Texas Capital Bank Wealth Management Services Inc Acquires 1,886 Shares of Analog Devices, Inc. $ADI

Texas Capital Bank Wealth Management Services Inc raised its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 71.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,539 shares of the semiconductor company’s stock after acquiring an additional 1,886 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in Analog Devices were worth $1,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADI. Vanguard Group Inc. boosted its position in shares of Analog Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after purchasing an additional 503,970 shares in the last quarter. State Street Corp boosted its position in shares of Analog Devices by 0.4% during the third quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company’s stock worth $5,749,146,000 after purchasing an additional 81,790 shares in the last quarter. Amundi boosted its position in shares of Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Analog Devices by 10.1% during the third quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company’s stock worth $1,446,262,000 after purchasing an additional 541,760 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Analog Devices by 29.2% during the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock worth $1,186,714,000 after purchasing an additional 1,091,004 shares in the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Trading Down 0.7%

ADI opened at $416.88 on Thursday. The stock has a market capitalization of $203.06 billion, a P/E ratio of 61.94, a P/E/G ratio of 1.19 and a beta of 1.19. Analog Devices, Inc. has a 12 month low of $210.80 and a 12 month high of $435.72. The firm’s fifty day simple moving average is $367.82 and its 200 day simple moving average is $320.14. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period in the previous year, the business earned $1.85 EPS. The company’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, research analysts anticipate that Analog Devices, Inc. will post 12.31 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s payout ratio is presently 65.38%.

Insider Transactions at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction on 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 sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 80,000 shares of company stock valued at $31,519,000. 0.36% of the stock is currently owned by insiders.

Analog Devices News Roundup

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

• Positive Sentiment: JPMorgan raised its price target on Analog Devices to $450 from $400 and kept an overweight rating, signaling confidence in additional upside. Benzinga report on JPMorgan price target increase
• Positive Sentiment: Analyst coverage has turned more favorable, with reports highlighting solid earnings estimate revisions and suggesting ADI could be poised for a near-term surge. Zacks report on earnings estimate revisions
• Positive Sentiment: ADI’s AI/data center business is showing strong momentum, with one report citing 90% growth in AI data center revenue and margin expansion from optical and power solutions. Yahoo Finance article on AI data center momentum
• Positive Sentiment: Management’s latest earnings call commentary emphasized stronger-than-expected industrial and data center demand, along with broad strength in analog and mixed-signal solutions. Yahoo Finance article on earnings call
• Neutral Sentiment: CEO Vincent Roche disclosed two sales of 30,000 shares each, totaling about $24.4 million, which may raise some investor caution but do not by themselves indicate a change in fundamentals.
• Neutral Sentiment: Broader tech-sector strength and record highs in the Nasdaq have also supported investor appetite for semiconductor names like ADI. Barchart market backdrop article

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ADI. Argus set a $460.00 price target on shares of Analog Devices in a research report on Tuesday. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Wells Fargo & Company lifted their price target on shares of Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Citigroup lifted their price target on shares of Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Stifel Nicolaus lifted their price target on shares of Analog Devices from $405.00 to $450.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and an average price target of $432.71.

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.