Aspire Private Capital LLC Invests $1.56 Million in Analog Devices, Inc. $ADI

Aspire Private Capital LLC 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 & Exchange Commission. The fund acquired 6,329 shares of the semiconductor company’s stock, valued at approximately $1,555,000.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Analog Devices by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company’s stock valued at $12,380,652,000 after purchasing an additional 162,075 shares in the last quarter. State Street Corp raised its position in Analog Devices by 0.4% in the third quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company’s stock valued at $5,749,146,000 after purchasing an additional 81,790 shares during the period. Norges Bank acquired a new position in shares of Analog Devices during the second quarter worth about $1,803,377,000. Ameriprise Financial Inc. boosted its position in shares of Analog Devices by 6.3% in the second quarter. Ameriprise Financial Inc. now owns 6,326,772 shares of the semiconductor company’s stock worth $1,506,448,000 after buying an additional 375,207 shares during the period. Finally, Amundi boosted its position in shares of Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after buying an additional 1,922,302 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of several recent research reports. Barclays increased their price objective on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Sanford C. Bernstein restated a “market perform” rating and issued a $270.00 target price on shares of Analog Devices in a research note on Wednesday, November 26th. Citigroup reaffirmed a “buy” rating on shares of Analog Devices in a report on Thursday, February 19th. Cantor Fitzgerald lifted their price target on shares of Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $366.96.

Insider Buying and Selling

In related news, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares in the company, valued at $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer directly owned 155,688 shares in the company, valued at $47,783,760.96. This trade represents a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 41,449 shares of company stock worth $12,336,069. 0.36% of the stock is currently owned by company insiders.

Analog Devices Trading Up 0.9%

Shares of ADI opened at $313.66 on Wednesday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The stock has a market cap of $153.13 billion, a PE ratio of 57.34, a PEG ratio of 1.43 and a beta of 1.00. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $363.20. The stock has a 50 day simple moving average of $321.51 and a 200-day simple moving average of $276.34.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter last year, the company posted $1.63 EPS. The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is 80.44%.

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.