Analog Devices, Inc. $ADI Holdings Boosted by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC grew its stake in Analog Devices, Inc. (NASDAQ:ADI) by 233.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,354 shares of the semiconductor company’s stock after purchasing an additional 2,349 shares during the quarter. RFG Bristol Wealth Advisors LLC’s holdings in Analog Devices were worth $1,331,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Riverbend Wealth Management LLC raised its position in shares of Analog Devices by 2.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock worth $396,000 after purchasing an additional 27 shares during the last quarter. Bridgewater Advisors Inc. boosted its holdings in Analog Devices by 1.5% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock worth $574,000 after buying an additional 27 shares during the last quarter. Silicon Valley Capital Partners increased its stake in Analog Devices by 4.2% during the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock worth $214,000 after buying an additional 27 shares in the last quarter. Cornerstone Financial Management LLC increased its stake in Analog Devices by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock worth $31,000 after buying an additional 28 shares in the last quarter. Finally, Sound Income Strategies LLC raised its holdings in shares of Analog Devices by 12.0% during the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock valued at $90,000 after acquiring an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ADI shares. Robert W. Baird raised their target price on Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. JPMorgan Chase & Co. boosted their price target on Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. The Goldman Sachs Group reissued a “buy” rating and issued a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. Piper Sandler set a $460.00 price objective on Analog Devices in a report on Tuesday, September 8th. Finally, Evercore lowered their target price on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $460.09.

Analog Devices Price Performance

Shares of Analog Devices stock traded up $0.26 on Friday, hitting $406.19. 2,004,449 shares of the company were exchanged, compared to its average volume of 4,039,902. The stock has a market capitalization of $196.83 billion, a price-to-earnings ratio of 48.18, a price-to-earnings-growth ratio of 1.27 and a beta of 1.22. The company has a 50-day moving average price of $380.02 and a 200 day moving average price of $383.39. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year 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.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter last year, the firm earned $2.05 earnings per share. The business’s revenue for the quarter 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, sell-side analysts predict that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Analog Devices News Roundup

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

• Positive Sentiment: Analyst outlook remains constructive. TD Cowen maintained a Buy rating and a $460 price target, above ADI’s recent trading level. Wall Street’s broader consensus remains “Moderate Buy,” with an average target near $460. TD Cowen keeps $460 target for Analog Devices
• Positive Sentiment: ADI is expanding its communications technology footprint. India-based Lekha Wireless plans to integrate Analog Devices radio technology into 4G and 5G products. The agreement is unlikely to materially change near-term earnings, but it reinforces ADI’s exposure to communications infrastructure and 5G demand. Lekha Wireless to integrate Analog Devices technology
• Neutral Sentiment: Reported short interest was zero. The October 9 report lists no shares sold short and a 0.0-day short-interest ratio. This could remove a source of bearish pressure, although the unusual figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
• Neutral Sentiment: Strong fundamentals are balanced by a demanding valuation. ADI’s latest quarter exceeded earnings and revenue expectations, with revenue increasing 39.2% year over year. The stock trades at roughly 48 times earnings, leaving it vulnerable to profit-taking if growth or AI-related semiconductor demand disappoints.
• Negative Sentiment: Several insiders have sold shares. Director Ray Stata sold 1,416 shares for approximately $594,777, CFO Richard Puccio sold 1,500 shares for about $631,620, and Vivek Jain sold a combined 5,305 shares worth roughly $2.16 million. The transactions were made under pre-arranged Rule 10b5-1 plans and do not necessarily indicate weakening business prospects, but the cluster of sales may weigh on sentiment. Analog Devices insider buying and selling

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $356.33, for a total transaction of $3,563,300.00. Following the transaction, the chief executive officer owned 134,660 shares of the company’s stock, valued at approximately $47,983,397.80. The trade was a 6.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the company’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the completion of the sale, the insider directly owned 40,428 shares of the company’s stock, valued at $16,437,216.24. This represents a 7.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,936 shares of company stock worth $19,820,594 in the last quarter. Company insiders own 0.36% of the company’s stock.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.