Mar Vista Investment Partners LLC Has $32.40 Million Position in Analog Devices, Inc. $ADI

Mar Vista Investment Partners LLC cut its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 119,464 shares of the semiconductor company’s stock after selling 3,642 shares during the period. Analog Devices comprises approximately 3.0% of Mar Vista Investment Partners LLC’s holdings, making the stock its 17th largest position. Mar Vista Investment Partners LLC’s holdings in Analog Devices were worth $32,399,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. &PARTNERS lifted its position in shares of Analog Devices by 20.9% during the 4th quarter. &PARTNERS now owns 212,621 shares of the semiconductor company’s stock valued at $57,656,000 after acquiring an additional 36,800 shares during the period. Siemens Fonds Invest GmbH lifted its position in Analog Devices by 4.2% in the 4th quarter. Siemens Fonds Invest GmbH now owns 21,099 shares of the semiconductor company’s stock valued at $5,798,000 after acquiring an additional 848 shares in the last quarter. ExodusPoint Capital Management LP boosted its position in shares of Analog Devices by 41.6% during the fourth quarter. ExodusPoint Capital Management LP now owns 61,327 shares of the semiconductor company’s stock valued at $16,632,000 after buying an additional 18,007 shares during the last quarter. Blair William & Co. IL boosted its position in shares of Analog Devices by 1.6% during the fourth quarter. Blair William & Co. IL now owns 45,133 shares of the semiconductor company’s stock valued at $12,240,000 after buying an additional 712 shares during the last quarter. Finally, Night Squared LP bought a new stake in Analog Devices during the fourth quarter worth $8,410,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the transaction, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 101,442 shares of company stock valued at $40,422,954 over the last 90 days. 0.36% of the stock is owned by insiders.

Analog Devices Stock Performance

NASDAQ:ADI opened at $416.00 on Wednesday. The business’s fifty day moving average is $395.90 and its 200 day moving average is $337.71. The firm has a market cap of $202.63 billion, a price-to-earnings ratio of 61.81, a PEG ratio of 1.20 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $439.70.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping 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 business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter last year, the company earned $1.85 EPS. The firm’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. Research analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is presently 65.38%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 price target on shares of Analog Devices in a research report on Wednesday, May 20th. JPMorgan Chase & Co. boosted their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. UBS Group increased their price objective on Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Benchmark increased their target price on shares of Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, Truist Financial boosted their price target on shares of Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a research report on Wednesday, May 20th. Two investment 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 stock. According to MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $432.71.

Analog Devices News Roundup

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

• Positive Sentiment: Leverage Shares by Themes launched a new 2X leveraged single-stock ETF tied to ADI, which can increase trading interest and visibility in the name. Leverage Shares by Themes Continues Expansion of Leveraged Single Stock ETF Offering with AXTI, APH, TEL, FN, KEYS, ADI, MCHP, & TSEM
• Positive Sentiment: An investor letter highlighted Analog Devices as having benefited from improved demand and better end-market conditions, reinforcing the view that business fundamentals remain healthy. Analog Devices (ADI) Gained from Improved Demand and End Market Conditions
• Positive Sentiment: A recent market note described ADI as one of the AI-related chip names with durable “moats,” suggesting investors may continue to view it as a long-term beneficiary of AI and semiconductor demand. 3 AI Stocks With Moats That Could Outlast Summer Volatility (ADI)
• Neutral Sentiment: The company also drew fresh attention after a director sold 1,000 shares, but the sale was made under a pre-arranged 10b5-1 plan, so it is less likely to be interpreted as a negative signal by investors. Analog Devices (NASDAQ:ADI) Director Karen Golz Sells 1,000 Shares of Stock
• Neutral Sentiment: Additional articles compared ADI with peers and sector performance, but these pieces were mostly descriptive rather than new catalysts for the stock. Has Analog Devices (ADI) Outpaced Other Computer and Technology Stocks This Year?

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.