Eurizon Capital SGR S.p.A. Invests $119.23 Million in Analog Devices, Inc. $ADI

Eurizon Capital SGR S.p.A. bought a new position in Analog Devices, Inc. (NASDAQ:ADI) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 439,352 shares of the semiconductor company’s stock, valued at approximately $119,229,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Entrust Financial LLC acquired a new stake in shares of Analog Devices in the fourth quarter worth $33,000. Albion Financial Group UT boosted its position in shares of Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after buying an additional 36 shares during the period. CBIZ Investment Advisory Services LLC boosted its position in shares of Analog Devices by 56.1% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the semiconductor company’s stock worth $35,000 after buying an additional 46 shares during the period. Barnes Dennig Private Wealth Management LLC boosted its position in shares of Analog Devices by 61.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after buying an additional 49 shares during the period. Finally, Y.D. More Investments Ltd acquired a new stake in shares of Analog Devices in the third quarter worth $32,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Price Performance

NASDAQ ADI opened at $413.85 on Friday. Analog Devices, Inc. has a fifty-two week low of $210.80 and a fifty-two week high of $435.72. The stock’s 50-day moving average is $372.03 and its two-hundred day moving average is $322.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The firm has a market cap of $201.58 billion, a P/E ratio of 61.49, a price-to-earnings-growth ratio of 1.17 and a beta of 1.19.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period last year, the company earned $1.85 earnings per share. The business’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, analysts anticipate that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

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

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Raymond James raised its price target on Analog Devices to $430 from $385 and kept an Outperform rating, reinforcing confidence in the company’s post-earnings momentum. Article on Raymond James raising ADI price target
• Positive Sentiment: Evercore ISI also boosted its target to $474 from $387 after ADI posted a “beat-and-raise” quarter, signaling stronger-than-expected demand and earnings power. Article on Evercore ISI target hike
• Positive Sentiment: Analysts highlighted ADI’s industrial segment strength, with 56% year-over-year growth in the latest quarter driven by AI infrastructure, automation, and defense demand. Article on industrial segment growth
• Positive Sentiment: ADI’s strong quarterly results and upbeat guidance continue to support the stock’s bullish narrative, with revenue and EPS both topping expectations. Zacks article on ADI earnings and outlook
• Neutral Sentiment: CEO Vincent Roche sold 30,000 shares, which can create some investor caution, but the sale appears more like routine insider activity than a fundamental warning sign.
• Neutral Sentiment: Broader semiconductor and technology-sector strength is also providing a favorable backdrop for ADI shares.

Analyst Ratings Changes

ADI has been the subject of several recent analyst reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Piper Sandler raised their target price on Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Robert W. Baird raised their target price on Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Cantor Fitzgerald increased their price objective on Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Finally, Wolfe Research reiterated an “outperform” rating and set a $475.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $432.71.

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. This trade represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 80,000 shares of company stock worth $31,519,000 in the last 90 days. 0.36% of the stock is owned by company insiders.

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.