Analog Devices, Inc. $ADI Stock Acquired by CoreCap Advisors LLC

CoreCap Advisors LLC lifted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 13.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,996 shares of the semiconductor company’s stock after buying an additional 2,704 shares during the period. CoreCap Advisors LLC’s holdings in Analog Devices were worth $9,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Analog Devices in the second quarter valued at $18,610,868,000. State Street Corp grew its holdings in shares of Analog Devices by 0.4% during the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock worth $6,369,833,000 after purchasing an additional 88,538 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Analog Devices during the second quarter worth about $3,573,081,000. Van ECK Associates Corp lifted its holdings in shares of Analog Devices by 24.7% in the 2nd quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company’s stock valued at $3,345,316,000 after purchasing an additional 1,670,957 shares during the last quarter. Finally, Amundi lifted its holdings in shares of Analog Devices by 5.3% in the 1st quarter. Amundi now owns 5,044,271 shares of the semiconductor company’s stock valued at $1,604,771,000 after purchasing an additional 254,632 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ADI. Evercore decreased their target price on Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. KeyCorp increased their price objective on Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. The Goldman Sachs Group restated a “buy” rating and set a $480.00 target price (up from $450.00) on shares of Analog Devices in a research report on Wednesday, August 19th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $460.00 target price (up from $450.00) on shares of Analog Devices in a report on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $460.09.

Analog Devices News Summary

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

• Positive Sentiment: Analysts remain constructive. Bank of America identified ADI among the strongest analog semiconductor performers. The stock maintains a “Moderate Buy” consensus rating, with an average price target of approximately $460, above recent trading levels. Analog Devices, STMicro and TI seen as strongest analog performers: BofA
• Positive Sentiment: New customer and industry applications support growth prospects. Lekha Wireless is integrating ADI radio technology into 5G and 4G products. Separately, ADI is collaborating with Moët Hennessy and UC Davis on AI-enabled chemical-signature detection for wine production. These projects are strategically positive, although they are unlikely to materially affect near-term earnings. Lekha Wireless to integrate Analog Devices radio technology
• Neutral Sentiment: Fundamentals remain strong, but expectations are high. ADI’s latest quarter exceeded earnings and revenue estimates, while revenue increased 39.2% year over year. However, a valuation near 49 times earnings leaves the shares vulnerable to profit-taking if growth slows or guidance disappoints.
• Negative Sentiment: Recent insider selling is weighing on sentiment. CFO Richard Puccio sold 1,500 shares for about $632,000, and Director Ray Stata sold 1,416 shares for approximately $595,000. The transactions were made under pre-arranged Rule 10b5-1 plans and the executives retain substantial holdings, reducing their significance as a fundamental warning. Nevertheless, multiple recent insider sales can pressure the stock in the short term. Analog Devices SEC insider transaction filing

Insider Buying and Selling

In other news, insider Vivek Jain sold 2,000 shares of Analog Devices stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $416.98, for a total value of $833,960.00. Following the sale, the insider owned 45,733 shares of the company’s stock, valued at $19,069,746.34. The trade was a 4.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the transaction, the chief executive officer owned 115,460 shares in the company, valued at approximately $45,830,692.40. This trade represents a 7.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 46,631 shares of company stock worth $17,657,267. 0.36% of the stock is currently owned by insiders.

Analog Devices Stock Performance

ADI traded down $4.15 on Thursday, hitting $405.93. 3,703,405 shares of the company traded hands, compared to its average volume of 4,050,445. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91. The company has a 50 day moving average of $378.46 and a 200-day moving average of $382.55. 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 stock has a market capitalization of $196.70 billion, a PE ratio of 48.15, a PEG ratio of 1.30 and a beta of 1.22.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The company’s revenue was up 39.2% on a year-over-year basis. During the same period last year, the business posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Sell-side analysts anticipate 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 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%.

Analog Devices Profile

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.