Puzo Michael J Buys Shares of 43,236 Analog Devices, Inc. $ADI

Puzo Michael J purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 2nd quarter, HoldingsChannel reports. The firm purchased 43,236 shares of the semiconductor company’s stock, valued at approximately $17,172,000. Analog Devices accounts for about 4.4% of Puzo Michael J’s portfolio, making the stock its 6th biggest holding.

A number of other institutional investors also recently modified their holdings of ADI. Vanguard Group Inc. raised its stake in Analog Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after buying an additional 503,970 shares during the last quarter. BlackRock Inc. acquired a new position in Analog Devices in the second quarter valued at $18,610,868,000. State Street Corp boosted its position in Analog Devices by 0.4% during the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after acquiring an additional 88,538 shares during the last quarter. Morgan Stanley boosted its position in Analog Devices by 1.9% during the fourth quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after acquiring an additional 194,535 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Analog Devices by 5.2% during the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock worth $3,250,341,000 after acquiring an additional 501,604 shares during the period. 86.81% of the stock is owned by institutional investors.

Analog Devices Trading Down 0.9%

ADI opened at $373.26 on Thursday. The company has a fifty day moving average price of $389.98 and a two-hundred day moving average price of $370.68. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The company has a market cap of $181.81 billion, a P/E ratio of 55.46, a price-to-earnings-growth ratio of 0.98 and a beta of 1.20. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

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, topping analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business’s revenue was up 39.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts predict that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a $1.10 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s dividend payout ratio is presently 65.38%.

Key Analog Devices News

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

• Positive Sentiment: Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 39.2% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also surpassed expectations of roughly $3.33–$3.34. Growth was led by data-center and industrial demand. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: The company issued above-consensus fiscal fourth-quarter guidance, calling for revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, versus analyst expectations of approximately $4.1 billion and $3.53, respectively. Management cited continued demand for power-management chips used in AI data centers and industrial applications. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
• Positive Sentiment: Goldman Sachs reiterated a Buy rating and a $450 price target following the earnings beat and stronger outlook. Analog Devices also declared a quarterly dividend of $1.10 per share, payable September 15. Goldman Sachs reiterates Buy rating

Insider Transactions at Analog Devices

In other news, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the transaction, the director directly owned 11,019 shares of the company’s stock, valued at $4,295,536.77. This represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the transaction, the director owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 105,274 shares of company stock worth $42,247,986 in the last three months. Insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ADI shares. Argus set a $460.00 price objective on Analog Devices in a research report on Tuesday, May 26th. JPMorgan Chase & Co. upped their target price on Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Wolfe Research reaffirmed an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. KeyCorp lifted their target price on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Weiss Ratings lowered Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $443.24.

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.