Analog Devices, Inc. $ADI Stake Trimmed by Bahl & Gaynor LLC

Bahl & Gaynor LLC trimmed its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.0% during the third quarter, Holdings Channel.com reports. The fund owned 392,937 shares of the semiconductor company’s stock after selling 12,013 shares during the quarter. Bahl & Gaynor LLC’s holdings in Analog Devices were worth $155,882,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ullmann Wealth Partners Group LLC raised its holdings in shares of Analog Devices by 4.4% in the third quarter. Ullmann Wealth Partners Group LLC now owns 592 shares of the semiconductor company’s stock valued at $235,000 after purchasing an additional 25 shares during the last quarter. Quest 10 Wealth Builders Inc. boosted its holdings in Analog Devices by 23.8% during the third quarter. Quest 10 Wealth Builders Inc. now owns 130 shares of the semiconductor company’s stock worth $52,000 after purchasing an additional 25 shares during the last quarter. Petros Family Wealth LLC boosted its holdings in Analog Devices by 0.8% during the third quarter. Petros Family Wealth LLC now owns 3,377 shares of the semiconductor company’s stock worth $1,340,000 after purchasing an additional 26 shares during the last quarter. Bridgewater Advisors Inc. grew its position in Analog Devices by 1.5% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock worth $574,000 after purchasing an additional 27 shares in the last quarter. Finally, Silicon Valley Capital Partners grew its position in Analog Devices by 4.2% in the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock worth $214,000 after purchasing an additional 27 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Price Performance

ADI opened at $393.30 on Wednesday. Analog Devices, Inc. has a fifty-two week low of $224.25 and a fifty-two week high of $445.91. The firm has a 50-day moving average of $391.81 and a 200 day moving average of $374.36. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The firm has a market cap of $190.58 billion, a P/E ratio of 46.65, a PEG ratio of 0.95 and a beta of 1.24.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts expect that Analog Devices, Inc. will post 13.00 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a dividend of $1.10 per share. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ADI shares. Piper Sandler set a $460.00 price objective on shares of Analog Devices in a research note on Tuesday, September 8th. Evercore cut their target price on Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Robert W. Baird upped their target price on Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a report on Monday, August 24th. Morgan Stanley increased their price target on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Finally, Seaport Research Partners upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price target on the stock in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $460.55.

Insider Activity at Analog Devices

In related news, insider Katsufumi Nakamura sold 1,200 shares of Analog Devices stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $415.02, for a total value of $498,024.00. Following the sale, the insider owned 14,849 shares of the company’s stock, valued at approximately $6,162,631.98. The trade was a 7.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total transaction of $584,190.00. Following the completion of the sale, the chief financial officer directly owned 48,177 shares in the company, valued at $18,763,014.42. This trade represents a 3.02% 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 a total of 52,436 shares of company stock worth $20,681,906 over the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Analyst-focused coverage points to bullish sentiment on ADI, while a separate Zacks article identifies the company as a potential way to invest in continued AI and data-center demand. Analysts Are Bullish on These Technology Stocks AI Boom Isn’t Over
• Positive Sentiment: A roundup highlighting ADI’s long record of positive free cash flow and growing dividends reinforces its appeal to income-oriented investors. This Tech Company Has 29 Years of Positive Free Cash Flow and a Growing Dividend
• Neutral Sentiment: ETF flows were mixed: 47 ETFs added ADI shares in one session, while ETFs were net sellers on Nov. 6. The conflicting signals offer little clear direction on institutional demand. 47 ETFs Add to Analog Devices Holdings ETFs Are Net Sellers of Analog Devices
• Neutral Sentiment: ADI’s CFO is scheduled to speak at the UBS Global Technology and AI Conference on Dec. 1. The event could provide updated commentary, but no new business information was announced. Analog Devices to Participate in the UBS Global Technology and AI Conference
• Negative Sentiment: A director reportedly sold about $577,000 of ADI stock, a modest potential concern for sentiment. Separately, a report describing increased short interest lists the total as zero shares, so it does not indicate meaningful short-selling pressure. Insider Selling: Analog Devices Director Sells Stock

Analog Devices Profile

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.