Analog Devices, Inc. $ADI Shares Acquired by Neo Ivy Capital Management

Neo Ivy Capital Management grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 350.8% during the third quarter, HoldingsChannel reports. The fund owned 2,696 shares of the semiconductor company’s stock after purchasing an additional 2,098 shares during the period. Neo Ivy Capital Management’s holdings in Analog Devices were worth $662,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Howard Hughes Medical Institute acquired a new position in Analog Devices in the second quarter valued at approximately $25,000. Clayton Financial Group LLC purchased a new position in Analog Devices in the third quarter valued at approximately $31,000. Y.D. More Investments Ltd acquired a new stake in Analog Devices during the third quarter worth approximately $32,000. LFA Lugano Financial Advisors SA raised its holdings in Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 65 shares in the last quarter. Finally, Valley Wealth Managers Inc. purchased a new stake in shares of Analog Devices during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $315.81 on Friday. The firm’s fifty day simple moving average is $316.34 and its 200-day simple moving average is $273.14. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $363.20. The stock has a market capitalization of $154.18 billion, a price-to-earnings ratio of 57.74, a PEG ratio of 1.45 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the prior year, the business earned $1.63 EPS. Analog Devices’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s payout ratio is currently 80.44%.

Insider Activity

In related news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the transaction, the director owned 123,821 shares in the company, valued at $39,288,403.30. The trade was a 2.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the sale, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 57,743 shares of company stock valued at $16,836,340. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on ADI shares. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 20th. Citigroup reissued a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Robert W. Baird set a $365.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price objective (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. Finally, Piper Sandler lifted 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. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $366.96.

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.