Hemenway Trust Co LLC Sells 7,642 Shares of Analog Devices, Inc. $ADI

Key Points

• Hemenway Trust Co LLC trimmed its stake in Analog Devices by 4.1%, selling 7,642 shares and leaving 177,436 shares valued at about $48.12 million (ADI is 3.7% of the fund and its 7th largest holding).
• Analog Devices beat Q1 estimates (EPS $2.46 vs $2.31; revenue $3.16B) and set Q2 guidance of $2.73–3.03 EPS, spurring multiple broker upgrades and higher targets (several near $400) and a MarketBeat consensus of "Moderate Buy" with a ~$370.69 target.
• Company insiders sold shares recently (CEO Vincent Roche sold 10,000 shares under a Rule 10b5‑1 plan), while ADI raised its quarterly dividend to $1.10 (annualized $4.40) but shows a relatively high payout ratio around 80%.

Hemenway Trust Co LLC trimmed its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 177,436 shares of the semiconductor company's stock after selling 7,642 shares during the quarter. Analog Devices comprises 3.7% of Hemenway Trust Co LLC's investment portfolio, making the stock its 7th biggest position. Hemenway Trust Co LLC's holdings in Analog Devices were worth $48,121,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. 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 during 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 during the last quarter. 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 during the last quarter. Regent Peak Wealth Advisors LLC boosted its holdings in Analog Devices by 3.7% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company's stock valued at $295,000 after purchasing an additional 39 shares during the last quarter. Finally, Fragasso Financial Advisors Inc boosted its holdings in Analog Devices by 2.9% in the 4th quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company's stock valued at $372,000 after purchasing an additional 39 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ADI has been the topic of several recent analyst reports. Robert W. Baird set a $365.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Benchmark upped their price objective on shares of Analog Devices from $285.00 to $400.00 and gave the stock a "buy" rating in a report on Thursday, February 19th. JPMorgan Chase & Co. upped their price objective on shares of Analog Devices from $320.00 to $400.00 and gave the stock an "overweight" rating in a report on Thursday, February 19th. Citigroup restated a "buy" rating on shares of Analog Devices in a report on Thursday, February 19th. Finally, Weiss Ratings lowered shares of Analog Devices from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Analog Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $370.69.

Insider Buying and Selling

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of the 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 sale, the chief executive officer owned 187,538 shares in the company, valued at approximately $74,623,245.58. This trade represents a 5.06% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 24,199 shares of company stock worth $8,676,423. 0.36% of the stock is owned by company insiders.

Analog Devices Price Performance

Analog Devices stock opened at $404.77 on Wednesday. The firm has a market cap of $197.61 billion, a PE ratio of 74.00, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. Analog Devices, Inc. has a 52-week low of $194.26 and a 52-week high of $408.37. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The company's 50 day moving average is $342.55 and its two-hundred day moving average is $300.49.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its 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 company 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 quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts expect that Analog Devices, Inc. will post 11.35 EPS for the current fiscal year.

Analog Devices Increases Dividend

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

Trending Headlines about Analog Devices

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

• Positive Sentiment: Q1 results, revenue and guidance strength — ADI reported a solid quarter (EPS and revenue beat) and set Q2 fiscal‑2026 guidance of $2.73–$3.03, supporting the stock’s momentum and valuation premium. MarketBeat ADI coverage
• Positive Sentiment: Broker upgrades and higher price targets — Multiple firms (Barclays, Susquehanna, Jefferies, Oppenheimer) raised targets or reiterated buy/overweight views after the beat/guidance, which can drive further buying interest. MarketBeat ADI coverage
• Positive Sentiment: Peer / sector momentum and growth positioning — Analysts and commentaries highlight ADI’s strong growth outlook among data‑converter/analog peers and list ADI as a momentum name benefiting from industrial, data‑center and AI-related demand. Analog Devices: Strongest Growth Outlook Among DAO Peers
• Positive Sentiment: Dividend increase — ADI raised its quarterly payout most recent: $1.10, signaling confidence in cash flow and supporting income‑oriented buyers. MarketBeat ADI coverage
• Neutral Sentiment: CEO sale disclosed — CEO Vincent Roche sold 10,000 shares (May 1) for ~$397.91 per share under a pre‑arranged Rule 10b5‑1 plan; the sale reduces his stake modestly but was planned and disclosed. Vincent Roche Sells 10,000 Shares of Analog Devices Stock
• Neutral Sentiment: Positive headlines and momentum screen inclusion — ADI appears on momentum stock lists and market roundup pieces, which can amplify flows but aren’t direct fundamental drivers. 1 Momentum Stock to Consider Right Now
• Negative Sentiment: Rating downgrade from one shop — Weiss Ratings trimmed ADI from a buy to a hold, which could weigh on sentiment for some funds or retail investors. (Note: consensus remains a Moderate Buy.) Weiss Ratings
• Negative Sentiment: High payout ratio — the reported dividend payout ratio (~80%) raises a modest sustainability question if growth or margins slow; worth watching vs. cash flow trends.

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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