Picton Mahoney Asset Management Acquires 19,981 Shares of Analog Devices, Inc. $ADI

Picton Mahoney Asset Management boosted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 34.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 77,893 shares of the semiconductor company’s stock after acquiring an additional 19,981 shares during the period. Picton Mahoney Asset Management’s holdings in Analog Devices were worth $19,137,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Howard Hughes Medical Institute acquired a new stake in shares of Analog Devices during the second quarter worth $25,000. Clayton Financial Group LLC bought a new position in Analog Devices during the third quarter worth about $31,000. Y.D. More Investments Ltd acquired a new position in shares of Analog Devices during the 3rd quarter worth about $32,000. LFA Lugano Financial Advisors SA increased its stake in shares of Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. acquired a new stake in shares of Analog Devices in the 3rd quarter valued at approximately $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $338.99 on Wednesday. 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 firm has a market cap of $165.49 billion, a price-to-earnings ratio of 61.97, a price-to-earnings-growth ratio of 1.62 and a beta of 1.00. The stock’s 50-day moving average is $313.25 and its 200-day moving average is $271.37. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20.

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

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be given a $1.10 dividend. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 3rd. Analog Devices’s payout ratio is presently 72.39%.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of analyst reports. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 20th. Morgan Stanley reissued an “overweight” rating and issued a $373.00 price target on shares of Analog Devices in a report on Thursday, February 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a $410.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Wells Fargo & Company boosted their target price on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, KeyCorp increased their price target on Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Three research 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the sale, the director directly owned 123,821 shares of the company’s stock, valued at $39,288,403.30. The trade was a 2.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Martin Cotter sold 10,000 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the transaction, the senior vice president owned 49,664 shares of the company’s stock, valued at approximately $13,828,444.16. This represents a 16.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 57,743 shares of company stock valued at $16,836,340 in the last three months. 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.