USA Financial Formulas Makes New $1.20 Million Investment in Analog Devices, Inc. $ADI

USA Financial Formulas acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,024 shares of the semiconductor company’s stock, valued at approximately $1,200,000. Analog Devices makes up approximately 0.2% of USA Financial Formulas’ portfolio, making the stock its 28th biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Contravisory Investment Management Inc. acquired a new stake in shares of Analog Devices in the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC bought a new stake in shares of Analog Devices in the 2nd quarter worth about $25,000. Nvwm LLC grew its holdings in shares of Analog Devices by 590.0% in the 3rd quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 59 shares during the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of Analog Devices during the 1st quarter worth about $30,000. Finally, Cornerstone Financial Management LLC increased its position in shares of 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 purchasing an additional 28 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices News Roundup

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

• Positive Sentiment: KeyCorp sharply increased its long-term earnings forecast. The firm raised its FY2027 EPS estimate to $17.88 from $15.32, implying substantially stronger expected profitability. It also lifted estimates for every quarter from Q4 2026 through Q4 2027, citing a more favorable outlook for Analog Devices’ earnings trajectory. KeyBanc keeps USD 525 target for Analog Devices stock
• Positive Sentiment: Near-term estimates were also raised. KeyCorp increased its FY2026 EPS forecast to $13.06 from $12.62 and raised its Q4 2026 estimate to $4.07 from $3.67. Forecasts for Q1 through Q4 2027 were raised to $4.17, $4.35, $4.63 and $4.74, respectively. These revisions put KeyCorp’s estimates above the current full-year consensus of $12.99 and reinforce its $525 target.
• Positive Sentiment: Analog Devices is partnering with InoBat on battery energy-storage systems for AI data centers. The collaboration could provide exposure to growing data-center power and energy-storage demand, although the announcement did not disclose financial terms or expected revenue. InoBat, Analog Devices to team up on BESS for AI data centres
• Neutral Sentiment: The stock has recently traded below KeyCorp’s $525 price objective, but the shares decreased even as analysts raised earnings expectations. That divergence suggests investors may be focused on valuation, broader semiconductor-market conditions or profit-taking rather than the upgraded forecasts alone.

Insider Transactions at Analog Devices

In other news, insider Vivek Jain sold 3,305 shares of the stock in a transaction that occurred on 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Richard C. Puccio, Jr. sold 1,500 shares of the stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $421.08, for a total transaction of $631,620.00. Following the sale, the chief financial officer directly owned 49,677 shares in the company, valued at $20,917,991.16. This trade represents a 2.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 50,936 shares of company stock worth $19,430,764. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of ADI stock opened at $395.44 on Friday. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The stock has a market capitalization of $191.62 billion, a PE ratio of 46.91, a PEG ratio of 1.22 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The stock’s fifty day moving average is $382.76 and its 200-day moving average is $386.52.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The business 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%. The firm’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same period in the previous year, the business posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts expect that Analog Devices, Inc. will post 12.99 EPS for the current fiscal year.

Analog Devices Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on ADI shares. Sanford C. Bernstein raised shares of Analog Devices from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $430.00 to $465.00 in a report on Wednesday, August 19th. TD Cowen reaffirmed a “buy” rating and set a $460.00 price objective (up from $450.00) on shares of Analog Devices in a research note on Tuesday, September 8th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. JPMorgan Chase & Co. raised their price objective 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. Finally, Morgan Stanley lifted their target price on shares of Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. One equities research 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 company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $460.09.

About Analog Devices

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.