Meeder Asset Management Inc. grew its position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 8,951.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,688 shares of the semiconductor company’s stock after purchasing an additional 29,360 shares during the period. Meeder Asset Management Inc.’s holdings in Analog Devices were worth $9,445,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in ADI. Banque Transatlantique SA acquired a new position in shares of Analog Devices during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices in the 4th quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices during the 4th quarter valued at $27,000. Evolution Wealth Management Inc. bought a new stake in Analog Devices during the 1st quarter valued at $30,000. Finally, Albion Financial Group UT boosted its position in Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 36 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.
Analyst Ratings Changes
ADI has been the subject of several recent analyst reports. Needham & Company LLC increased their price target on Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Barclays upped their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. KeyCorp increased their target price on shares of Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research note on Sunday, May 24th. Finally, Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.
Analog Devices Price Performance
Shares of ADI stock opened at $375.36 on Monday. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91. The stock has a market cap of $182.83 billion, a PE ratio of 55.77, a price-to-earnings-growth ratio of 1.05 and a beta of 1.18. The business’s fifty day moving average is $406.43 and its 200-day moving average is $357.54. 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 – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the prior year, the firm posted $1.85 earnings per share. The company’s revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts expect that Analog Devices, Inc. will post 12.43 earnings per share for the current fiscal year.
Analog Devices Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s payout ratio is presently 65.38%.
Analog Devices News Roundup
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: KeyCorp lifted its earnings estimates for Analog Devices across FY2026, FY2027 and several interim quarters, signaling stronger expected demand and profitability ahead. Analog Devices analyst estimate update
- Positive Sentiment: KeyCorp reaffirmed an Overweight rating and a $525 target price, which implies meaningful upside versus the current trading range. Analog Devices analyst rating and target
- Positive Sentiment: Earlier coverage highlighted ADI’s expanding liquidity via a new $3 billion credit line and its planned Empower Semiconductor deal, which could help fund growth in industrial and AI data center markets. ADI credit line and AI power deal article
- Neutral Sentiment: Recent articles comparing ADI with other technology peers suggest the stock’s relative performance is being watched closely, but they do not point to a specific new company event. ADI peer performance article
- Negative Sentiment: ADI recently underperformed the broader market in a session cited by market coverage, reflecting some near-term selling pressure in the stock. ADI declines more than market article
Insider Buying and Selling at Analog Devices
In related news, SVP Martin Cotter sold 17,594 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ray Stata sold 1,416 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $377.01, for a total transaction of $533,846.16. Following the sale, the director owned 117,343 shares of the company’s stock, valued at $44,239,484.43. The trade was a 1.19% 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. Insiders have sold 103,858 shares of company stock valued at $42,062,730 over the last quarter. Company insiders own 0.36% of the company’s stock.
Analog Devices Company Profile
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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