Calamos Wealth Management LLC Sells 8,126 Shares of Analog Devices, Inc. $ADI

Key Points

• Calamos Wealth Management reduced its stake in Analog Devices by 13.3%, selling 8,126 shares and leaving 52,977 shares worth about $14.37 million.
• Analog Devices reported an EPS beat ($2.46 vs. $2.31) with revenue up 30.4% and gave Q2 FY2026 EPS guidance of $2.73–$3.03, while analysts have raised price targets and the consensus rating is a "Moderate Buy" (target ~$370.69).
• The company raised its quarterly dividend to $1.10 (annualized $4.40, ~1.1% yield), and insiders have recently sold shares (CEO 10,000; CAO 4,199), with insiders owning about 0.36% of the stock.

Calamos Wealth Management LLC decreased its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 13.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,977 shares of the semiconductor company's stock after selling 8,126 shares during the quarter. Calamos Wealth Management LLC's holdings in Analog Devices were worth $14,367,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Analog Devices by 0.3% in the third quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company's stock valued at $12,380,652,000 after purchasing an additional 162,075 shares during the last quarter. State Street Corp grew its position in shares of Analog Devices by 0.4% in the third quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company's stock valued at $5,749,146,000 after purchasing an additional 81,790 shares during the last quarter. Amundi grew its position in shares of Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company's stock valued at $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Analog Devices by 10.1% in the third quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company's stock valued at $1,446,262,000 after purchasing an additional 541,760 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of Analog Devices by 29.2% in the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company's stock valued at $1,186,714,000 after purchasing an additional 1,091,004 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Key Analog Devices News

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

• Positive Sentiment: Bank of America raised its price target on ADI to $425 (from $400) and reiterated a Buy rating, citing strong margins and pricing power — a clear fundamental endorsement that can support higher share valuations. Bank of America Raises ADI PT to $425
• Positive Sentiment: ADI was highlighted as one of "4 Solid Stocks" amid an S&P 500 record close, reflecting favorable industry/earnings momentum for select tech names — positive sentiment that can attract inflows. 4 Solid Stocks to Grab
• Positive Sentiment: Recent market commentary noted ADI outperformed the broader market in the latest session (reported intraday/close gains), indicating periodic investor buying interest and momentum. ADI Beats Stock Market Upswing
• Neutral Sentiment: Analog Devices will report Q2 FY2026 results on May 20 (pre-market) and host a conference call — a near-term catalyst that often increases volatility as investors position ahead of results. Q2 FY2026 Results Date
• Neutral Sentiment: Media and retail interest in ADI has risen (multiple "most searched" / watchlist articles), which can boost short‑term volume but doesn't guarantee sustained price direction. Investors Heavily Search ADI
• Neutral Sentiment: Sector commentary (MarketBeat piece on Texas Instruments) points to strong data-center demand benefiting semiconductor peers; ADI may benefit indirectly from broader industry tailwinds but the article focuses on TI. TI Surges; Sector Context
• Neutral Sentiment: Short-interest data in the latest report appears to show 0 shares (and a 0.0 days-to-cover) — likely a reporting anomaly and not a meaningful signal on positioning.
• Neutral Sentiment: General coverage pieces listing ADI as a large-cap to watch provide additional visibility but are not new fundamental news. 2 Large-Cap Stocks Worth Investigating

Analog Devices Trading Down 1.1%

Shares of NASDAQ:ADI opened at $399.57 on Friday. The company has a market capitalization of $195.07 billion, a P/E ratio of 73.05, a P/E/G ratio of 1.62 and a beta of 1.05. Analog Devices, Inc. has a 1 year low of $186.73 and a 1 year high of $408.37. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The business's 50 day simple moving average is $337.53 and its 200 day simple moving average is $294.03.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (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 the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm's quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 11.38 EPS for the current fiscal year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were given a dividend of $1.10 per share. This is an increase from Analog Devices's previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices's dividend payout ratio (DPR) is currently 80.44%.

Insider Buying and Selling

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of the company's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the sale, the chief accounting officer directly owned 14,740 shares in the company, valued at $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the company's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $318.14, for a total value of $3,181,400.00. Following the sale, the chief executive officer owned 167,826 shares of the company's stock, valued at $53,392,163.64. The trade was a 5.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,324 shares of company stock valued at $8,758,085 over the last 90 days. 0.36% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Cantor Fitzgerald upped their target price on Analog Devices from $350.00 to $400.00 and gave the company an "overweight" rating in a research report on Tuesday, February 17th. Evercore reaffirmed an "outperform" rating and issued a $387.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. Benchmark upped their target price on Analog Devices from $285.00 to $400.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. TD Cowen reaffirmed a "buy" rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group increased their price target on Analog Devices from $300.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, February 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $370.69.

Analog Devices Company Profile

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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