Jupiter Topco LLC Invests $641.21 Million in Analog Devices, Inc. $ADI

Key Points

• Jupiter Topco LLC acquired 1.61 million Analog Devices shares worth approximately $641.2 million, giving it a 0.33% stake. Institutional investors collectively own 86.81% of the semiconductor company.
• Analog Devices exceeded quarterly expectations with EPS of $3.45 versus a $3.34 consensus and revenue of $4.02 billion, up 39.2% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $454.63.
• Insiders sold 45,274 shares worth $17.9 million over the last quarter, while the company announced a quarterly dividend of $1.10 per share, equivalent to a 1.2% annualized yield.

Jupiter Topco LLC acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,614,474 shares of the semiconductor company's stock, valued at approximately $641,207,000. Jupiter Topco LLC owned 0.33% of Analog Devices as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Banque Transatlantique SA purchased a new stake in Analog Devices in the 4th quarter valued at $25,000. Contravisory Investment Management Inc. purchased a new position in shares of Analog Devices during the 2nd quarter worth $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Analog Devices during the 2nd quarter valued at about $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices during the 4th quarter valued at about $26,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Analog Devices in the fourth quarter valued at about $27,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Karen Golz sold 1,000 shares of the stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the transaction, the director owned 11,019 shares in the company, valued at approximately $4,295,536.77. This represents a 8.32% decrease in their position. The transaction 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, CEO Vincent Roche sold 10,000 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total value of $3,630,000.00. Following the sale, the chief executive officer owned 137,538 shares of the company's stock, valued at approximately $49,926,294. The trade was a 6.78% 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. Over the last quarter, insiders have sold 45,274 shares of company stock worth $17,889,486. Insiders own 0.36% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Bank of America boosted their target price on shares of Analog Devices from $425.00 to $460.00 and gave the company a "buy" rating in a report on Thursday, May 21st. Needham & Company LLC lifted their price target on shares of Analog Devices from $440.00 to $450.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. Wall Street Zen upgraded Analog Devices from a "hold" rating to a "buy" rating in a report on Sunday, May 24th. Truist Financial increased their price objective on Analog Devices from $364.00 to $405.00 and gave the stock a "hold" rating in a research report on Wednesday, May 20th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $550.00 target price on shares of Analog Devices in a research note on Monday, August 17th. 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 data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $454.63.

Analog Devices Stock Up 0.7%

Analog Devices stock opened at $373.66 on Wednesday. The company has a market capitalization of $181.06 billion, a PE ratio of 44.33, a price-to-earnings-growth ratio of 0.75 and a beta of 1.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. Analog Devices, Inc. has a fifty-two week low of $223.47 and a fifty-two week high of $445.91. The firm has a 50 day moving average price of $386.27 and a 200 day moving average price of $372.29.

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

Analog Devices Dividend Announcement

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 dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis 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 News Summary

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

• Positive Sentiment: Robert W. Baird raised its price target on Analog Devices to $675 from $450 and maintained an “outperform” rating, implying substantial potential upside based on the referenced price. The aggressive revision may reinforce bullish investor sentiment. Analog Devices To Rally Around 81%? Here Are 10 Top Analyst Forecasts For Monday
• Positive Sentiment: Analog Devices’ automotive business is reportedly growing faster than the overall vehicle market, helped by demand for advanced driver-assistance systems, infotainment and electric-vehicle powertrains. Continued momentum into the fourth quarter supports the company’s growth outlook. Can ADI's Automotive Segment Sustain Its Growth Momentum?
• Positive Sentiment: Coverage highlights Analog Devices as an indirect beneficiary of the artificial-intelligence buildout, with exposure to AI infrastructure without requiring the exceptionally high capital expenditures associated with some semiconductor peers. This 61-Year-Old Tech Stock Silently Became an AI Superstar
• Positive Sentiment: Analyst-oriented research points to ADI’s solid growth characteristics and argues that growth investors may be underappreciating its return potential. 3 Reasons Why Growth Investors Shouldn't Overlook Analog Devices
• Neutral Sentiment: Wall Street analyst coverage remains a key driver of investor decisions, but the article questions how reliably brokerage recommendations predict future performance. Wall Street Analysts Think Analog Devices Is a Good Investment: Is It?
• Neutral Sentiment: The reported August short-interest data shows zero shares short and a zero-day short-interest ratio, but the accompanying “NaN” change suggests a data-quality or reporting issue rather than a meaningful shift in positioning.
• Negative Sentiment: Semiconductor stocks broadly sold off as investors reduced risk ahead of Nvidia’s earnings, creating sector-wide pressure that could weigh on ADI despite its company-specific growth catalysts. Semiconductor Stocks Slide Ahead of NVIDIA Earnings

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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