United Bank acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the second quarter, Holdings Channel.com reports. The fund acquired 7,449 shares of the semiconductor company’s stock, valued at approximately $2,959,000. Analog Devices accounts for approximately 0.9% of United Bank’s portfolio, making the stock its 27th largest holding.
Other large investors have also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. purchased a new stake in Analog Devices in the 2nd quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in shares of Analog Devices during the 2nd quarter valued at $32,000. Banque Transatlantique SA purchased a new position in shares of Analog Devices during the 4th quarter valued at $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Analog Devices during the 1st quarter valued at $30,000. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices in the fourth quarter worth $26,000. Institutional investors and hedge funds own 86.81% of the company’s stock.
Analog Devices Trading Down 0.9%
Shares of ADI stock opened at $373.26 on Thursday. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The company has a market cap of $181.81 billion, a PE ratio of 55.46, a price-to-earnings-growth ratio of 0.98 and a beta of 1.20. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $389.98 and its two-hundred day moving average is $370.68.
Analog Devices Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is 65.38%.
Trending Headlines about Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 39.2% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also surpassed expectations of roughly $3.33–$3.34. Growth was led by data-center and industrial demand. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
- Positive Sentiment: The company issued above-consensus fiscal fourth-quarter guidance, calling for revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, versus analyst expectations of approximately $4.1 billion and $3.53, respectively. Management cited continued demand for power-management chips used in AI data centers and industrial applications. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
- Positive Sentiment: Goldman Sachs reiterated a Buy rating and a $450 price target following the earnings beat and stronger outlook. Analog Devices also declared a quarterly dividend of $1.10 per share, payable September 15. Goldman Sachs reiterates Buy rating
Wall Street Analyst Weigh In
Several brokerages recently issued reports on ADI. Argus set a $460.00 price objective on Analog Devices in a report on Tuesday, May 26th. JPMorgan Chase & Co. boosted their target price on Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Bank of America raised their price target on Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Needham & Company LLC lifted their price target on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $443.24.
Check Out Our Latest Research Report on Analog Devices
Insider Activity
In other news, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $389.83, for a total value of $389,830.00. Following the sale, the director directly owned 11,019 shares of the company’s stock, valued at approximately $4,295,536.77. This trade represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 105,274 shares of company stock worth $42,247,986 in the last 90 days. 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.
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