Waycross Partners LLC Buys 2,717 Shares of Analog Devices, Inc. $ADI

Waycross Partners LLC increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 128,381 shares of the semiconductor company’s stock after acquiring an additional 2,717 shares during the period. Analog Devices comprises approximately 2.7% of Waycross Partners LLC’s investment portfolio, making the stock its 14th largest holding. Waycross Partners LLC’s holdings in Analog Devices were worth $31,543,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ADI. Norges Bank bought a new stake in shares of Analog Devices during the 2nd quarter worth approximately $1,803,377,000. Marshall Wace LLP boosted its holdings in shares of Analog Devices by 948.2% during the 2nd quarter. Marshall Wace LLP now owns 1,085,990 shares of the semiconductor company’s stock worth $258,487,000 after buying an additional 982,385 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of Analog Devices by 47.4% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,745,985 shares of the semiconductor company’s stock valued at $653,599,000 after purchasing an additional 882,909 shares during the last quarter. Vanguard Group Inc. grew its holdings in Analog Devices by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 50,227,231 shares of the semiconductor company’s stock valued at $11,955,086,000 after buying an additional 761,861 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in Analog Devices by 684.6% in the 3rd quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock worth $211,871,000 after purchasing an additional 752,411 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Stock Performance

Shares of ADI stock opened at $337.51 on Wednesday. The firm has a market capitalization of $164.92 billion, a price-to-earnings ratio of 74.02, a PEG ratio of 1.93 and a beta of 1.03. The company has a current ratio of 2.19, a quick ratio of 1.68 and a debt-to-equity ratio of 0.24. The business’s 50-day moving average price is $298.37 and its 200-day moving average price is $262.58. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $343.96.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.04. Analog Devices had a return on equity of 11.23% and a net margin of 20.58%.The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the prior year, the firm posted $1.67 earnings per share. The firm’s revenue was up 25.9% compared to the same quarter last year. Equities research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 8th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $3.96 annualized dividend and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is presently 86.84%.

Insider Activity at Analog Devices

In related news, CAO Michael Sondel sold 8,169 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total transaction of $2,271,227.07. Following the completion of the transaction, the chief accounting officer directly owned 18,913 shares of the company’s stock, valued at $5,258,381.39. This trade represents a 30.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $301.46, for a total value of $150,730.00. Following the completion of the sale, the senior vice president directly owned 12,710 shares of the company’s stock, valued at approximately $3,831,556.60. The trade was a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,544 shares of company stock valued at $15,320,417 in the last quarter. Insiders own 0.36% of the company’s stock.

Trending Headlines about Analog Devices

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

• Positive Sentiment: Board raises quarterly dividend by 11% to $1.10, marking 22 consecutive years of higher payouts — strengthens income thesis and signals confidence in cash flow. Analog Devices Raises Quarterly Dividend by 11%
• Positive Sentiment: Cantor Fitzgerald raised its price target to $400 and maintained an overweight rating — a sizable upward revision that supports further upside in the stock. Cantor Fitzgerald price-target raise
• Positive Sentiment: Stifel Nicolaus raised its target to $360 and reiterated a buy rating — another analyst upgrade adding upward pressure. Stifel Nicolaus price-target raise
• Positive Sentiment: Zacks preview: Industrial, automotive (EVs, ADAS) and consumer demand are expected to drive ADI’s upcoming quarter — reinforces growth narrative tied to AI/edge and auto electronics tailwinds. Industrial, Automotive and Consumer Growth to Drive ADI’s Q1 Earnings
• Positive Sentiment: Another Zacks preview highlights expectations for ~29% revenue growth and strong EPS upside for the coming quarter, citing AI-driven industrial and data-center demand — supports upside to near-term results. Analog Devices to Report Q1 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Coverage piece on ADI’s positioning within Nasdaq trends — useful context but not new company-specific catalysts. Analog Devices Navigating Financial Trends In The Nasdaq Index
• Neutral Sentiment: Preview articles (MSN) outline what to expect from ADI’s Q4/quarterly results — informative for modelling but reiterative of other previews. What To Expect From Analog Devices’s (ADI) Q4 Earnings
• Neutral Sentiment: Short-interest feed shows a reported “large increase” but the data fields read as zero/NaN — appears to be a reporting glitch and is not a reliable signal now. (No external link available.)

Analysts Set New Price Targets

A number of research firms have recently weighed in on ADI. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. BNP Paribas Exane started coverage on shares of Analog Devices in a research report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective for the company. Oppenheimer raised their target price on Analog Devices from $265.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Wells Fargo & Company set a $340.00 price target on Analog Devices and gave the company an “overweight” rating in a research note on Thursday, January 15th. Finally, Truist Financial boosted their price target on Analog Devices from $258.00 to $291.00 and gave the stock a “hold” rating in a report on Friday, December 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $318.35.

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.