Avalon Trust Co Raises Holdings in Analog Devices, Inc. $ADI

Avalon Trust Co grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 4.3% in the first quarter, Holdings Channel reports. The firm owned 40,585 shares of the semiconductor company’s stock after buying an additional 1,689 shares during the quarter. Avalon Trust Co’s holdings in Analog Devices were worth $12,912,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Banque Transatlantique SA purchased a new stake in shares of Analog Devices during the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new position in Analog Devices in the 4th quarter worth about $26,000. Gordian Capital Singapore Pte Ltd bought a new position in Analog Devices during the 4th quarter valued at about $27,000. Evolution Wealth Management Inc. bought a new position in Analog Devices during the 1st quarter valued at about $30,000. Finally, Albion Financial Group UT boosted its holdings in shares of Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: KeyCorp raised earnings estimates across multiple periods for Analog Devices and kept an Overweight rating with a $525 price target, signaling stronger expected profitability and demand. The Zacks Analyst Blog Highlights NVIDIA, Oracle, Analog Devices and Regis
• Positive Sentiment: Analysts highlighted Analog Devices alongside other semiconductor names benefiting from AI demand, cloud growth, and industrial recovery, which supports the market’s growth narrative for ADI. The Zacks Analyst Blog Highlights NVIDIA, Oracle, Analog Devices and Regis
• Positive Sentiment: Reports noted that ADI’s new $3 billion revolving credit facility and planned Empower Semiconductor acquisition strengthen liquidity and could help fund expansion in industrial and AI data center markets. Does ADI’s New US$3 Billion Credit Line and AI Power Deal Reshape Its Growth Narrative?
• Positive Sentiment: Investor-focused coverage says Analog Devices is back in focus as the company continues to benefit from improved semiconductor sentiment and recurring interest in AI-enabled analog chip demand. Why Is Analog Devices (NASDAQ:ADI) Back In Focus?
• Neutral Sentiment: Recent commentary comparing ADI with STMicroelectronics reinforces that Analog Devices remains a prominent name in the AI, automotive, and industrial chip themes, but it does not appear to change the near-term thesis materially. STM vs. ADI: Which Semiconductor Stock Looks More Attractive Now?
• Negative Sentiment: Director Karen Golz sold 1,000 shares under a pre-arranged trading plan. While routine, insider selling can slightly pressure sentiment in the short term. Analog Devices (NASDAQ:ADI) Director Sells $389,830.00 in Stock

Wall Street Analyst Weigh In

ADI has been the subject of a number of research analyst reports. Needham & Company LLC lifted their price target on shares of Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Bank of America increased their price objective on shares of Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. lifted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Fundamental Research set a $550.00 target price on shares of Analog Devices in a research note on Monday, June 29th. Finally, TD Cowen increased their price target on Analog Devices from $450.00 to $460.00 and gave the company a “buy” rating in a report on Monday. Two investment 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $441.00.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the sale, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 completion of the transaction, the director directly owned 11,019 shares in the company, valued at $4,295,536.77. This trade represents a 8.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 103,858 shares of company stock valued at $42,062,730 in the last 90 days. 0.36% of the stock is owned by company insiders.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $380.53 on Friday. 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 stock has a market capitalization of $185.35 billion, a PE ratio of 56.54, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18. The firm’s 50 day moving average price is $407.25 and its 200-day moving average price is $356.83. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same period in the prior year, the company earned $1.85 earnings per share. The firm’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 research analysts expect that Analog Devices, Inc. will post 12.43 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is 65.38%.

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.