Payden & Rygel Cuts Holdings in Analog Devices, Inc. $ADI

Payden & Rygel trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 66,000 shares of the semiconductor company’s stock after selling 2,300 shares during the quarter. Analog Devices accounts for approximately 1.2% of Payden & Rygel’s investment portfolio, making the stock its 26th biggest position. Payden & Rygel’s holdings in Analog Devices were worth $17,899,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Y.D. More Investments Ltd purchased a new stake in shares of Analog Devices during the 3rd quarter valued at about $32,000. LFA Lugano Financial Advisors SA boosted its holdings 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 valued at $33,000 after acquiring an additional 65 shares during the last quarter. Albion Financial Group UT boosted its holdings in shares of Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares during the last quarter. Entrust Financial LLC purchased a new stake in shares of Analog Devices during the 4th quarter valued at about $33,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its holdings 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 valued at $35,000 after acquiring an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Investors are looking ahead to Analog Devices’ upcoming quarterly results, with articles highlighting expected strength in AI data center demand, robotics, and optical networking as potential drivers for another solid report. Article Title
• Positive Sentiment: Reuters and other reports said Analog Devices is in advanced talks to buy Empower Semiconductor for about $1.5 billion, a move that could strengthen ADI’s power-management lineup for AI processors and data-center infrastructure. Article Title
• Positive Sentiment: Stifel noted that Analog Devices is benefiting from broader analog-chip tailwinds ahead of earnings, reinforcing the view that fundamentals in the sector remain constructive. Article Title
• Neutral Sentiment: Several market preview pieces framed ADI as a stock near its highs and discussed whether it remains a buy before earnings, which suggests investor interest is elevated but does not add a clear new catalyst. Article Title
• Neutral Sentiment: Video and commentary on the industrial semiconductor outlook described ADI as an important infrastructure name, but also pointed to near-term industry challenges, making the takeaway mixed rather than decisive. Article Title
• Negative Sentiment: There were also broad market headlines about softer oil and lower futures, which could weigh on sentiment for cyclical chip names, though this is not specific to Analog Devices. Article Title

Insider Activity at Analog Devices

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction that occurred on 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 transaction, the chief accounting officer owned 14,740 shares of the company’s stock, valued at $5,321,434.80. The trade was a 22.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the transaction, the chief executive officer directly owned 187,538 shares in the company, valued at $74,623,245.58. This represents a 5.06% 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 have sold 24,199 shares of company stock worth $8,676,423 in the last ninety days. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

ADI has been the topic of a number of recent analyst reports. KeyCorp raised their price target on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Robert W. Baird set a $365.00 price target on Analog Devices in a research note on Thursday, February 19th. Oppenheimer raised their price target on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. TD Cowen restated a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Finally, Citigroup restated a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $381.27.

Analog Devices Price Performance

NASDAQ ADI opened at $418.58 on Tuesday. The company has a market capitalization of $204.35 billion, a PE ratio of 76.52, a price-to-earnings-growth ratio of 1.68 and a beta of 1.19. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The business’s fifty day moving average is $355.22 and its 200 day moving average is $311.74. Analog Devices, Inc. has a fifty-two week low of $206.00 and a fifty-two week high of $435.72.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the firm earned $1.63 earnings per share. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 11.35 earnings per share for the current year.

About Analog Devices

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.