Caxton Associates LLP Increases Holdings in Analog Devices, Inc. $ADI

Caxton Associates LLP grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 23.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 11,713 shares of the semiconductor company’s stock after acquiring an additional 2,200 shares during the quarter. Caxton Associates LLP’s holdings in Analog Devices were worth $3,726,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ADI. ING Groep NV increased its position in shares of Analog Devices by 45.1% in the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock valued at $60,358,000 after buying an additional 69,202 shares in the last quarter. Covenant Asset Management LLC acquired a new stake in shares of Analog Devices during the fourth quarter worth $2,500,000. HF Advisory Group LLC lifted its holdings in shares of Analog Devices by 661.6% in the fourth quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock valued at $13,477,000 after purchasing an additional 43,168 shares in the last quarter. Jones Kertz & Associates Inc. bought a new stake in Analog Devices in the 4th quarter valued at approximately $1,480,000. Finally, MGO One Seven LLC lifted its position in shares of Analog Devices by 17.7% in the fourth quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company’s stock worth $12,352,000 after purchasing an additional 6,846 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Ratings Changes

ADI has been the subject of several analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price objective on shares of Analog Devices in a report on Wednesday, May 20th. Citigroup increased their price target on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Needham & Company LLC boosted their price target on Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Jefferies Financial Group upped their price objective on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Finally, Stifel Nicolaus increased their price objective on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Two research 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 stock. According to data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and an average target price of $441.00.

Analog Devices Price Performance

NASDAQ:ADI opened at $380.20 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’s 50 day moving average price is $402.84 and its two-hundred day moving average price is $360.57. The firm has a market capitalization of $185.19 billion, a price-to-earnings ratio of 56.49, a P/E/G ratio of 1.00 and a beta of 1.18. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, analysts anticipate that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued 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 payout ratio is currently 65.38%.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at $57,096,149.94. This represents a 17.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 1,432 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total transaction of $573,988.56. Following the sale, the director owned 120,175 shares of the company’s stock, valued at $48,169,745.25. This trade represents a 1.18% decrease in their ownership of the stock. 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 103,858 shares of company stock valued at $42,062,730 over the last three months. Company insiders own 0.36% of the company’s stock.

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.