Magnetar Financial LLC Acquires New Stake in Analog Devices, Inc. $ADI

Magnetar Financial LLC acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,339 shares of the semiconductor company’s stock, valued at approximately $2,295,000.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Analog Devices by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company’s stock worth $12,380,652,000 after purchasing an additional 162,075 shares in the last quarter. State Street Corp increased its stake in Analog Devices by 2.2% during the 2nd quarter. State Street Corp now owns 23,317,256 shares of the semiconductor company’s stock valued at $5,549,973,000 after purchasing an additional 506,507 shares in the last quarter. Norges Bank bought a new stake in Analog Devices during the 2nd quarter valued at about $1,803,377,000. Ameriprise Financial Inc. raised its holdings in Analog Devices by 6.3% in the second quarter. Ameriprise Financial Inc. now owns 6,326,772 shares of the semiconductor company’s stock worth $1,506,448,000 after buying an additional 375,207 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in Analog Devices by 10.1% in 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 buying an additional 541,760 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Price Performance

Shares of ADI opened at $307.27 on Friday. The firm has a fifty day simple moving average of $319.78 and a two-hundred day simple moving average of $274.86. The firm has a market cap of $150.01 billion, a PE ratio of 56.17, a P/E/G ratio of 1.47 and a beta of 1.00. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $363.20.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results 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 firm had revenue of $3.16 billion for 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%.The company’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period last year, the business posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio is presently 80.44%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ADI. Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the company a “buy” rating in a report on Wednesday, February 18th. Bank of America boosted their price objective on shares of Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Robert W. Baird set a $365.00 target price on Analog Devices in a research note on Thursday, February 19th. Wells Fargo & Company lifted their target price on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $270.00 price target on shares of Analog Devices in a research note on Wednesday, November 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and an average price target of $366.96.

Insider Activity

In related news, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the sale, the senior vice president directly owned 12,710 shares in the company, valued at approximately $3,831,556.60. The trade was a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Michael Sondel sold 4,199 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the sale, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,574 shares of company stock worth $14,565,113. Company insiders own 0.36% of the company’s stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Management highlighted plans to lift gross margins to ~74% and add ~200 bps to operating margins next quarter and pointed to rising AI-driven capital spending as a tailwind for its ATE (automated test equipment) business — supports higher profitability and a longer-term growth narrative. Analog Devices (ADI) Presents at Morgan Stanley’s Conference
• Positive Sentiment: Several bullish analyst/press pieces highlight ADI’s recent outperformance (14% gain over three months) and argue the company remains attractive for growth investors given AI-driven industrial and comms demand plus margin expansion. ADI Climbs 14% in 3 Months
• Positive Sentiment: Analyst commentary and industry data point to a strong semiconductor cycle (AI-led) that benefits ADI’s end markets — supportive for revenue and pricing over coming quarters. The Zacks Analyst Blog: Analog Devices, NXP, Taiwan and NVIDIA
• Neutral Sentiment: A 247WallStreet/coverage note mentions Goldman Sachs raising price targets on several tech names; it’s not explicit ADI-focused but contributes to sector sentiment that can indirectly affect ADI. Goldman Sachs Raises Price Targets
• Neutral Sentiment: Reported short-interest entries for March show anomalous/zero values and NaN changes in the feed — data appears unreliable and does not provide a clear bearish signal (no meaningful days-to-cover). (internal short-interest feed entries)
• Negative Sentiment: A market write-up focused on the near-term reaction says ADI fell sharply after the margin/ATE commentary — suggesting some investors sold into the news or questioned timing/visibility of the margin lift despite management’s longer-term guidance. Analog Devices (ADI) Is Down 6.5% After Margin Plan And AI ATE Tailwind Commentary

Analog Devices 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.