Oppenheimer Asset Management Inc. Buys Shares of 66,276 Analog Devices, Inc. $ADI

Oppenheimer Asset Management Inc. purchased a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 66,276 shares of the semiconductor company’s stock, valued at approximately $26,323,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Analog Devices by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock valued at $13,802,256,000 after acquiring an additional 503,970 shares during the period. State Street Corp grew its stake in shares of Analog Devices by 0.4% during the 4th quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after purchasing an additional 88,538 shares during the period. Morgan Stanley increased its position in shares of Analog Devices by 1.9% during the 4th quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after purchasing an additional 194,535 shares during the last quarter. Bank of America Corp DE increased its position in shares of Analog Devices by 5.2% during the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock valued at $3,250,341,000 after purchasing an additional 501,604 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Analog Devices in the 4th quarter worth approximately $2,215,516,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 1,416 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total transaction of $534,355.92. Following the sale, the director directly owned 114,511 shares of the company’s stock, valued at $43,213,016.07. This trade represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 105,274 shares of company stock worth $42,247,986. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices Price Performance

NASDAQ ADI opened at $389.39 on Friday. 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, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The stock has a market cap of $189.67 billion, a price-to-earnings ratio of 57.86, a PEG ratio of 0.99 and a beta of 1.20. The company’s 50 day moving average is $391.20 and its two-hundred day moving average is $368.82.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.85 earnings per share. 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 12.42 earnings per share for the current year.

Analog Devices Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Oppenheimer raised their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Citigroup upped their target price on shares of Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Raymond James Financial reiterated an “outperform” rating and issued a $430.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 price target on shares of Analog Devices in a research note on Wednesday, May 20th. Finally, TD Cowen boosted their price objective on shares of Analog Devices from $450.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Two investment 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 stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $441.00.

Analog Devices News Roundup

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

• Positive Sentiment: Analysts expect approximately $3.33 in earnings per share on $3.93 billion in revenue for the quarter ended July 2026. Coverage also points to a potential earnings beat, supported by broad-based demand and AI-driven growth in the Communications segment. KeyBanc reiterated an Overweight rating with a $525 price target. How To Earn $500 a Month From Analog Devices Stock Ahead of Q3 Earnings
• Positive Sentiment: Investors continue to view ADI’s industrial and data-center exposure, strong margins, and artificial-intelligence opportunities as potential justifications for its elevated valuation. The company’s prior quarter also showed strong momentum, with revenue rising 37.2% year over year and EPS exceeding estimates. Should Investors Buy ADI Stock Despite its Premium Valuation?
• Neutral Sentiment: Pre-earnings analysis is encouraging investors to look beyond revenue and EPS toward operating metrics and segment trends. The upcoming report is therefore likely to be a near-term catalyst, with the stock’s reaction depending heavily on guidance and evidence that demand remains broad based. Should You Buy, Sell or Hold ADI Stock Before Q3 Earnings?
• Negative Sentiment: ADI trades at a premium multiple, leaving limited room for execution issues or cautious guidance. Analysts also flag possible near-term volatility, while broader semiconductor flows and warnings that the chip cycle may be approaching a peak could weigh on sentiment across the sector. Semiconductor Flows Stay Sticky in Leveraged Chip ETFs

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.