PineStone Asset Management Inc. Has $240.03 Million Position in Analog Devices, Inc. $ADI

PineStone Asset Management Inc. lowered its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 885,076 shares of the semiconductor company’s stock after selling 39,900 shares during the quarter. Analog Devices accounts for about 1.5% of PineStone Asset Management Inc.’s investment portfolio, making the stock its 23rd biggest position. PineStone Asset Management Inc.’s holdings in Analog Devices were worth $240,033,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ADI. Howard Hughes Medical Institute acquired a new stake in Analog Devices during the second quarter valued at approximately $25,000. Clayton Financial Group LLC bought a new stake in shares of Analog Devices in the 3rd quarter valued at approximately $31,000. Y.D. More Investments Ltd acquired a new position in shares of Analog Devices in the 3rd quarter worth approximately $32,000. LFA Lugano Financial Advisors SA lifted its position in shares of Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after buying an additional 65 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC lifted its position in shares of Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after buying an additional 49 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insiders Place Their Bets

In other Analog Devices news, SVP Katsufumi Nakamura sold 500 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the transaction, the senior vice president directly owned 12,710 shares in the company, valued at approximately $3,831,556.60. This represents a 3.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at $5,321,434.80. This trade represents a 22.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,449 shares of company stock valued at $12,336,069 over the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Wells Fargo & Company upped their price target on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Benchmark lifted their price objective on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 19th. KeyCorp boosted their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Evercore reiterated an “outperform” rating and set a $387.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices has an average rating of “Buy” and a consensus target price of $367.81.

Analog Devices Stock Performance

ADI stock opened at $318.14 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The company has a 50 day moving average price of $324.45 and a 200 day moving average price of $280.92. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $363.20. The stock has a market capitalization of $155.32 billion, a PE ratio of 58.16, a price-to-earnings-growth ratio of 1.39 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The business’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period last year, the company earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were issued a $1.10 dividend. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Arete Research upgraded ADI from “neutral” to “buy” and set a $389 price target, citing upside vs. the stock’s current level — a clear catalyst for positive sentiment among growth/value investors. Analog Devices upgraded at Aretes
• Positive Sentiment: Analysts remain bullish on top tech names and highlight ADI among favored semiconductor stories, supporting demand from fund managers and momentum traders. Analysts Are Bullish on Top Technology Stocks: Analog Devices (ADI), TSS (TSSI)
• Positive Sentiment: Fundamentals: Zacks notes ADI’s industrial segment grew ~38% and led revenues, driven by AI-related, automation and energy end-markets — evidence of durable growth that supports analyst upgrades and higher earnings expectations. Analog Devices’ Industrial Segment Picks Up Pace: What Lies Ahead?
• Positive Sentiment: Product/tech visibility: An ADI Fellow will present at ICDT 2026 on display-related semiconductors — a signal of continued R&D/product depth across consumer, automotive and industrial displays that can support medium-term revenue expansion. Analog Devices Fellow To Spotlight Display Technology Role At ICDT 2026
• Neutral Sentiment: Market attention: ADI is appearing on watchlists and “stocks to watch” roundups, which can increase intraday trading volume but don’t necessarily change fundamentals. 4 stocks to watch on Monday: ADI, KO, UPS, SYY
• Neutral Sentiment: Longer-term cash/quality discussions: coverage pieces highlighting cash generation keep ADI on the radar for income/quality-focused investors but are not immediate price drivers. 1 Cash-Producing Stock with Solid Fundamentals and 2 We Brush Off
• Negative Sentiment: Near-term pressure from “AI jitters”: trade write-ups note ADI (and peers) have recently pulled back amid short-term concerns about AI-related demand dynamics and positioning, which can amplify volatility even as fundamentals improve. Buy 2 AI Memory Giants at Lucrative Valuations Amid Solid Price Upside
• Negative Sentiment: Analyst/estimate noise: some headlines highlight recent slumps in ADI share price despite upgrades, underscoring that momentum and sentiment swings (rather than earnings misses) are currently the main sources of downside risk. Buy 2 AI Memory Giants at Lucrative Valuations Amid Solid Price Upside (Zacks)

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.