MAI Capital Management Has $4.95 Million Stock Position in Analog Devices, Inc. $ADI

MAI Capital Management increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 159.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,136 shares of the semiconductor company’s stock after purchasing an additional 12,375 shares during the quarter. MAI Capital Management’s holdings in Analog Devices were worth $4,947,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Analog Devices by 0.3% during 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 grew its position in Analog Devices by 2.2% during the 2nd quarter. State Street Corp now owns 23,317,256 shares of the semiconductor company’s stock worth $5,549,973,000 after purchasing an additional 506,507 shares in the last quarter. Geode Capital Management LLC raised its stake in Analog Devices by 5.7% during 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 period. Norges Bank acquired a new stake in Analog Devices during the 2nd quarter valued at $1,803,377,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Analog Devices by 6.3% in the second quarter. Ameriprise Financial Inc. now owns 6,326,772 shares of the semiconductor company’s stock valued at $1,506,448,000 after purchasing an additional 375,207 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Trading Down 1.8%

NASDAQ:ADI opened at $354.35 on Friday. The company has a market capitalization of $172.99 billion, a P/E ratio of 64.78, a P/E/G ratio of 1.68 and a beta of 1.03. The stock’s 50 day moving average price is $308.85 and its 200 day moving average price is $268.40. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $363.20.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the previous year, the company earned $1.63 earnings per share. The company’s revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm 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 $1.10 dividend. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio is currently 72.39%.

Key Analog Devices News

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

• Positive Sentiment: Analog Devices reported stronger-than-expected Q1 results, raised Q2 guidance and announced an 11% dividend increase and continued buybacks — reinforcing upside from AI/data-center and industrial demand. This is the primary bullish catalyst supporting the stock’s recent gains. Read More.
• Positive Sentiment: Major research outlets and screeners are highlighting ADI as a top growth name (Zacks coverage, rank upgrades) and noting it hit a 52‑week high, which can attract momentum and institutional interest. Read More. Read More.
• Positive Sentiment: Celebrity/retail influencer visibility: Jim Cramer cited Analog Devices favorably relative to some peers, which can increase retail interest and short-term flows. Read More.
• Neutral Sentiment: Short-interest reports in the feed show anomalous/zero values and NaN changes — the data appears unreliable and should be treated with caution; no clear short-squeeze signal from these entries.
• Neutral Sentiment: Several media pieces recap long-term performance (e.g., what a $1,000 investment would have done) — useful for buy-and-hold investors but unlikely to move near-term price action. Read More.
• Negative Sentiment: Insider selling: CAO Michael Sondel sold 4,199 shares (~$1.5M) and reduced his holding by ~22%, as disclosed in an SEC filing. Large insider sales can create short-term negative perception even when company fundamentals are strong. Read More.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ADI. Wells Fargo & Company lifted their price target on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a $410.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. The Goldman Sachs Group increased their price target on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. UBS Group raised their price target on shares of Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Finally, Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.

Insider Activity

In related news, Director Ray Stata sold 3,125 shares of the firm’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 transaction, the director directly owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $150,730.00. Following the completion of the sale, the senior vice president owned 12,710 shares of the company’s stock, valued at approximately $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 57,743 shares of company stock valued at $16,836,340. Corporate insiders own 0.36% of the company’s stock.

Analog Devices 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.