3,231 Shares in Analog Devices, Inc. $ADI Acquired by Castle Hook Partners LP

Castle Hook Partners LP bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,231 shares of the semiconductor company’s stock, valued at approximately $876,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADI. Norges Bank bought a new stake in Analog Devices during the fourth quarter worth approximately $2,215,516,000. Bank of America Corp DE raised its holdings in Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after purchasing an additional 2,912,666 shares in the last quarter. Amundi raised its holdings in Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Analog Devices by 29.2% during the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock worth $1,186,714,000 after purchasing an additional 1,091,004 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Analog Devices by 3,456.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock worth $287,398,000 after purchasing an additional 1,029,927 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices News Roundup

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

• Positive Sentiment: Analyst sentiment remains constructive, with ADI receiving a consensus “Moderate Buy” rating and multiple firms recently raising price targets, reflecting confidence in its earnings power and valuation. Analog Devices, Inc. (NASDAQ:ADI) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Recent coverage highlighted Analog Devices as a strong AI semiconductor pick because it combines AI-driven communications growth with diversified end markets, which may support investor demand for the stock. ADI vs. ALAB: Which AI Semiconductor Stock is a Better Buy?
• Positive Sentiment: Another article argued ADI is “firing on all cylinders,” suggesting improving fundamentals and momentum in the business that could support the shares. Analog Devices: Firing On All Cylinders
• Neutral Sentiment: ADI was included in a leveraged ETF launch, which can increase trading activity and visibility but does not directly change the company’s fundamentals. Leverage Shares by Themes Continues Expansion of Leveraged Single Stock ETF Offering with AXTI, APH, TEL, FN, KEYS, ADI, MCHP, & TSEM
• Neutral Sentiment: A director sold 1,000 shares under a pre-arranged trading plan, which is worth noting but is not necessarily a negative signal given the small size relative to the holding. Analog Devices (NASDAQ:ADI) Director Karen Golz Sells 1,000 Shares of Stock
• Negative Sentiment: One MarketWatch note said ADI outperformed peers despite losses on the day, indicating the stock may have been under some broader market pressure even as its relative performance stayed strong. Analog Devices Inc. stock outperforms competitors despite losses on the day

Analog Devices Price Performance

NASDAQ ADI opened at $414.45 on Thursday. The stock has a market capitalization of $201.87 billion, a P/E ratio of 61.58, a P/E/G ratio of 1.17 and a beta of 1.18. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $439.70. The business’s fifty day moving average is $397.64 and its two-hundred day moving average is $338.81. 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 (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. The company had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm’s revenue was up 37.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts forecast that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders 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 currently 65.38%.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the sale, the director directly owned 120,175 shares of the company’s stock, valued at $48,169,745.25. The trade was a 1.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $57,096,149.94. This trade represents a 17.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 101,442 shares of company stock worth $40,422,954 over the last three months. Corporate insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. Morgan Stanley reissued an “overweight” rating and set a $373.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Stifel Nicolaus boosted their target price on Analog Devices from $405.00 to $450.00 and gave the stock a “buy” rating in a report on Monday, May 18th. TD Cowen boosted their target price on Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Finally, Cantor Fitzgerald boosted their target price on Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $432.71.

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.