HighTower Advisors LLC Raises Stock Holdings in Analog Devices, Inc. $ADI

HighTower Advisors LLC boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 5.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 300,889 shares of the semiconductor company’s stock after acquiring an additional 15,310 shares during the period. HighTower Advisors LLC’s holdings in Analog Devices were worth $81,601,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ADI. Amundi lifted its holdings in shares of Analog Devices by 44.8% during the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock valued at $1,507,740,000 after buying an additional 1,922,302 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Analog Devices by 29.2% during the 3rd quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock valued at $1,186,714,000 after buying an additional 1,091,004 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Analog Devices by 3,456.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock valued at $287,398,000 after buying an additional 1,029,927 shares during the period. Rafferty Asset Management LLC lifted its holdings in shares of Analog Devices by 47.5% during the 2nd quarter. Rafferty Asset Management LLC now owns 1,802,338 shares of the semiconductor company’s stock valued at $428,992,000 after buying an additional 580,546 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Analog Devices by 10.1% during the 3rd quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company’s stock valued at $1,446,262,000 after buying an additional 541,760 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

NASDAQ:ADI opened at $398.05 on Thursday. The stock has a 50-day simple moving average of $358.76 and a two-hundred day simple moving average of $314.16. Analog Devices, Inc. has a 52-week low of $206.00 and a 52-week high of $435.72. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The firm has a market capitalization of $194.33 billion, a PE ratio of 72.77, a P/E/G ratio of 1.67 and a beta of 1.19.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the previous year, the company posted $1.85 earnings per share. Analog Devices’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts forecast that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is 80.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Evercore reissued an “outperform” rating and set a $387.00 price target on shares of Analog Devices in a report on Thursday, February 19th. The Goldman Sachs Group reissued a “buy” rating and set a $450.00 price target on shares of Analog Devices in a report on Wednesday. Barclays raised their price objective on shares of Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Robert W. Baird set a $365.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Finally, Oppenheimer raised their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average price target of $388.42.

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $397.91, for a total value of $3,979,100.00. Following the sale, the chief executive officer owned 187,538 shares in the company, valued at $74,623,245.58. The trade was a 5.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares in the company, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 24,199 shares of company stock valued at $8,676,423. Corporate insiders own 0.36% of the company’s stock.

Key Analog Devices News

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

• Positive Sentiment: Analog Devices reported fiscal Q2 EPS of $3.09, above estimates, on revenue of $3.62 billion, also ahead of forecasts, with revenue up 37.2% year over year. PR Newswire earnings release
• Positive Sentiment: The company issued upbeat Q3 guidance, calling for EPS of $3.15 to $3.45 and revenue of $3.8 billion to $4.0 billion, both above consensus, which suggests momentum should continue. Reuters guidance report
• Positive Sentiment: ADI announced a $1.5 billion all-cash acquisition of Empower Semiconductor, a move aimed at expanding its AI data-center power-management portfolio and addressing power bottlenecks in next-generation AI systems. Reuters acquisition report
• Neutral Sentiment: Analysts remain constructive overall, with Needham reiterating a Buy rating and lifting its target to $440, reflecting confidence in the earnings beat and AI-related growth story. TipRanks analyst update
• Negative Sentiment: Despite the strong report, investors may be weighing integration risk and capital allocation concerns tied to the Empower deal, which can pressure the stock in the near term. Invezz analysis

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.