Conning Inc. Sells 13,014 Shares of Analog Devices, Inc. $ADI

Posted by Geri Gentry on May 15th, 2026

Analog Devices logo Conning Inc. decreased its stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 121,800 shares of the semiconductor company’s stock after selling 13,014 shares during the quarter. Conning Inc.’s holdings in Analog Devices were worth $33,032,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADI. Jones Financial Companies Lllp increased its position in shares of Analog Devices by 12.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock valued at $41,907,000 after buying an additional 19,383 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Analog Devices by 247.3% during the fourth quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock worth $95,802,000 after acquiring an additional 249,702 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in Analog Devices by 18.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company’s stock worth $5,094,000 after acquiring an additional 3,286 shares in the last quarter. AE Wealth Management LLC grew its stake in Analog Devices by 26.4% in the third quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock valued at $10,795,000 after acquiring an additional 9,174 shares during the period. Finally, National Pension Service grew its stake in Analog Devices by 1.8% in the third quarter. National Pension Service now owns 1,347,535 shares of the semiconductor company’s stock valued at $331,089,000 after acquiring an additional 24,392 shares during the period. Institutional investors own 86.81% of the company’s stock.

Insider Activity

In related news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the sale, the chief accounting officer owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. The trade was a 22.17% 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. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the sale, the chief executive officer owned 187,538 shares in the company, valued at $74,623,245.58. The trade was a 5.06% decrease in their position. 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. Insiders sold a total of 24,199 shares of company stock valued at $8,676,423 in the last 90 days. 0.36% of the stock is owned by corporate insiders.

Analog Devices Trading Down 1.3%

NASDAQ ADI opened at $426.79 on Friday. The stock has a market capitalization of $208.36 billion, a price-to-earnings ratio of 78.02, a PEG ratio of 1.74 and a beta of 1.19. Analog Devices, Inc. has a 52 week low of $206.00 and a 52 week high of $435.72. The stock’s 50 day moving average price is $351.92 and its two-hundred day moving average price is $309.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76.

Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, analysts anticipate that Analog Devices, Inc. will post 11.35 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were paid a dividend of $1.10 per share. The ex-dividend date was Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

Key Stories Impacting Analog Devices

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

Positive Sentiment: Cantor Fitzgerald raised its price target on Analog Devices (ADI) to $510 and reiterated an overweight view, implying meaningful upside from current levels.
Positive Sentiment: Several recent articles highlight strong investor sentiment toward ADI, including optimism around its valuation, analyst estimates, and multiple catalysts tied to broader semiconductor megatrends.
Positive Sentiment: Sector commentary remains constructive, with semiconductors broadly described as booming beyond just AI, helping support names like Analog Devices.
Neutral Sentiment: Articles comparing ADI with other technology and semiconductor stocks suggest it has outperformed parts of the sector this year, reinforcing its relative strength but not adding a new company-specific catalyst.
Neutral Sentiment: Broader market news, including hotter-than-expected producer prices, may create macro headwinds for equities, but it is not specific to ADI.
Neutral Sentiment: Other semiconductor earnings/news items on Genasys, Monolithic Power, and Texas Instruments reflect industry momentum, but they are not direct drivers of Analog Devices shares.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ADI. Benchmark raised their price target on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Oppenheimer increased their target price on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. KeyCorp increased their price objective on shares of Analog Devices from $375.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Morgan Stanley restated an “overweight” rating and set a $373.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and an average price target of $379.54.

View Our Latest Stock Report on Analog Devices

Analog Devices Profile

(Free Report)

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.