Analog Devices, Inc. $ADI Holdings Boosted by North Star Investment Management Corp.

North Star Investment Management Corp. lifted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 626.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,318 shares of the semiconductor company’s stock after acquiring an additional 1,999 shares during the quarter. North Star Investment Management Corp.’s holdings in Analog Devices were worth $920,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. purchased a new stake in Analog Devices during the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC purchased a new position in Analog Devices in the second quarter worth about $25,000. Nvwm LLC grew its position in Analog Devices by 590.0% during the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 59 shares during the period. Dunhill Financial LLC purchased a new position in shares of Analog Devices during the 2nd quarter worth $32,000. Finally, Cornerstone Financial Management LLC lifted its position in Analog Devices by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the transaction, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at $45,830,692.40. This trade represents a 7.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of Analog Devices stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the sale, the insider owned 14,849 shares of the company’s stock, valued at $6,162,631.98. The trade was a 7.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 52,436 shares of company stock valued at $20,014,954 over the last quarter. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

ADI has been the subject of a number of analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $510.00 price objective (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. Arete Research raised their target price on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research note on Sunday, October 25th. Needham & Company LLC increased their price target on Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Finally, JPMorgan Chase & Co. raised their target price on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $460.55.

Analog Devices Trading Up 1.2%

NASDAQ ADI opened at $433.28 on Friday. The company has a market capitalization of $209.95 billion, a price-to-earnings ratio of 51.40, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. The company’s 50-day simple moving average is $387.60 and its two-hundred day simple moving average is $370.51. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its 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. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. Analog Devices’s revenue 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. Equities analysts forecast that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Analog Devices’s dividend payout ratio is presently 52.19%.

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.