Dundas Partners LLP Purchases 8,779 Shares of Analog Devices, Inc. $ADI

Dundas Partners LLP increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 4.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 206,749 shares of the semiconductor company’s stock after buying an additional 8,779 shares during the period. Analog Devices comprises about 3.6% of Dundas Partners LLP’s holdings, making the stock its 11th biggest position. Dundas Partners LLP’s holdings in Analog Devices were worth $50,798,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after purchasing an additional 529 shares during the period. Sivia Capital Partners LLC lifted its position in Analog Devices by 36.0% during the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after purchasing an additional 464 shares during the last quarter. Savant Capital LLC lifted its holdings in shares of Analog Devices by 13.3% during the 2nd quarter. Savant Capital LLC now owns 10,849 shares of the semiconductor company’s stock worth $2,582,000 after acquiring an additional 1,273 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in shares of Analog Devices by 6.1% in the 2nd quarter. Wedbush Securities Inc. now owns 6,741 shares of the semiconductor company’s stock worth $1,604,000 after purchasing an additional 390 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in Analog Devices by 3.7% in the second quarter. AE Wealth Management LLC now owns 34,758 shares of the semiconductor company’s stock worth $8,273,000 after buying an additional 1,244 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on ADI shares. Jefferies Financial Group restated a “buy” rating and set a $410.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Weiss Ratings downgraded shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 20th. Benchmark upped their price target on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Barclays raised their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, KeyCorp raised their price target on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $366.96.

Analog Devices Stock Down 4.2%

Shares of ADI stock opened at $315.81 on Monday. The company has a market capitalization of $154.18 billion, a price-to-earnings ratio of 57.74, a PEG ratio of 1.45 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The company’s fifty day moving average price is $316.34 and its 200-day moving average price is $273.34. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20.

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

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, March 3rd. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s payout ratio is currently 80.44%.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. This trade represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the completion of the sale, the chief executive officer owned 155,688 shares of the company’s stock, valued at $47,783,760.96. The trade was a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 57,743 shares of company stock worth $16,836,340. 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.