Analog Devices, Inc. $ADI Stock Position Raised by North Star Investment Management Corp.

North Star Investment Management Corp. grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 626.6% during the third quarter, HoldingsChannel reports. The firm owned 2,318 shares of the semiconductor company’s stock after acquiring an additional 1,999 shares during the period. North Star Investment Management Corp.’s holdings in Analog Devices were worth $920,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ADI. VestGen Advisors LLC raised its position in shares of Analog Devices by 12.0% during the 3rd quarter. VestGen Advisors LLC now owns 3,951 shares of the semiconductor company’s stock valued at $1,567,000 after buying an additional 424 shares during the period. Conning Inc. lifted its holdings in Analog Devices by 30.0% in the third quarter. Conning Inc. now owns 112,295 shares of the semiconductor company’s stock valued at $44,549,000 after acquiring an additional 25,895 shares during the last quarter. AMI Investment Management Inc. lifted its holdings in Analog Devices by 3.8% in the third quarter. AMI Investment Management Inc. now owns 1,271 shares of the semiconductor company’s stock valued at $504,000 after acquiring an additional 46 shares during the last quarter. Victory Financial Group LLC grew its position in Analog Devices by 54.3% in the third quarter. Victory Financial Group LLC now owns 1,256 shares of the semiconductor company’s stock worth $498,000 after acquiring an additional 442 shares during the period. Finally, Great Lakes Retirement Inc. grew its position in Analog Devices by 0.9% in the third quarter. Great Lakes Retirement Inc. now owns 11,307 shares of the semiconductor company’s stock worth $4,485,000 after acquiring an additional 102 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Trading Up 1.2%

ADI opened at $433.28 on Friday. The business has a fifty day simple moving average of $387.60 and a 200-day simple moving average of $370.51. 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 firm has a market cap of $209.95 billion, a P/E ratio of 51.40, a P/E/G ratio of 1.32 and a beta of 1.22.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 39.2% on a year-over-year basis. During the same period last year, the business posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts expect that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders 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 annualized dividend and a dividend yield of 1.0%. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the sale, the chief executive officer owned 115,460 shares of the company’s stock, valued at approximately $45,830,692.40. This represents a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares in the company, valued at approximately $16,437,216.24. The trade was a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 52,436 shares of company stock valued at $20,014,954 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ADI shares. Wells Fargo & Company cut their target price on Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Thursday, August 20th. Seaport Research Partners raised Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price target on the stock in a research note on Thursday, August 20th. Arete Research increased their price target on Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. BMO Capital Markets started coverage on Analog Devices in a research report on Thursday, August 20th. They set an “outperform” rating and a $430.00 price objective for the company. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 price objective (up from $400.00) on shares of Analog Devices in a report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and an average target price of $460.55.

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.