Sumitomo Mitsui DS Asset Management Company Ltd Sells 2,679 Shares of Analog Devices, Inc. $ADI

Key Points

• Analog Devices beat estimates — reported Q1 EPS $2.46 vs. $2.31 expected and revenue $3.16B (+30.4% YoY), set Q2 EPS guidance of $2.73–$3.03, and has seen multiple analyst price-target upgrades with a consensus "Moderate Buy."
• Insider selling was notable: CEO Vincent Roche sold 10,000 shares under a pre-arranged Rule 10b5‑1 plan (~$3.98M) and insiders sold a total of 24,199 shares (~$8.68M) last quarter, while insiders still own just ~0.36% of the company.
• Sumitomo Mitsui DS Asset Management trimmed its position by 3.7% (sold 2,679 shares), leaving 69,712 shares worth $18.906M; institutional investors hold about 86.8% of ADI's stock.

Sumitomo Mitsui DS Asset Management Company Ltd reduced its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 69,712 shares of the semiconductor company's stock after selling 2,679 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Analog Devices were worth $18,906,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Brighton Jones LLC grew its stake in shares of Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after purchasing an additional 529 shares during the last quarter. Sivia Capital Partners LLC raised its position in Analog Devices by 36.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company's stock worth $417,000 after purchasing an additional 464 shares during the last quarter. Ieq Capital LLC lifted its holdings in Analog Devices by 38.0% during the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company's stock worth $10,610,000 after buying an additional 12,276 shares during the period. HUB Investment Partners LLC acquired a new position in Analog Devices during the 2nd quarter worth about $644,000. Finally, Peapack Gladstone Financial Corp grew its position in shares of Analog Devices by 2.4% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company's stock valued at $14,322,000 after buying an additional 1,406 shares during the last quarter. Institutional investors own 86.81% of the company's stock.

Analog Devices Stock Performance

NASDAQ ADI opened at $415.65 on Thursday. The company has a market cap of $202.92 billion, a P/E ratio of 75.99, a PEG ratio of 1.63 and a beta of 1.19. The company has a fifty day simple moving average of $343.76 and a 200 day simple moving average of $301.72. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12-month low of $195.69 and a 12-month high of $416.00.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business's revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 11.35 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. 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. Analog Devices's payout ratio is 80.44%.

Analysts Set New Price Targets

ADI has been the subject of a number of analyst reports. TD Cowen restated a "buy" rating on shares of Analog Devices in a research report on Thursday, February 19th. JPMorgan Chase & Co. upped their target price on Analog Devices from $320.00 to $400.00 and gave the company an "overweight" rating in a report on Thursday, February 19th. Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the stock a "buy" rating in a report on Wednesday, February 18th. Weiss Ratings downgraded shares of Analog Devices from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 6th. Finally, UBS Group upped their price objective on shares of Analog Devices from $400.00 to $430.00 and gave the company a "buy" rating in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $370.69.

Key Analog Devices News

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

• Positive Sentiment: Analyst upgrades and higher forecasts ahead of earnings — Multiple brokerages have raised price targets and EPS/revenue expectations, lifting sentiment into the company’s upcoming report. Analog Devices Is Up After Analyst Upgrades
• Positive Sentiment: Recent fundamentals and guidance support the bullish case — ADI beat estimates in February, reported revenue growth and set Q2 EPS guidance that implies continued strength; analysts point to durable end-market demand. MarketBeat ADI Coverage
• Positive Sentiment: Long-term growth narrative intact — independent analysis (Seeking Alpha) highlights ADI’s stronger growth outlook vs. peers, supporting investor enthusiasm for exposure to analog/datas and industrial AI end-markets. Analog Devices Growth Outlook
• Neutral Sentiment: Insider sale by the CEO was pre-arranged — CEO Vincent Roche sold 10,000 shares under a Rule 10b5‑1 plan; such planned sales often reflect diversification or compensation liquidity rather than a change in company prospects. Insider Trade Filing
• Neutral Sentiment: High institutional ownership — ~87% of stock held by institutions can dampen short-term volatility but concentrates upside/downside around large holders’ flows. MarketBeat Institutional Data
• Negative Sentiment: Valuation and payout risks — ADI’s P/E is elevated (reflecting strong forward expectations) and its dividend payout ratio is high; a miss or weaker forward guide could trigger sharper multiple compression.
• Negative Sentiment: Divergent analyst views exist — while many firms raised targets, there are some downgrades/holds (e.g., Weiss Ratings) that highlight differing risk/reward opinions ahead of the print.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the transaction, the chief executive officer owned 187,538 shares in the company, valued at $74,623,245.58. This trade represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their position. 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 in the last quarter. Company insiders own 0.36% of the company's stock.

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.

Want to see what other hedge funds are holding ADI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analog Devices, Inc. (NASDAQ:ADI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.