Analog Devices, Inc. $ADI Shares Sold by Lathrop Investment Management Co.

Lathrop Investment Management Co. lessened its position in Analog Devices, Inc. (NASDAQ:ADI) by 2.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 67,891 shares of the semiconductor company’s stock after selling 1,486 shares during the period. Analog Devices makes up 3.3% of Lathrop Investment Management Co.’s investment portfolio, making the stock its 6th largest holding. Lathrop Investment Management Co.’s holdings in Analog Devices were worth $18,412,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of Analog Devices by 36.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after purchasing an additional 464 shares in the last quarter. Ieq Capital LLC increased its holdings in shares of Analog Devices by 38.0% in the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock valued at $10,610,000 after purchasing an additional 12,276 shares in the last quarter. HUB Investment Partners LLC purchased a new position in shares of Analog Devices in the 2nd quarter valued at about $644,000. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of Analog Devices by 2.4% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock valued at $14,322,000 after purchasing an additional 1,406 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

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

Analyst Upgrades and Downgrades

ADI has been the subject of a number of research analyst reports. Barclays increased their price target on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday. Benchmark boosted their price target on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Morgan Stanley reissued an “overweight” rating and set a $373.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price objective on shares of Analog Devices in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $429.85.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Analog Devices reported fiscal Q2 results that beat expectations, with revenue up 37.2% year over year and guidance for next quarter coming in above Wall Street estimates, reinforcing momentum in industrial, data center, and power products.
• Positive Sentiment: Several analysts raised price targets after the earnings beat, including Baird and Needham, signaling higher confidence in ADI’s execution and growth outlook.
• Positive Sentiment: ADI announced a $1.5 billion all-cash acquisition of Empower Semiconductor, a move aimed at strengthening its AI power solutions business as demand for AI infrastructure accelerates. Analog Devices Expands AI Power Strategy with $1.5B Empower Acquisition
• Positive Sentiment: Management also highlighted surging AI infrastructure demand, suggesting ADI is increasingly tied to the buildout of hyperscale and data center power/optical systems. Analog Devices CEO drops bombshell message on exploding AI infrastructure demand
• Neutral Sentiment: Analog Devices said CFO Richard Puccio will speak at the Bank of America Global Technology Conference on June 2, which could offer more color on business trends but is not a major fundamental event. Analog Devices to Participate in the Bank of America Global Technology Conference

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $397.07 on Friday. The stock has a market cap of $193.41 billion, a price-to-earnings ratio of 59.00, a PEG ratio of 1.32 and a beta of 1.19. Analog Devices, Inc. has a 52 week low of $206.00 and a 52 week high of $435.72. The company’s 50-day moving average price is $361.62 and its 200 day moving average price is $315.79. The company has a current ratio of 1.75, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. During the same period in the prior year, the company earned $1.85 EPS. The firm’s revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, research analysts forecast that Analog Devices, Inc. will post 12.06 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 65.38%.

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.