Ethic Inc. Sells 2,218 Shares of Analog Devices, Inc. $ADI

Posted by Brian Himes on Nov 8th, 2026

Analog Devices logo Ethic Inc. lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 5.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 38,965 shares of the semiconductor company’s stock after selling 2,218 shares during the period. Ethic Inc.’s holdings in Analog Devices were worth $15,458,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. IPG Investment Advisors LLC bought a new position in Analog Devices during the second quarter worth about $1,922,000. Lazard Asset Management LLC boosted its holdings in Analog Devices by 6.3% during the first quarter. Lazard Asset Management LLC now owns 1,708,858 shares of the semiconductor company’s stock valued at $543,656,000 after purchasing an additional 101,298 shares in the last quarter. Birch Hill Investment Advisors LLC grew its stake in shares of Analog Devices by 18.5% in the 3rd quarter. Birch Hill Investment Advisors LLC now owns 133,793 shares of the semiconductor company’s stock valued at $53,077,000 after purchasing an additional 20,889 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Analog Devices in the 2nd quarter valued at approximately $500,414,000. Finally, Ieq Capital LLC acquired a new position in shares of Analog Devices in the 2nd quarter worth approximately $19,643,000. Institutional investors own 86.81% of the company’s stock.

Insider Activity

In related news, CFO Richard Puccio, Jr. sold 2,683 shares of Analog Devices stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total value of $1,004,944.48. Following the sale, the chief financial officer owned 54,177 shares of the company’s stock, valued at approximately $20,292,537.12. The trade was a 4.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of Analog Devices stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, the insider directly owned 40,428 shares in the company, valued at approximately $16,437,216.24. This represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 52,436 shares of company stock worth $20,681,906 in the last quarter. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ADI shares. Wells Fargo & Company cut their target price on Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a research report on Thursday, August 20th. Needham & Company LLC upped their price target on shares of Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. BMO Capital Markets initiated coverage on Analog Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $430.00 price objective on the stock. Morgan Stanley raised their target price on shares of Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. Finally, Robert W. Baird lifted their price objective on Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and a consensus target price of $460.55.

Read Our Latest Stock Report on ADI

Analog Devices Stock Performance

Shares of ADI stock opened at $363.56 on Friday. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The company’s fifty day simple moving average is $390.52 and its 200-day simple moving average is $373.48. The firm has a market cap of $176.17 billion, a PE ratio of 43.13, a P/E/G ratio of 0.88 and a beta of 1.24. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

Analog Devices (NASDAQ:ADI – Get Free Report) last released its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter last year, the firm earned $2.05 earnings per share. The firm’s revenue for the quarter was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts expect that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed 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. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio is currently 52.19%.

Analog Devices Profile

(Free Report)

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.