Pictet Asset Management Holding SA Sells 43,719 Shares of Analog Devices, Inc. $ADI

Pictet Asset Management Holding SA trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI) by 3.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,202,164 shares of the semiconductor company’s stock after selling 43,719 shares during the period. Pictet Asset Management Holding SA’s holdings in Analog Devices were worth $382,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. ABN AMRO Bank N.V. boosted its holdings in shares of Analog Devices by 13.8% in the first quarter. ABN AMRO Bank N.V. now owns 17,919 shares of the semiconductor company’s stock valued at $5,557,000 after purchasing an additional 2,175 shares during the period. Cambient Family Office LLC increased its holdings in Analog Devices by 18.8% during the 1st quarter. Cambient Family Office LLC now owns 1,482 shares of the semiconductor company’s stock worth $471,000 after purchasing an additional 234 shares during the period. TigerOak Management L.L.C. purchased a new position in Analog Devices during the 1st quarter worth $204,000. Riverstone Advisors LLC raised its position in Analog Devices by 12.5% during the 1st quarter. Riverstone Advisors LLC now owns 883 shares of the semiconductor company’s stock valued at $281,000 after purchasing an additional 98 shares in the last quarter. Finally, Maridea Wealth Management LLC bought a new stake in Analog Devices during the 1st quarter valued at $291,000. 86.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. KeyCorp increased their price target on Analog Devices from $430.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Stifel Nicolaus lifted their price objective on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a report on Wednesday. Bank of America upped their price objective on shares of Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $450.00 target price on shares of Analog Devices in a research report on Wednesday, May 20th. Two 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $434.43.

Insider Activity

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Karen Golz sold 1,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $411.95, for a total transaction of $411,950.00. Following the sale, the director directly owned 12,019 shares of the company’s stock, valued at approximately $4,951,227.05. The trade was a 7.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 101,442 shares of company stock valued at $40,422,954. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Down 7.4%

Shares of NASDAQ ADI opened at $387.14 on Friday. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $445.91. The stock’s fifty day simple moving average is $408.01 and its two-hundred day simple moving average is $345.52. The stock has a market capitalization of $188.57 billion, a PE ratio of 57.52, a price-to-earnings-growth ratio of 1.08 and a beta of 1.18. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s payout ratio is 65.38%.

Analog Devices News Roundup

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

• Positive Sentiment: Analog Devices posted record Q2 2026 results, including $3.62 billion in revenue and broad growth across end markets, supporting the stock’s rally. Analog Devices (ADI) Buys Empower As Record Revenue Deepens Its AI Push
• Positive Sentiment: The Empower Semiconductor acquisition is seen as a strategic AI move that could deepen ADI’s exposure to fast-growing data-center power solutions. Analog Devices (ADI) Buys Empower As Record Revenue Deepens Its AI Push
• Positive Sentiment: Recent articles continue to frame ADI as a long-term winner, with multiple writeups calling it a strong “buy and hold” stock for the next 10 years, which can support investor sentiment. Analog Devices (ADI) is One of the Best Future Stocks to Buy and Hold for 10 Years
• Neutral Sentiment: Coverage also notes that the stock has already risen sharply over the past six months, which may keep some investors cautious about valuation after the run-up. Analog Devices (ADI) Up More Than 60% Over the Past 6 Months. Here’s What You Need to Know
• Negative Sentiment: One report highlights that management had previously been shipping below end-market demand, suggesting part of the recent strength may reflect pent-up orders rather than purely new demand. What Analog Devices Stock Was Saying By Intentionally Selling Less

Analog Devices Company 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.