Analog Devices, Inc. $ADI Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 6.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 133,367 shares of the semiconductor company’s stock after selling 8,567 shares during the quarter. Boston Trust Walden Corp’s holdings in Analog Devices were worth $42,429,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. BetterWealth LLC purchased a new position in Analog Devices in the first quarter valued at $476,000. Root Financial Partners LLC raised its holdings in shares of Analog Devices by 8.1% during the first quarter. Root Financial Partners LLC now owns 671 shares of the semiconductor company’s stock valued at $213,000 after acquiring an additional 50 shares during the last quarter. EJMK Ventures LLC purchased a new position in Analog Devices in the 1st quarter valued at $303,000. Balentine LLC lifted its stake in shares of Analog Devices by 7.0% in the first quarter. Balentine LLC now owns 1,253 shares of the semiconductor company’s stock worth $399,000 after buying an additional 82 shares in the last quarter. Finally, Financial Life Planners purchased a new position in Analog Devices in the 1st quarter worth approximately $50,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of ADI stock opened at $377.16 on Friday. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $445.91. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The stock’s 50-day moving average price is $409.48 and its 200 day moving average price is $349.05. The stock has a market capitalization of $183.71 billion, a PE ratio of 56.04, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18.

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

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 65.38%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Sanford C. Bernstein reissued a “market perform” rating and set a $430.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Cantor Fitzgerald lifted their price objective on Analog Devices from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Monday. Arete Research raised shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price on the stock in a research note on Monday, March 30th. Citigroup increased their price target on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company boosted their target price on shares of Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and an average target price of $439.79.

Insiders Place Their Bets

In other news, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $411.95, for a total transaction of $411,950.00. Following the transaction, the director directly owned 12,019 shares of the company’s stock, valued at $4,951,227.05. This represents a 7.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $398.11, for a total transaction of $563,723.76. Following the sale, the director directly owned 118,759 shares in the company, valued at approximately $47,279,145.49. This represents a 1.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 91,442 shares of company stock worth $37,241,554 in the last ninety days. 0.36% of the stock is owned by insiders.

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.