ADI · News · 20260815N
Acquisition / Partnership / Divestiture
ANALOG DEVICES INC · 2026-08-15 · Importance 47 · Surprise 60
Analog Devices completed the ADI Global Distribution spin-off, separating its global distribution business from the company. The transaction prompted analysts to revise Resideo Technologies’ outlook toward a more residential-controls-focused profile. Analysts also adjusted revenue-growth expectations, profit-margin assumptions, and P/E multiples following the spin-off.
Key facts
- The news references the ADI Global Distribution spin-off. source
- Bryn Mawr Trust Advisors LLC acquired 30,421 shares of Analog Devices, Inc. during the second quarter, valued at approximately $12.1 million. source
- Cornerstone Capital Inc. acquired 8,657 shares of Analog Devices during the second quarter, valued at approximately $3.44 million. source
- Summit Global Investments purchased 4,091 shares of Analog Devices during the second quarter, investing $1.62 million. source