Jackson Square Capital LLC Makes New $3 Million Investment in Analog Devices, Inc. $ADI

Jackson Square Capital LLC acquired a new position in Analog Devices, Inc. (NASDAQ:ADI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 7,567 shares of the semiconductor company’s stock, valued at approximately $3,002,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Riverbend Wealth Management LLC raised its position in Analog Devices by 2.2% in the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock worth $396,000 after buying an additional 27 shares during the last quarter. Bridgewater Advisors Inc. lifted its stake in Analog Devices by 1.5% during the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $574,000 after acquiring an additional 27 shares during the period. Silicon Valley Capital Partners lifted its stake in Analog Devices by 4.2% during the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after acquiring an additional 27 shares during the period. Cornerstone Financial Management LLC boosted its holdings in shares of Analog Devices by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 28 shares during the last quarter. Finally, Strategy Asset Managers LLC boosted its holdings in shares of Analog Devices by 2.1% during the 3rd quarter. Strategy Asset Managers LLC now owns 1,439 shares of the semiconductor company’s stock valued at $571,000 after acquiring an additional 29 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

NASDAQ ADI traded down $2.25 during trading hours on Monday, hitting $393.19. 1,222,430 shares of the company’s stock traded hands, compared to its average volume of 4,022,611. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The firm has a market capitalization of $190.53 billion, a P/E ratio of 46.70, a P/E/G ratio of 1.22 and a beta of 1.22. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average price is $382.76 and its two-hundred day moving average price is $387.11.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same period last year, the firm earned $2.05 earnings per share. The company’s quarterly revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts predict that Analog Devices, Inc. will post 12.99 EPS for the current year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices’s payout ratio is currently 52.19%.

Insiders Place Their Bets

In other news, CFO Richard Puccio, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $421.08, for a total value of $631,620.00. Following the transaction, the chief financial officer owned 49,677 shares of the company’s stock, valued at $20,917,991.16. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $420.04, for a total value of $594,776.64. Following the completion of the transaction, the director directly owned 108,847 shares in the company, valued at $45,720,093.88. This trade represents a 1.28% decrease in their position. 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. Over the last 90 days, insiders have sold 50,936 shares of company stock valued at $19,430,764. 0.36% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ADI has been the subject of a number of research analyst reports. Evercore reduced their price target on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. Stifel Nicolaus increased their price objective on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Seaport Research Partners upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price on the stock in a report on Thursday, August 20th. Piper Sandler set a $460.00 target price on shares of Analog Devices in a research report on Tuesday, September 8th. Finally, Fundamental Research set a $550.00 target price on shares of Analog Devices in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $460.09.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.