Findlay Park Partners LLP Acquires Shares of 202,698 Analog Devices, Inc. $ADI

Findlay Park Partners LLP acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 202,698 shares of the semiconductor company's stock, valued at approximately $80,506,000.

A number of other institutional investors also recently modified their holdings of the business. BlackRock Inc. bought a new position in Analog Devices in the second quarter valued at about $18,610,868,000. Norges Bank acquired a new stake in Analog Devices in the 4th quarter valued at $2,215,516,000. Bank of New York Mellon Corp acquired a new position in shares of Analog Devices during the second quarter valued at about $1,326,066,000. Bank of America Corp DE lifted its holdings in shares of Analog Devices by 42.8% in the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company's stock valued at $2,634,734,000 after purchasing an additional 2,912,666 shares in the last quarter. Finally, Amundi boosted its holdings in Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company's stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Analog Devices Trading Up 0.8%

Shares of Analog Devices stock opened at $373.09 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 1.34. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The firm has a market cap of $180.79 billion, a PE ratio of 44.26, a PEG ratio of 0.95 and a beta of 1.20. The company has a 50 day simple moving average of $388.25 and a two-hundred day simple moving average of $371.11.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping analysts' consensus estimates of $3.34 by $0.11. The firm 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 business's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices's dividend payout ratio is currently 52.19%.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Karen Golz sold 1,000 shares of Analog Devices 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. The trade was a 8.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the company's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the completion of the transaction, the director owned 114,511 shares of the company's stock, valued at $43,213,016.07. The trade was a 1.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 75,274 shares of company stock worth $30,343,386. Company insiders own 0.36% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ADI shares. Evercore reissued an "outperform" rating and issued a $474.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Wells Fargo & Company cut their price objective 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. Bank of America boosted their price objective on shares of Analog Devices from $425.00 to $460.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Seaport Research Partners raised shares of Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 target price on the stock in a report on Thursday. Finally, Robert W. Baird increased their target price on shares of Analog Devices from $365.00 to $450.00 and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $447.13.

Analog Devices News Roundup

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 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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