Cornerstone Advisors LLC Trims Stake in Analog Devices, Inc. $ADI

Cornerstone Advisors LLC cut its stake in Analog Devices, Inc. (NASDAQ:ADI) by 27.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,100 shares of the semiconductor company’s stock after selling 10,500 shares during the period. Cornerstone Advisors LLC’s holdings in Analog Devices were worth $6,658,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quent Capital LLC lifted its position in Analog Devices by 2.4% during the 3rd quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock worth $445,000 after acquiring an additional 42 shares during the period. Carson Advisory Inc. grew its position in Analog Devices by 3.1% during the third quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock valued at $354,000 after buying an additional 43 shares during the period. Sivia Capital Partners LLC grew its holdings in Analog Devices by 2.5% in the third quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock valued at $441,000 after purchasing an additional 44 shares during the period. Klingman & Associates LLC increased its holdings in Analog Devices by 3.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock worth $313,000 after acquiring an additional 45 shares in the last quarter. Finally, Solstein Capital LLC raised its position in shares of Analog Devices by 2.0% during the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock worth $549,000 after purchasing an additional 46 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the transaction, the director directly owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. The trade was a 2.46% 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, SVP Katsufumi Nakamura sold 500 shares of the firm’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. This trade represents a 3.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 53,544 shares of company stock worth $15,320,417. Corporate insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of a number of recent research reports. BNP Paribas Exane initiated coverage on shares of Analog Devices in a research report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 target price for the company. Susquehanna lifted their price target on shares of Analog Devices from $350.00 to $360.00 and gave the company a “positive” rating in a research report on Thursday, January 22nd. Piper Sandler reissued a “neutral” rating on shares of Analog Devices in a research report on Thursday. Wells Fargo & Company set a $340.00 price objective on shares of Analog Devices and gave the company an “overweight” rating in a report on Thursday, January 15th. Finally, Cfra reiterated a “buy” rating and set a $280.00 price target on shares of Analog Devices in a research report on Tuesday, November 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Analog Devices has an average rating of “Moderate Buy” and an average target price of $334.08.

Analog Devices Trading Up 2.6%

Shares of ADI stock opened at $346.37 on Thursday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $355.36. The company has a 50 day moving average price of $299.67 and a 200 day moving average price of $263.17. The stock has a market capitalization of $169.25 billion, a P/E ratio of 75.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.68 and a current ratio of 2.19.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The firm’s revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

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

More Analog Devices News

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

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.