Analog Devices, Inc. $ADI Stock Position Lessened by Vontobel Holding Ltd.

Key Points

• Vontobel Holding cut its Analog Devices position by 74.9% in the third quarter, selling 199,603 shares and retaining 67,000 shares worth approximately $26.6 million. Institutional investors still own 86.81% of ADI’s outstanding stock.
• Analog Devices reported quarterly EPS of $3.45, beating estimates of $3.34, while revenue reached $4.02 billion, up 39.2% year over year. The company also pays a quarterly dividend of $1.10 per share, equivalent to a 1.1% annual yield.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $460.09; several firms raised targets as high as $675.00.

Vontobel Holding Ltd. trimmed its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 74.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,000 shares of the semiconductor company's stock after selling 199,603 shares during the quarter. Vontobel Holding Ltd.'s holdings in Analog Devices were worth $26,580,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IPG Investment Advisors LLC bought a new stake in Analog Devices in the second quarter valued at $1,922,000. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Analog Devices by 108.5% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company's stock valued at $6,511,000 after buying an additional 10,648 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of Analog Devices by 6.3% in the first quarter. Lazard Asset Management LLC now owns 1,708,858 shares of the semiconductor company's stock worth $543,656,000 after purchasing an additional 101,298 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Analog Devices during the 2nd quarter valued at about $500,414,000. Finally, Ieq Capital LLC bought a new position in Analog Devices during the second quarter valued at approximately $19,643,000. 86.81% of the stock is currently owned by institutional investors.

Analog Devices Price Performance

ADI traded down $8.51 during trading on Friday, reaching $395.44. 4,768,076 shares of the company traded hands, compared to its average volume of 3,202,071. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91. The firm has a fifty day simple moving average of $382.76 and a 200 day simple moving average of $386.52. The company has a market cap of $191.62 billion, a P/E ratio of 46.91, a PEG ratio of 1.24 and a beta of 1.22.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the business posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 12.99 EPS for the current year.

Analog Devices Dividend Announcement

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

Insider Transactions at Analog Devices

In other news, insider Vivek Jain sold 3,305 shares of the company's stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the sale, the insider directly owned 40,428 shares of the company's stock, valued at $16,437,216.24. This represents a 7.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard Puccio, Jr. sold 1,500 shares of the company's stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $421.08, for a total transaction of $631,620.00. Following the sale, the chief financial officer directly owned 49,677 shares in the company, valued at approximately $20,917,991.16. The trade was a 2.93% 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. In the last ninety days, insiders sold 50,936 shares of company stock valued at $19,430,764. 0.36% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on ADI shares. Stifel Nicolaus increased their target price on Analog Devices from $450.00 to $498.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Fundamental Research set a $550.00 price target on shares of Analog Devices in a research report on Monday, June 29th. TD Cowen reiterated a "buy" rating and set a $460.00 price target (up from $450.00) on shares of Analog Devices in a research note on Tuesday, September 8th. Cantor Fitzgerald reissued an "overweight" rating and set a $510.00 price objective (up from $400.00) on shares of Analog Devices in a research report on Tuesday, September 8th. Finally, Robert W. Baird upped 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 analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Analog Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $460.09.

Key Analog Devices News

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

• Positive Sentiment: KeyCorp raised its earnings outlook across fiscal 2026 and 2027. The firm increased its FY2026 EPS estimate to $13.06 from $12.62 and its FY2027 forecast to $17.88 from $15.32. Quarterly estimates were also lifted, including Q4 2026 to $4.07 from $3.67 and Q1–Q4 2027 estimates ranging from $4.17 to $4.74. KeyCorp maintained an “Overweight” rating and a $525 price target, suggesting confidence in improving demand and earnings growth. KeyCorp raises Analog Devices earnings estimates
• Positive Sentiment: Analog Devices is partnering with InoBat on battery-energy-storage systems for AI data centers. The collaboration could position ADI to benefit from rising power-management and energy-storage needs associated with data-center expansion and artificial-intelligence infrastructure. The report did not provide financial terms or near-term revenue estimates. InoBat and Analog Devices partnership
• Neutral Sentiment: KeyBanc reiterated its $525 price target. Maintaining the target provides continued valuation support, but the lack of a target-price increase represents limited incremental upside from this update. KeyBanc maintains Analog Devices price target

Analog Devices Company Profile

Analog Devices, Inc NASDAQ: ADI is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company's product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.

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