Cornerstone Advisors LLC Reduces Stock Holdings in Analog Devices, Inc. $ADI

Cornerstone Advisors LLC lessened its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 27.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 27,100 shares of the semiconductor company’s stock after selling 10,500 shares during the quarter. Cornerstone Advisors LLC’s holdings in Analog Devices were worth $6,658,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ADI. Vanguard Group Inc. boosted its stake in Analog Devices by 0.3% in the third quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company’s stock valued at $12,380,652,000 after acquiring an additional 162,075 shares in the last quarter. State Street Corp lifted its holdings in shares of Analog Devices by 2.2% in 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 during the last quarter. Geode Capital Management LLC boosted its position in shares of Analog Devices by 5.7% in the 2nd quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock valued at $2,770,448,000 after purchasing an additional 633,425 shares during the period. Norges Bank purchased a new position in Analog Devices during the 2nd quarter worth approximately $1,803,377,000. Finally, Ameriprise Financial Inc. increased its position in Analog Devices by 6.3% during 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 period. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Performance

NASDAQ ADI opened at $346.37 on Thursday. The company has a current ratio of 2.19, a quick ratio of 1.68 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average is $299.67 and its two-hundred day moving average is $263.17. The stock has a market capitalization of $169.25 billion, a price-to-earnings ratio of 75.96, a PEG ratio of 1.93 and a beta of 1.03. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $355.36.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share 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 analyst estimates of $3.10 billion. Analog Devices had a return on equity of 11.23% and a net margin of 20.58%.Analog Devices’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend is Tuesday, March 3rd. Analog Devices’s dividend payout ratio is 86.84%.

Analysts Set New Price Targets

ADI has been the subject of several research analyst reports. Oppenheimer reissued an “outperform” rating and issued a $400.00 price objective on shares of Analog Devices in a report on Thursday. Evercore decreased their price target on shares of Analog Devices from $303.00 to $282.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. Weiss Ratings lowered shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $370.00 target price on shares of Analog Devices in a research note on Wednesday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $410.00 price target on shares of Analog Devices in a research report on Thursday. Three 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 company. Based on data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $334.08.

Trending Headlines about Analog Devices

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

• Positive Sentiment: Q1 beat and very strong Q2 guidance — ADI reported $2.46 adjusted EPS on $3.16B revenue (both above consensus) and set Q2 EPS guidance of $2.73–3.03 and revenue ~$3.4–3.6B, well above Street expectations; this is the primary catalyst for the rally. Analog Devices Reports Fiscal First Quarter 2026 Financial Results
• Positive Sentiment: AI / data-center and industrial strength — management highlighted record data-center orders and broad industrial bookings, reinforcing the narrative that AI demand is lifting ADI’s end markets and margins. Analog Devices sees strong second-quarter as AI boom fuels chip sales
• Positive Sentiment: Dividend increase and cash returns — ADI raised the quarterly dividend 11% to $1.10 and returned $1.0B via dividends/repurchases in Q1, signaling strong free cash flow and shareholder-friendly capital allocation. Analog Devices Raises Quarterly Dividend by 11%
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms have raised ratings/targets (Needham upgraded to Buy with a $400 target; Cantor Fitzgerald and Stifel raised targets), which supports further upside expectations. Finviz (analyst upgrade summary)
• Neutral Sentiment: Market commentary and transcripts — analysts and reporters are debating how much of ADI’s upside is sustainable vs. AI-driven cyclical acceleration; read-throughs from the earnings call and transcripts provide detail but no new surprises. Analog Devices Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Coverage pieces emphasize potential upside (some suggest ADI could reach $400), which may amplify momentum but is opinion-driven rather than new company data. Analog Devices Q1 Earnings: The AI Narrative Is Stealing The Show
• Negative Sentiment: Insider selling is notable — recent filings show significant insider dispositions, which some investors view as a cautionary sign even amid strong results. QuiverQuant earnings analysis and insider activity
• Negative Sentiment: Governance discussion — a separate governance debate about special meeting rights could create distraction or proxy-related uncertainty for shareholders. Analog Devices Governance Debate Puts Special Meeting Rights In Focus

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer owned 155,688 shares of the company’s stock, valued at $47,783,760.96. The trade was a 6.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares of the company’s stock, valued at $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 53,544 shares of company stock worth $15,320,417. Corporate insiders own 0.36% of the company’s stock.

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.