Polar Asset Management Partners Inc. Makes New $4.81 Million Investment in Analog Devices, Inc. $ADI

Key Points

• Polar Asset Management Partners acquired 12,100 Analog Devices shares during the second quarter, valued at approximately $4.81 million. Institutional investors collectively own 86.81% of ADI.
• Analog Devices reported quarterly earnings of $3.45 per share, beating estimates of $3.34, while revenue rose 39.2% year over year to $4.02 billion. The company also declared a quarterly dividend of $1.10 per share, representing a 1.2% annualized yield.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $454.63 versus the stock’s $373.66 opening price. However, recent insider selling and broader semiconductor-sector pressure ahead of Nvidia’s earnings present potential risks.

Polar Asset Management Partners Inc. purchased a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,100 shares of the semiconductor company's stock, valued at approximately $4,806,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ADI. Banque Transatlantique SA bought a new stake in Analog Devices in the 4th quarter valued at about $25,000. Contravisory Investment Management Inc. purchased a new stake in Analog Devices during the second quarter valued at about $25,000. Manning & Napier Advisors LLC bought a new position in Analog Devices during the second quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new position in Analog Devices during the fourth quarter worth about $26,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new position in shares of Analog Devices in the fourth quarter worth about $27,000. Institutional investors own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

ADI has been the topic of several research reports. Jefferies Financial Group boosted their price target on shares of Analog Devices from $410.00 to $475.00 and gave the company a "buy" rating in a research report on Wednesday, May 20th. Truist Financial lifted their price objective on shares of Analog Devices from $364.00 to $405.00 and gave the company a "hold" rating in a research note on Wednesday, May 20th. Fundamental Research set a $550.00 target price on shares of Analog Devices in a report on Monday, June 29th. Wolfe Research restated an "outperform" rating and set a $475.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Finally, TD Cowen reaffirmed a "buy" rating and issued a $460.00 price target on shares of Analog Devices in a report on Thursday, August 20th. Two investment 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 company's stock. According to data from MarketBeat, Analog Devices currently has a consensus rating of "Buy" and an average target price of $454.63.

Analog Devices Trading Up 0.7%

Shares of Analog Devices stock opened at $373.66 on Wednesday. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91. The company has a market cap of $181.06 billion, a price-to-earnings ratio of 44.33, a PEG ratio of 0.75 and a beta of 1.20. 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's 50-day moving average price is $386.27 and its 200-day moving average price is $372.29.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating analysts' consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion during 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%. Analog Devices's revenue was up 39.2% compared to the same quarter last year. During the same period last year, the business earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

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

Key Analog Devices News

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

Insider Activity

In related news, Director Ray Stata sold 1,432 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the sale, the director owned 120,175 shares in the company, valued at approximately $48,169,745.25. This trade represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction on Monday, July 13th. The shares were sold at an average price of $389.83, for a total value of $389,830.00. Following the sale, the director directly owned 11,019 shares of the company's stock, valued at $4,295,536.77. This represents a 8.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 45,274 shares of company stock valued at $17,889,486 over the last 90 days. Company insiders own 0.36% of the company's stock.

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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