen raised shares of Analog Devices from a "hold" rating to a "buy" rating in a report on Sunday, May 24th. Truist Financial lifted their price target on Analog Devices from $364.00 to $405.00 and gave the stock a "hold" rating in a research report on Wednesday, May 20th. Sanford C. Bernstein raised Analog Devices from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from $430.00 to $465.00 in a research note on Wednesday. Finally, Morgan Stanley upped their price objective on Analog Devices from $428.00 to $458.00 and gave the company an "overweight" rating in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $447.13.

Insiders Place Their Bets

In related news, Director Ray Stata sold 1,416 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total transaction of $534,355.92. Following the completion of the transaction, the director owned 114,511 shares in the company, valued at $43,213,016.07. The trade was a 1.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $363.00, for a total value of $3,630,000.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $49,926,294. This trade represents a 6.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 75,274 shares of company stock valued at $30,343,386 over the last quarter. 0.36% of the stock is currently owned by insiders.

More Analog Devices News

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

• Positive Sentiment: Strong earnings and guidance: ADI reported record fiscal Q3 revenue of $4.02 billion, up about 40% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also exceeded expectations. Management’s fiscal Q4 EPS outlook of $3.71 to $4.01 points to continued momentum. Analog Devices Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI and data-center growth: Revenue from data-center applications reportedly more than doubled, while demand tied to AI infrastructure, power management, optical connectivity and energy systems is creating a multiyear growth opportunity. Management highlighted a potential 100-gigawatt data-center buildout by 2031. Analog Devices Q3 Earnings Call Highlights AI Power Growth Runway
• Positive Sentiment: Broad analyst support: JPMorgan raised its price target to $500 and maintained an Overweight rating. Needham, TD Cowen and Susquehanna also reiterated Buy-equivalent ratings, with targets ranging from $450 to $475. These revisions reflect confidence in AI demand, margin expansion and an improving industrial recovery. Analog Devices Is Cashing in on the AI Boom
• Neutral Sentiment: Relative investment appeal: Comparisons with Texas Instruments and dividend-focused AI investment ideas portray ADI as a financially solid way to gain analog-chip and AI exposure, though they do not represent new company-specific catalysts. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
• Negative Sentiment: Macro and valuation risks: Semiconductor stocks faced pressure from a sharp rise in the 30-year Treasury yield, which can weigh on high-valuation growth shares. One analysis also downgraded ADI, arguing that multiple contraction and elevated expectations could limit gains despite strong fundamentals. Chip Stocks Fell on Higher Treasury Yields

Analog Devices Price Performance

ADI stock opened at $373.09 on Monday. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. 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 company has a 50-day moving average price of $388.25 and a 200 day moving average price of $371.50. The stock has a market cap of $180.79 billion, a PE ratio of 44.26, a P/E/G ratio of 0.76 and a beta of 1.20.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm's revenue for the quarter was up 39.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices's dividend payout ratio is presently 52.19%.

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.

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