Analog Devices, Inc. $ADI Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. lessened its stake in Analog Devices, Inc. (NASDAQ:ADI) by 19.4% during the third quarter, HoldingsChannel.com reports. The firm owned 9,722 shares of the semiconductor company’s stock after selling 2,338 shares during the period. Shell Asset Management Co.’s holdings in Analog Devices were worth $2,389,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp grew its holdings in shares of Analog Devices by 12.9% during the third quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock valued at $41,907,000 after buying an additional 19,383 shares in the last quarter. Solstein Capital LLC boosted its position in 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 acquiring an additional 46 shares during the period. SG Americas Securities LLC grew its stake in Analog Devices by 684.6% during the 3rd quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock valued at $211,871,000 after acquiring an additional 752,411 shares in the last quarter. Voya Investment Management LLC lifted its position in shares of Analog Devices by 22.3% in the third quarter. Voya Investment Management LLC now owns 1,293,403 shares of the semiconductor company’s stock worth $317,789,000 after purchasing an additional 236,211 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of Analog Devices by 26.4% during the third quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock worth $10,795,000 after purchasing an additional 9,174 shares during the period. Institutional investors own 86.81% of the company’s stock.

Analog Devices News Summary

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

• Positive Sentiment: Barclays upgraded ADI from “equal weight” to “overweight” and raised its price target to $375, citing an industrial recovery that should lift demand and signaling meaningful upside versus prior targets. Barclays upgrade
• Positive Sentiment: Analyst and media write-ups highlight ADI’s consistent earnings beats and upgraded guidance, improving valuation narratives and supporting investor confidence in continued margin and revenue strength. Valuation after earnings beats
• Positive Sentiment: Fund commentary (Carillon Tower) and other coverage point to Q4 strength for ADI, reinforcing the view that recent results and market positioning contributed to upside in recent sessions. Q4 performance explanation
• Neutral Sentiment: Zacks and other outlets published pieces summarizing Wall Street’s bullish consensus and Q1 metric estimates — useful for context but not single-handed catalysts. Zacks analyst overview
• Neutral Sentiment: Pre-earnings Q1 outlook pieces and broader analyst notes provide estimates for key metrics; these shape expectations but are forward-looking rather than immediate market drivers. Q1 outlook
• Neutral Sentiment: Short-interest reports in recent feeds show anomalous zeros/NaN values, which appear to be reporting errors and should not be treated as a real increase in bearish positioning. (Monitor for corrected data.)
• Negative Sentiment: A note explaining why ADI fell more than the market in a recent session points to near-term profit-taking and market rotation pressures that can create short-term volatility despite the bullish analyst backdrop. Recent pullback explanation

Analyst Ratings Changes

ADI has been the subject of a number of research analyst reports. Oppenheimer increased their target price on shares of Analog Devices from $265.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. BNP Paribas Exane started coverage on Analog Devices in a report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective for the company. Cantor Fitzgerald restated an “overweight” rating and issued a $350.00 target price on shares of Analog Devices in a research note on Tuesday, December 16th. Susquehanna raised their price target on Analog Devices from $350.00 to $360.00 and gave the stock a “positive” rating in a research note on Thursday, January 22nd. Finally, Cfra reissued a “buy” rating and issued a $280.00 price target on shares of Analog Devices in a research note on Tuesday, November 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $314.87.

Analog Devices Stock Up 1.7%

Shares of Analog Devices stock opened at $337.10 on Friday. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $343.96. The company has a quick ratio of 1.68, a current ratio of 2.19 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average price of $295.98 and a two-hundred day moving average price of $260.77. The stock has a market capitalization of $164.72 billion, a P/E ratio of 73.93, a PEG ratio of 1.93 and a beta of 1.03.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same period in the previous year, the company earned $1.67 earnings per share. Analog Devices’s revenue for the quarter was up 25.9% on a year-over-year basis. Equities analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 8th were paid a $0.99 dividend. The ex-dividend date was Monday, December 8th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.2%. Analog Devices’s payout ratio is presently 86.84%.

Insiders Place Their Bets

In other news, CAO Michael Sondel sold 8,169 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total transaction of $2,271,227.07. Following the completion of the transaction, the chief accounting officer directly owned 18,913 shares in the company, valued at $5,258,381.39. The trade was a 30.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the sale, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,544 shares of company stock valued at $15,320,417 in the last ninety days. Company insiders own 0.36% of the company’s stock.

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.