Dearborn Partners LLC Acquires New Holdings in Analog Devices, Inc. $ADI

Dearborn Partners LLC bought a new stake in Analog Devices, Inc. (NASDAQ:ADI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,778 shares of the semiconductor company’s stock, valued at approximately $1,501,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Contravisory Investment Management Inc. purchased a new stake in shares of Analog Devices during the second quarter worth about $25,000. Manning & Napier Advisors LLC purchased a new position in shares of Analog Devices in the 2nd quarter valued at approximately $25,000. Dunhill Financial LLC purchased a new position in shares of Analog Devices in the 2nd quarter valued at approximately $32,000. Quantbot Technologies LP acquired a new stake in Analog Devices in the 2nd quarter worth approximately $33,000. Finally, Caitlin John LLC purchased a new stake in Analog Devices during the 2nd quarter worth approximately $35,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Up 0.7%

Shares of NASDAQ ADI opened at $374.52 on Friday. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company’s 50-day simple moving average is $384.22 and its 200-day simple moving average is $373.02. The firm has a market cap of $181.48 billion, a price-to-earnings ratio of 44.43, a price-to-earnings-growth ratio of 0.76 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The firm’s revenue was up 39.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities analysts predict that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Argus set a $460.00 price objective on Analog Devices in a report on Tuesday, May 26th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $550.00 target price on shares of Analog Devices in a report on Monday, August 17th. Bank of America upped their target price on Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Oppenheimer increased their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $454.63.

Insider Buying and Selling

In other Analog Devices news, 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 value of $7,354,292.00. Following the transaction, the senior vice president directly owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Karen Golz sold 1,000 shares of the business’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 value of $389,830.00. Following the transaction, the director owned 11,019 shares in the company, valued at approximately $4,295,536.77. This represents a 8.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,957 shares of company stock worth $18,894,431 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

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.