Analog Devices, Inc. $ADI Shares Acquired by Bank of America Corp DE

Bank of America Corp DE increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5.2% in the first quarter, Holdings Channel reports. The firm owned 10,216,699 shares of the semiconductor company’s stock after buying an additional 501,604 shares during the quarter. Bank of America Corp DE’s holdings in Analog Devices were worth $3,250,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Banque Transatlantique SA purchased a new stake in Analog Devices during the 4th quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Analog Devices in the first quarter valued at approximately $30,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Analog Devices during the fourth quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Analog Devices during the fourth quarter worth approximately $27,000. Finally, Entrust Financial LLC acquired a new stake in shares of Analog Devices during the fourth quarter worth $33,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the completion of the sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $57,096,149.94. This trade represents a 17.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 103,858 shares of company stock valued at $42,062,730. 0.36% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ADI has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. KeyCorp raised their target price on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Truist Financial lifted their target price on shares of Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a report on Wednesday, May 20th. TD Cowen increased their price target on shares of Analog Devices from $450.00 to $460.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Jefferies Financial Group raised their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $441.00.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Analog Devices’ latest reported quarter showed strong operating momentum: earnings and revenue exceeded analyst expectations, with revenue rising 37.2% year over year. Management also issued third-quarter EPS guidance of $3.15–$3.45, supporting the company’s growth outlook.
• Neutral Sentiment: Strong results from semiconductor peers, including NXP Semiconductors, F5 and Amkor Technology, point to healthy automotive, industrial, data-center and advanced-packaging demand. This provides a generally supportive sector backdrop for ADI, although the companies have different end-market exposures. NXP Semiconductors Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Neutral Sentiment: The stock had already weakened in the prior session while the broader market advanced, indicating investor caution before the cybersecurity update. Analog Devices Stock Dips While Market Gains
• Negative Sentiment: Analog Devices said it detected unauthorized access to certain company systems on June 23, 2026. The company is evaluating the incident and its potential impact; uncertainty around data exposure, operational disruption, remediation costs or disclosure obligations is likely pressuring the stock. Analog Devices Evaluates New Cybersecurity Issue and Impact
• Negative Sentiment: After a 141.5% five-year total return, valuation concerns are becoming more important. With a reported price-to-earnings ratio above 50, investors may be less willing to tolerate new execution or cybersecurity risks. Is Analog Devices Trading At A Premium After Its 141% Run?

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $353.37 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The firm has a market capitalization of $172.12 billion, a P/E ratio of 52.51, a PEG ratio of 0.95 and a beta of 1.18. The company’s fifty day moving average is $399.13 and its two-hundred day moving average is $362.69.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter last year, the firm posted $1.85 EPS. The business’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts forecast that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

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.