Resona Asset Management Co. Ltd. lessened its holdings in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 156,417 shares of the semiconductor company’s stock after selling 7,519 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Analog Devices were worth $42,544,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in the business. 1620 Investment Advisors Inc. boosted its holdings in Analog Devices by 5.0% in the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after purchasing an additional 32 shares in the last quarter. JFS Wealth Advisors LLC boosted its holdings in Analog Devices by 9.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock valued at $106,000 after purchasing an additional 35 shares in the last quarter. Albion Financial Group UT boosted its holdings in Analog Devices by 41.4% in the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 36 shares in the last quarter. Washington Trust Bank boosted its holdings in Analog Devices by 1.4% in the 4th quarter. Washington Trust Bank now owns 2,596 shares of the semiconductor company’s stock valued at $704,000 after purchasing an additional 37 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in Analog Devices by 0.5% in the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,369 shares of the semiconductor company’s stock valued at $2,270,000 after purchasing an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.
Trending Headlines about 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
Analog Devices Trading Up 0.3%
Analog Devices (NASDAQ:ADI – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the firm posted $1.63 EPS. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 11.35 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on ADI. The Goldman Sachs Group lifted their price target on shares of Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Evercore reiterated an “outperform” rating and set a $387.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Jefferies Financial Group reiterated a “buy” rating and set a $410.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Bank of America lifted their price target on shares of Analog Devices from $400.00 to $425.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Finally, Wells Fargo & Company lifted their price target on shares of Analog Devices from $410.00 to $470.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $381.27.
Get Our Latest Stock Report on ADI
Insider Activity at Analog Devices
In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the completion of the transaction, the chief executive officer directly owned 187,538 shares in the company, valued at $74,623,245.58. The trade was a 5.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction that occurred on 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 transaction, the chief accounting officer owned 14,740 shares of the company’s stock, valued at $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,199 shares of company stock valued at $8,676,423 over the last 90 days. Insiders own 0.36% of the company’s stock.
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.
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