Analog Devices, Inc. $ADI Shares Bought by New England Research & Management Inc.

New England Research & Management Inc. grew its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 200.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,630 shares of the semiconductor company’s stock after purchasing an additional 1,755 shares during the period. New England Research & Management Inc.’s holdings in Analog Devices were worth $1,043,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of ADI. Banque Transatlantique SA acquired a new position in Analog Devices during the 4th quarter worth about $25,000. Contravisory Investment Management Inc. purchased a new position in Analog Devices during the 2nd quarter valued at about $25,000. Manning & Napier Advisors LLC acquired a new position in Analog Devices in the 2nd quarter valued at about $25,000. Nvwm LLC grew its position in Analog Devices by 590.0% in the 3rd quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. Finally, Evolution Wealth Management Inc. purchased a new stake in Analog Devices during the first quarter worth about $30,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analog Devices Stock Down 2.1%

ADI traded down $8.51 on Friday, reaching $395.44. The company’s stock had a trading volume of 4,768,076 shares, compared to its average volume of 3,202,071. The stock has a 50 day moving average of $382.76 and a two-hundred day moving average of $386.52. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $191.62 billion, a price-to-earnings ratio of 46.91, a P/E/G ratio of 1.24 and a beta of 1.22. Analog Devices, Inc. has a fifty-two week low of $223.47 and a fifty-two week high of $445.91.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 39.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, analysts forecast that Analog Devices, Inc. will post 12.99 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the sale, the chief executive officer directly owned 115,460 shares in the company, valued at approximately $45,830,692.40. The trade was a 7.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the sale, the insider directly owned 14,849 shares in the company, valued at approximately $6,162,631.98. This represents a 7.48% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 50,936 shares of company stock worth $19,430,764. 0.36% of the stock is currently owned by insiders.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: KeyCorp raised its earnings outlook across fiscal 2026 and 2027. The firm increased its FY2026 EPS estimate to $13.06 from $12.62 and its FY2027 forecast to $17.88 from $15.32. Quarterly estimates were also lifted, including Q4 2026 to $4.07 from $3.67 and Q1–Q4 2027 estimates ranging from $4.17 to $4.74. KeyCorp maintained an “Overweight” rating and a $525 price target, suggesting confidence in improving demand and earnings growth. KeyCorp raises Analog Devices earnings estimates
• Positive Sentiment: Analog Devices is partnering with InoBat on battery-energy-storage systems for AI data centers. The collaboration could position ADI to benefit from rising power-management and energy-storage needs associated with data-center expansion and artificial-intelligence infrastructure. The report did not provide financial terms or near-term revenue estimates. InoBat and Analog Devices partnership
• Neutral Sentiment: KeyBanc reiterated its $525 price target. Maintaining the target provides continued valuation support, but the lack of a target-price increase represents limited incremental upside from this update. KeyBanc maintains Analog Devices price target

Wall Street Analyst Weigh In

ADI has been the topic of several research reports. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Morgan Stanley lifted their price objective on shares of Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. KeyCorp upped their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Evercore cut their target price on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $460.09.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.