Analog Devices, Inc. $ADI Stock Position Raised by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 13.7% in the third quarter, HoldingsChannel reports. The fund owned 79,673 shares of the semiconductor company’s stock after acquiring an additional 9,612 shares during the period. TD Waterhouse Canada Inc.’s holdings in Analog Devices were worth $32,213,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Riverbend Wealth Management LLC lifted its holdings in Analog Devices by 2.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock worth $396,000 after purchasing an additional 27 shares during the last quarter. Bridgewater Advisors Inc. boosted its stake in Analog Devices by 1.5% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $574,000 after purchasing an additional 27 shares during the period. Silicon Valley Capital Partners boosted its stake in Analog Devices by 4.2% in the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after purchasing an additional 27 shares during the period. Cornerstone Financial Management LLC boosted its stake in Analog Devices by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 28 shares during the period. Finally, Strategy Asset Managers LLC grew its holdings in Analog Devices by 2.1% in the 3rd quarter. Strategy Asset Managers LLC now owns 1,439 shares of the semiconductor company’s stock valued at $571,000 after buying an additional 29 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices News Roundup

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

• Positive Sentiment: KeyCorp sharply increased its long-term earnings forecast. The firm raised its FY2027 EPS estimate to $17.88 from $15.32, implying substantially stronger expected profitability. It also lifted estimates for every quarter from Q4 2026 through Q4 2027, citing a more favorable outlook for Analog Devices’ earnings trajectory. KeyBanc keeps USD 525 target for Analog Devices stock
• Positive Sentiment: Near-term estimates were also raised. KeyCorp increased its FY2026 EPS forecast to $13.06 from $12.62 and raised its Q4 2026 estimate to $4.07 from $3.67. Forecasts for Q1 through Q4 2027 were raised to $4.17, $4.35, $4.63 and $4.74, respectively. These revisions put KeyCorp’s estimates above the current full-year consensus of $12.99 and reinforce its $525 target.
• Positive Sentiment: Analog Devices is partnering with InoBat on battery energy-storage systems for AI data centers. The collaboration could provide exposure to growing data-center power and energy-storage demand, although the announcement did not disclose financial terms or expected revenue. InoBat, Analog Devices to team up on BESS for AI data centres
• Neutral Sentiment: The stock has recently traded below KeyCorp’s $525 price objective, but the shares decreased even as analysts raised earnings expectations. That divergence suggests investors may be focused on valuation, broader semiconductor-market conditions or profit-taking rather than the upgraded forecasts alone.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wall Street Zen cut Analog Devices from a “buy” rating to a “hold” rating in a research report on Saturday. Piper Sandler set a $460.00 target price on Analog Devices in a report on Tuesday, September 8th. Sanford C. Bernstein raised shares of Analog Devices from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $430.00 to $465.00 in a research report on Wednesday, August 19th. Robert W. Baird boosted their target price on shares of Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. Finally, Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $460.09.

Analog Devices Trading Down 2.1%

Shares of NASDAQ:ADI opened at $395.44 on Friday. The company has a market capitalization of $191.62 billion, a P/E ratio of 46.91, a P/E/G ratio of 1.22 and a beta of 1.22. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The business’s 50 day simple moving average is $382.76 and its 200 day simple moving average is $386.52.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The company’s revenue was up 39.2% on a year-over-year basis. During the same quarter last year, the company earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 12.99 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices’s dividend payout ratio is 52.19%.

Insider Buying and Selling

In related news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the transaction, the chief executive officer owned 115,460 shares of the company’s stock, valued at $45,830,692.40. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the sale, the insider directly owned 40,428 shares of the company’s stock, valued at $16,437,216.24. This represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 50,936 shares of company stock worth $19,430,764. Company insiders own 0.36% of the company’s stock.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.