Strs Ohio Sells 4,527 Shares of Analog Devices, Inc. $ADI

Key Points

• Insider and institutional activity: Strs Ohio trimmed its stake by 1.7% (sold 4,527 shares) leaving 265,429 shares (~$72M), while insiders — including CEO Vincent Roche and director Ray Stata — sold shares recently (27,324 shares sold over 90 days); institutional investors still own about 86.8% of ADI.
• Earnings beat and guidance: Analog Devices reported Q results above estimates (EPS $2.46 vs $2.31; revenue $3.16B vs $3.10B), with revenue up 30.4% YoY and Q2 EPS guidance of $2.73–$3.03; sell‑side forecasts FY EPS of about 11.35.
• Analyst sentiment and shareholder returns: The stock has a consensus "Moderate Buy" with an average price target of $370.69 and several firms raising targets toward $400, ADI is trading near its 52‑week high, and the company raised its quarterly dividend to $1.10 (annualized $4.40, yield ~1.1%).

Strs Ohio trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 265,429 shares of the semiconductor company's stock after selling 4,527 shares during the period. Strs Ohio owned approximately 0.05% of Analog Devices worth $71,984,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ADI. Jones Financial Companies Lllp raised its position in Analog Devices by 12.9% in the third quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company's stock worth $41,907,000 after acquiring an additional 19,383 shares during the period. SG Americas Securities LLC raised its position in Analog Devices by 684.6% in the third quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company's stock worth $211,871,000 after acquiring an additional 752,411 shares during the period. Nordea Investment Management AB raised its position in shares of Analog Devices by 247.3% during the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company's stock valued at $95,802,000 after purchasing an additional 249,702 shares during the period. Ashton Thomas Private Wealth LLC raised its position in shares of Analog Devices by 18.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company's stock valued at $5,094,000 after purchasing an additional 3,286 shares during the period. Finally, AE Wealth Management LLC raised its position in shares of Analog Devices by 26.4% during the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company's stock valued at $10,795,000 after purchasing an additional 9,174 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the completion of the transaction, the chief executive officer directly owned 155,688 shares of the company's stock, valued at $47,783,760.96. This trade represents a 6.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the transaction, the director directly owned 123,821 shares of the company's stock, valued at $39,288,403.30. The trade was a 2.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 27,324 shares of company stock valued at $8,758,085. Corporate insiders own 0.36% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ADI. Robert W. Baird set a $365.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Benchmark raised their price objective on shares of Analog Devices from $285.00 to $400.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. Citigroup restated a "buy" rating on shares of Analog Devices in a research report on Thursday, February 19th. Wells Fargo & Company raised their price objective on shares of Analog Devices from $340.00 to $400.00 and gave the company an "overweight" rating in a research report on Thursday, February 19th. Finally, Evercore restated an "outperform" rating and set a $387.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $370.69.

Analog Devices News Roundup

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

• Positive Sentiment: One-week momentum: ADI has risen sharply over the past week, attracting momentum and short-term interest that can support higher prices in the near term. Analog Devices (ADI) Is Up 7.57% in One Week: What You Should Know
• Positive Sentiment: Growth thesis reinforced: Recent write-ups list three reasons ADI qualifies as a solid growth stock (revenue/earnings strength, AI/automotive exposure, recurring analog franchise), supporting a longer-term bullish case. Is Analog Devices (ADI) a Solid Growth Stock? 3 Reasons to Think "Yes"
• Positive Sentiment: Long-term performance spotlight: Retrospectives showing multi‑year gains if you’d held ADI help sustain retail investor interest and confidence in the company’s compounding potential. If You Invested $1000 in Analog Devices a Decade Ago, This is How Much It'd Be Worth Now
• Positive Sentiment: Product/market expansion: ADI released A²B 2.0 for next‑generation in‑vehicle audio — a tangible product win for automotive OEMs that supports ADI’s exposure to the large automotive market. Analog Devices releases A2B 2.0 for next-generation in-vehicle audio systems
• Neutral Sentiment: Analyst recommendation debate: Coverage points out that the average broker rating signals “buy,” but cautions that ABR can be overly optimistic; useful context but mixed impact on price. Is Analog Devices (ADI) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Investor caution on AI: Commentary says ADI benefits from the AI narrative but some investors are hedging, which can cap upside until visibility on AI-driven revenue is clearer. Analog Devices: The AI Narrative Is Strong, But Investors Are Hedging
• Negative Sentiment: Analyst price target below current trading: A reported average price target of $370.69 is lower than recent intraday levels, which could weigh on the stock if more analysts revise targets downward. Analog Devices, Inc. NASDAQ: ADI Receives $370.69 Average Price Target from Analysts

Analog Devices Stock Performance

ADI opened at $397.69 on Friday. The stock has a market capitalization of $194.15 billion, a price-to-earnings ratio of 72.70, a PEG ratio of 1.62 and a beta of 1.19. The company has a fifty day moving average of $341.55 and a 200 day moving average of $298.42. Analog Devices, Inc. has a fifty-two week low of $194.26 and a fifty-two week high of $408.37. 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 posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. Analog Devices's quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 11.35 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

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

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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