Brown Brothers Harriman & Co. Grows Position in Analog Devices, Inc. $ADI

Key Points

• Brown Brothers Harriman increased its stake in Analog Devices by 3.7% to 256,984 shares (about $63.14 million), and institutional investors now own roughly 86.8% of the stock.
• Analog Devices beat quarterly estimates with $2.46 EPS vs. $2.31 expected and $3.16 billion in revenue (up 30.4% year‑over‑year), and it set Q2 2026 guidance of $2.73–$3.03 EPS.
• The company raised its quarterly dividend to $1.10 ($4.40 annualized, 1.4% yield), while several analysts lifted price targets (e.g., UBS to $430, Wells Fargo to $400), leaving a consensus rating of "Moderate Buy" with an average target of $366.96.

Brown Brothers Harriman & Co. increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 3.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 256,984 shares of the semiconductor company's stock after purchasing an additional 9,162 shares during the quarter. Brown Brothers Harriman & Co. owned approximately 0.05% of Analog Devices worth $63,141,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Howard Hughes Medical Institute purchased a new stake in Analog Devices during the second quarter worth about $25,000. Clayton Financial Group LLC bought a new position in Analog Devices during the third quarter valued at $31,000. Y.D. More Investments Ltd bought a new position in Analog Devices during the third quarter valued at $32,000. LFA Lugano Financial Advisors SA increased its position in Analog Devices by 92.9% in the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company's stock worth $33,000 after buying an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. bought a new stake in shares of Analog Devices in the third quarter valued at $38,000. 86.81% of the stock is currently owned by institutional investors.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 500 shares of the company's stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the transaction, the senior vice president owned 12,710 shares in the company, valued at $3,831,556.60. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michael Sondel sold 4,199 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was 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 directly owned 14,740 shares of the company's stock, valued at $5,321,434.80. The trade was a 22.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 49,574 shares of company stock worth $14,565,113. Corporate insiders own 0.36% of the company's stock.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $306.07 on Friday. The company's fifty day simple moving average is $320.42 and its two-hundred day simple moving average is $275.22. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20. The firm has a market cap of $149.42 billion, a PE ratio of 55.95, a price-to-earnings-growth ratio of 1.41 and a beta of 1.00. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

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

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. This is an increase from Analog Devices's previous quarterly dividend of $0.99. The ex-dividend date is Tuesday, March 3rd. This represents a $4.40 annualized dividend and a yield of 1.4%. Analog Devices's dividend payout ratio (DPR) is 80.44%.

Analyst Ratings Changes

Several research firms have recently weighed in on ADI. Wells Fargo & Company lifted their target price on shares of Analog Devices from $340.00 to $400.00 and gave the stock an "overweight" rating in a research note on Thursday, February 19th. UBS Group raised their price objective on shares of Analog Devices from $400.00 to $430.00 and gave the stock a "buy" rating in a report on Thursday, February 19th. Truist Financial increased their price target on shares of Analog Devices from $291.00 to $364.00 and gave the stock a "hold" rating in a report on Thursday, February 19th. Robert W. Baird set a $365.00 price target on shares of Analog Devices in a report on Thursday, February 19th. Finally, Stifel Nicolaus set a $405.00 price objective on Analog Devices and gave the stock a "buy" rating in a research report on Wednesday, February 18th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $366.96.

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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