NBT Bank N.A. Buys 9,295 Shares of Analog Devices, Inc. $ADI

NBT Bank N.A. purchased a new position in Analog Devices, Inc. (NASDAQ:ADI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,295 shares of the semiconductor company’s stock, valued at approximately $3,687,000.

A number of other large investors have also bought and sold shares of ADI. Root Financial Partners LLC increased its position in Analog Devices by 16.0% in the 3rd quarter. Root Financial Partners LLC now owns 1,102 shares of the semiconductor company’s stock valued at $437,000 after buying an additional 152 shares in the last quarter. Trust Co of the South raised its stake in Analog Devices by 0.9% during the 3rd quarter. Trust Co of the South now owns 3,614 shares of the semiconductor company’s stock worth $1,434,000 after buying an additional 31 shares during the period. Marion Wealth Management raised its stake in Analog Devices by 1.9% during the 3rd quarter. Marion Wealth Management now owns 18,287 shares of the semiconductor company’s stock worth $7,255,000 after buying an additional 343 shares during the period. Pinnacle Bancorp Inc. boosted its holdings in Analog Devices by 28.2% in the third quarter. Pinnacle Bancorp Inc. now owns 391 shares of the semiconductor company’s stock worth $155,000 after acquiring an additional 86 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its holdings in Analog Devices by 46.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 31,566 shares of the semiconductor company’s stock worth $12,448,000 after acquiring an additional 10,068 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Trading Down 5.0%

ADI opened at $385.76 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. Analog Devices, Inc. has a fifty-two week low of $223.47 and a fifty-two week high of $445.91. The firm has a market capitalization of $186.93 billion, a PE ratio of 45.76, a P/E/G ratio of 1.25 and a beta of 1.22. The company’s 50-day moving average is $383.72 and its 200 day moving average is $389.27.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, research analysts predict that Analog Devices, Inc. will post 13.00 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business 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 1.1%. Analog Devices’s dividend payout ratio is 52.19%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ADI shares. Morgan Stanley raised their price objective on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. Fundamental Research set a $550.00 target price on Analog Devices in a research report on Monday, June 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 target price (up from $400.00) on shares of Analog Devices in a research report on Tuesday, September 8th. Evercore cut their target price on Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. Finally, Arete Research lifted their price target on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. One investment 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $460.55.

Key Analog Devices News

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

• Positive Sentiment: TD Cowen raised its price target for Analog Devices (ADI) to $475 from $460 and maintained a “buy” rating, indicating continued confidence in the semiconductor company’s earnings outlook. Analog Devices price target raised
• Neutral Sentiment: Analog Devices announced that it will release fourth-quarter fiscal 2026 results before the market opens on November 24. The scheduled report could become the next major catalyst as investors assess demand, margins and forward guidance. Analog Devices fourth-quarter earnings announcement
• Neutral Sentiment: Reports indicated that 39 exchange-traded funds added ADI holdings on October 20, suggesting ongoing passive or institutional demand, although the reports did not provide enough detail to assess the purchases’ significance. ETF purchases of Analog Devices
• Negative Sentiment: CFO Richard Puccio sold 1,500 shares for approximately $584,000. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by 3.02%, limiting its significance but still creating a modest negative headline. Analog Devices CFO stock sale
• Negative Sentiment: ADI advised shareholders to reject an unsolicited $525-per-share mini-tender offer from Tutanota LLC, warning that the offer is limited in size and subject to conditions. The unusual proposal may add uncertainty even though it is priced above recent trading levels. Analog Devices mini-tender offer

Insider Transactions at Analog Devices

In related news, CFO Richard C. Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total transaction of $584,190.00. Following the transaction, the chief financial officer owned 48,177 shares of the company’s stock, valued at $18,763,014.42. The trade was a 3.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the company’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $415.02, for a total value of $498,024.00. Following the sale, the insider owned 14,849 shares of the company’s stock, valued at $6,162,631.98. This trade represents a 7.48% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 52,436 shares of company stock valued at $20,014,954. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Company 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.