Van ECK Associates Corp Grows Stock Position in Analog Devices, Inc. $ADI

Key Points

• Van ECK Associates increased its stake in Analog Devices by 10.1% in Q3 to 5,886,294 shares (about 1.20% of ADI), a position valued at roughly $1.446 billion and ranked as Van ECK's 20th largest holding.
• Analog Devices reported stronger-than-expected quarterly results with EPS of $2.46 (vs. $2.31 est.) and revenue of $3.16 billion (up 30.4% YoY), and issued Q2 2026 guidance of $2.73–$3.03 EPS; the company has a market cap of about $156 billion and a consensus target near $367.
• Management raised the quarterly dividend to $1.10 (annualized $4.40, yield ~1.4%) and institutional ownership is high at 86.8%, while insiders have sold 57,743 shares (~$16.8M) over the past 90 days.

Van ECK Associates Corp raised its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 10.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,886,294 shares of the semiconductor company's stock after buying an additional 541,760 shares during the period. Analog Devices comprises about 1.3% of Van ECK Associates Corp's holdings, making the stock its 20th largest position. Van ECK Associates Corp owned 1.20% of Analog Devices worth $1,446,262,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Analog Devices by 0.3% in the third quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company's stock valued at $12,380,652,000 after acquiring an additional 162,075 shares during the period. State Street Corp increased its holdings in shares of Analog Devices by 2.2% in the 2nd quarter. State Street Corp now owns 23,317,256 shares of the semiconductor company's stock valued at $5,549,973,000 after acquiring an additional 506,507 shares during the period. Geode Capital Management LLC raised its position in Analog Devices by 5.7% in the 2nd quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company's stock valued at $2,770,448,000 after purchasing an additional 633,425 shares during the last quarter. Norges Bank acquired a new stake in Analog Devices during the 2nd quarter worth $1,803,377,000. Finally, Ameriprise Financial Inc. grew its position in Analog Devices by 6.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,326,772 shares of the semiconductor company's stock worth $1,506,448,000 after purchasing an additional 375,207 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Stock Performance

Shares of ADI stock opened at $319.48 on Tuesday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $317.22 and a 200-day simple moving average of $273.85. The company has a market cap of $155.97 billion, a price-to-earnings ratio of 58.41, a price-to-earnings-growth ratio of 1.45 and a beta of 1.00. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20.

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

Analog Devices Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Truist Financial increased their target price on shares of Analog Devices from $291.00 to $364.00 and gave the stock a "hold" rating in a research note on Thursday, February 19th. Sanford C. Bernstein restated a "market perform" rating and issued a $270.00 price target on shares of Analog Devices in a research report on Wednesday, November 26th. Robert W. Baird set a $365.00 price objective on Analog Devices in a research note on Thursday, February 19th. Evercore reaffirmed an "outperform" rating and set a $387.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $410.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Analog Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $366.96.

Insider Activity at Analog Devices

In other news, SVP Katsufumi Nakamura sold 500 shares of the business'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 sale, the senior vice president owned 12,710 shares of the company's stock, valued at $3,831,556.60. The trade was a 3.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company's stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the completion of the sale, the director owned 123,821 shares in the company, valued at approximately $39,288,403.30. This represents a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,743 shares of company stock valued at $16,836,340 in the last ninety days. Company insiders own 0.36% of the company's stock.

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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