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

TD Waterhouse Canada Inc. lifted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 13.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,673 shares of the semiconductor company’s stock after purchasing an additional 9,612 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Analog Devices were worth $32,213,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on ADI shares. 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. Piper Sandler set a $460.00 price objective on Analog Devices in a report on Tuesday, September 8th. Needham & Company LLC lifted their target price on Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Sanford C. Bernstein upgraded Analog Devices from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. Finally, Fundamental Research set a $550.00 target price on Analog Devices in a report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $460.09.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $395.44 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average price is $382.76 and its two-hundred day moving average price is $386.52. The company has a market cap of $191.62 billion, a PE ratio of 46.91, a price-to-earnings-growth ratio of 1.22 and a beta of 1.22. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91.

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

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio is 52.19%.

Trending Headlines about Analog Devices

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.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, insider Katsufumi Nakamura sold 1,200 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the completion of the sale, the insider owned 14,849 shares of the company’s stock, valued at $6,162,631.98. This trade represents a 7.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the transaction, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at approximately $45,830,692.40. This trade represents a 7.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 50,936 shares of company stock worth $19,430,764. 0.36% of the stock is currently owned by corporate insiders.

Analog Devices 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.