Analog Devices, Inc. $ADI Shares Bought by CoreCap Advisors LLC

CoreCap Advisors LLC lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 287.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,292 shares of the semiconductor company’s stock after buying an additional 15,050 shares during the period. CoreCap Advisors LLC’s holdings in Analog Devices were worth $8,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ADI. Vanguard Group Inc. boosted its position in Analog Devices by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after acquiring an additional 503,970 shares during the period. State Street Corp increased its holdings in shares of Analog Devices by 0.4% during the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after purchasing an additional 88,538 shares during the period. Morgan Stanley raised its stake in shares of Analog Devices by 1.9% during the fourth quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after purchasing an additional 194,535 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Analog Devices by 5.2% during the first quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock valued at $3,250,341,000 after purchasing an additional 501,604 shares in the last quarter. Finally, Norges Bank acquired a new stake in Analog Devices in the fourth quarter worth about $2,215,516,000. 86.81% of the stock is owned by institutional investors.

Trending Headlines about Analog Devices

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

• Positive Sentiment: A sharp rally in semiconductor ETFs indicates that investor interest in the artificial-intelligence and chip sectors is returning. The sector-wide momentum may provide a favorable backdrop for Analog Devices and help explain the stock’s recent strength. Semiconductor ETFs Surge up to 19% in Huge Rally as the AI Trade Ramps Back Up
• Positive Sentiment: Analog Devices renewed its strategic sponsorship of MassRobotics through its Analog Garage corporate venture and incubator program. The partnership expands ADI’s exposure to robotics startups and emerging industrial-automation applications, though the near-term financial impact is likely limited. MassRobotics Welcomes Analog Devices as Returning Strategic Sponsor
• Neutral Sentiment: Analysts at Zacks see a favorable setup for ADI’s next earnings report, citing its history of earnings surprises and current estimate trends. This reinforces optimism following the company’s latest quarterly beat, when it reported $3.09 in adjusted earnings per share and $3.62 billion in revenue, both above consensus. Will Analog Devices Beat Estimates Again?
• Negative Sentiment: CEO Vincent Roche sold 10,000 ADI shares for approximately $3.63 million, reducing his direct ownership by 6.78%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which makes it less likely to signal a change in management’s outlook, but insider selling can still create modest investor pressure. SEC Form 4 Insider Transaction

Analog Devices Stock Performance

NASDAQ:ADI opened at $380.29 on Wednesday. The company has a 50-day moving average of $396.69 and a 200-day moving average of $364.71. The firm has a market cap of $185.24 billion, a price-to-earnings ratio of 56.51, a price-to-earnings-growth ratio of 0.94 and a beta of 1.20. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the firm earned $1.85 EPS. The business’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts forecast that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal 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 given a dividend of $1.10 per share. 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 dividend payout ratio is 65.38%.

Wall Street Analyst Weigh In

Several equities analysts have commented on ADI shares. Barclays raised their target price on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Oppenheimer increased their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Jefferies Financial Group raised their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Finally, Needham & Company LLC boosted their target price on Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Insider Buying and Selling

In other news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at $49,926,294. The trade was a 6.78% decrease in their ownership of the stock. The sale was disclosed in a document filed 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, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 103,858 shares of company stock worth $41,713,630 over the last quarter. 0.36% of the stock is currently owned by insiders.

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.