TrinityBridge Ltd Invests $129.09 Million in Analog Devices, Inc. $ADI

TrinityBridge Ltd bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 325,165 shares of the semiconductor company’s stock, valued at approximately $129,094,000. Analog Devices makes up about 3.4% of TrinityBridge Ltd’s investment portfolio, making the stock its 10th largest position. TrinityBridge Ltd owned approximately 0.07% of Analog Devices at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Analog Devices by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after purchasing an additional 503,970 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Analog Devices in the second quarter valued at $18,610,868,000. State Street Corp increased its stake in shares of Analog Devices by 0.4% during the 4th 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 holdings in shares of Analog Devices by 1.9% in the 4th quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after purchasing an additional 194,535 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of 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 valued at $3,250,341,000 after buying an additional 501,604 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Strong Q3 beat and upbeat outlook: Fiscal third-quarter revenue reached a record $4.02 billion, up approximately 40% year over year and above the roughly $3.91 billion consensus estimate. Non-GAAP EPS of $3.45 also exceeded expectations. Management guided for fourth-quarter revenue of $4.2 billion-$4.4 billion and EPS of $3.71-$4.01, both ahead of Wall Street forecasts. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: AI and data-center demand are accelerating: Growth in data-center power-management and optical products, along with industrial demand, is supporting momentum into fiscal 2027. ADI says a potential 100-gigawatt data-center buildout by 2031 could represent a significant long-term opportunity. Analog Devices Sees 100 GW Data Center Buildout
• Positive Sentiment: Analysts raised targets: JPMorgan lifted its target to $500 and maintained an Overweight rating. Needham raised its target to $450, while TD Cowen reaffirmed Buy with a $460 target; Susquehanna also reiterated Buy with a $475 target. These revisions indicate improving confidence in ADI’s AI infrastructure growth. Analog Devices Is Cashing in on the AI Boom
• Positive Sentiment: Shareholder returns remain supportive: ADI declared a quarterly dividend of $1.10 per share, payable September 15 to shareholders of record September 1, and returned approximately $1.7 billion through dividends and repurchases during the quarter.
• Neutral Sentiment: ADI is increasingly being viewed as a dividend-paying way to participate in the AI boom, potentially broadening its appeal to income-oriented investors. 3 Buy-Rated Dividend Stocks to Play the AI Boom
• Negative Sentiment: Valuation and AI-trade concerns are limiting the reaction: One analyst argued that the stock’s elevated valuation and multiple contraction could overshadow the strong fundamentals, warning that investor enthusiasm around AI may be creating additional downside risk. Analog Devices Earnings Reaction Warning

Insider Buying and Selling

In related news, Director Ray Stata sold 1,432 shares of Analog Devices stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total transaction 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 trade represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the sale, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 75,274 shares of company stock valued at $30,343,386. 0.36% of the stock is currently owned by company insiders.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $370.24 on Friday. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a current ratio of 1.25, a quick ratio of 1.34 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $180.34 billion, a price-to-earnings ratio of 43.92, a PEG ratio of 0.97 and a beta of 1.20. The business has a fifty day simple moving average of $389.14 and a 200 day simple moving average of $371.10.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The business’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Sell-side analysts expect that Analog Devices, Inc. will post 12.42 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ADI shares. Needham & Company LLC lifted their target price on shares of Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a report on Thursday. Barclays increased their target price on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Jefferies Financial Group upped their price objective on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Citigroup increased their price target on Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Fundamental Research set a $550.00 price target on Analog Devices in a research report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $447.13.

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.