Emerald Investment Advisers LLC Purchases Shares of 18,058 Analog Devices, Inc. $ADI

Emerald Investment Advisers LLC acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,058 shares of the semiconductor company’s stock, valued at approximately $7,172,000.

Several other large investors have also modified their holdings of ADI. Banque Transatlantique SA purchased a new stake in Analog Devices in the fourth quarter valued at approximately $25,000. Contravisory Investment Management Inc. acquired a new position in Analog Devices during the second quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices in the 4th quarter valued at $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Analog Devices in the 4th quarter valued at $27,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Analog Devices during the 1st quarter valued at $30,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ADI shares. Truist Financial upped their price objective on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a report on Wednesday, May 20th. Morgan Stanley lifted their target price on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a report on Thursday. Wells Fargo & Company dropped their price target on Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Thursday. JPMorgan Chase & Co. raised their price objective on Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, TD Cowen reaffirmed a “buy” rating and issued a $460.00 price objective on shares of Analog Devices in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $447.13.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Strong earnings and guidance: ADI reported record fiscal Q3 revenue of $4.02 billion, up about 40% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also exceeded expectations. Management’s fiscal Q4 EPS outlook of $3.71 to $4.01 points to continued momentum. Analog Devices Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI and data-center growth: Revenue from data-center applications reportedly more than doubled, while demand tied to AI infrastructure, power management, optical connectivity and energy systems is creating a multiyear growth opportunity. Management highlighted a potential 100-gigawatt data-center buildout by 2031. Analog Devices Q3 Earnings Call Highlights AI Power Growth Runway
• Positive Sentiment: Broad analyst support: JPMorgan raised its price target to $500 and maintained an Overweight rating. Needham, TD Cowen and Susquehanna also reiterated Buy-equivalent ratings, with targets ranging from $450 to $475. These revisions reflect confidence in AI demand, margin expansion and an improving industrial recovery. Analog Devices Is Cashing in on the AI Boom
• Neutral Sentiment: Relative investment appeal: Comparisons with Texas Instruments and dividend-focused AI investment ideas portray ADI as a financially solid way to gain analog-chip and AI exposure, though they do not represent new company-specific catalysts. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
• Negative Sentiment: Macro and valuation risks: Semiconductor stocks faced pressure from a sharp rise in the 30-year Treasury yield, which can weigh on high-valuation growth shares. One analysis also downgraded ADI, arguing that multiple contraction and elevated expectations could limit gains despite strong fundamentals. Chip Stocks Fell on Higher Treasury Yields

Insider Buying and Selling

In related news, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. This trade represents a 23.80% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the transaction, the director directly owned 114,511 shares in the company, valued at $43,213,016.07. This trade represents a 1.22% 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 sold 75,274 shares of company stock worth $30,343,386 over the last three months. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Stock Performance

Shares of ADI stock opened at $373.09 on Friday. The company’s fifty day simple moving average is $388.25 and its 200-day simple moving average is $371.11. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week 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 company has a market cap of $180.79 billion, a PE ratio of 44.26, a P/E/G ratio of 0.94 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the prior year, the company earned $2.05 EPS. The firm’s revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, equities research analysts anticipate that Analog Devices, Inc. will post 12.72 EPS for the current year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices’s payout ratio is currently 52.19%.

About Analog Devices

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.