Financiere des Professionnels Fonds d investissement inc. Reduces Holdings in Analog Devices, Inc. $ADI

Financiere des Professionnels Fonds d investissement inc. reduced its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 66.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,693 shares of the semiconductor company’s stock after selling 15,422 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Analog Devices were worth $2,447,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Analog Devices during the fourth quarter worth about $2,215,516,000. Bank of America Corp DE increased its position in shares of Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after purchasing an additional 2,912,666 shares in the last quarter. Amundi lifted its holdings in shares of Analog Devices by 44.8% in the 3rd 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. Raymond James Financial Inc. lifted its holdings in shares of Analog Devices by 29.2% in the 3rd 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. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Analog Devices by 3,456.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock valued at $287,398,000 after purchasing an additional 1,029,927 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ADI. TD Cowen raised their price target on Analog Devices from $450.00 to $460.00 and gave the stock a “buy” rating in a research note on Monday. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective for the company in a report on Monday, March 30th. Cantor Fitzgerald raised their target price on shares of Analog Devices from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Jefferies Financial Group raised their target price on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Fundamental Research set a $550.00 target price on shares of Analog Devices in a report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $441.00.

Analog Devices News Summary

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

• Positive Sentiment: KeyCorp raised earnings estimates across multiple periods for Analog Devices and kept an Overweight rating with a $525 price target, signaling stronger expected profitability and demand. The Zacks Analyst Blog Highlights NVIDIA, Oracle, Analog Devices and Regis
• Positive Sentiment: Analysts highlighted Analog Devices alongside other semiconductor names benefiting from AI demand, cloud growth, and industrial recovery, which supports the market’s growth narrative for ADI. The Zacks Analyst Blog Highlights NVIDIA, Oracle, Analog Devices and Regis
• Positive Sentiment: Reports noted that ADI’s new $3 billion revolving credit facility and planned Empower Semiconductor acquisition strengthen liquidity and could help fund expansion in industrial and AI data center markets. Does ADI’s New US$3 Billion Credit Line and AI Power Deal Reshape Its Growth Narrative?
• Positive Sentiment: Investor-focused coverage says Analog Devices is back in focus as the company continues to benefit from improved semiconductor sentiment and recurring interest in AI-enabled analog chip demand. Why Is Analog Devices (NASDAQ:ADI) Back In Focus?
• Neutral Sentiment: Recent commentary comparing ADI with STMicroelectronics reinforces that Analog Devices remains a prominent name in the AI, automotive, and industrial chip themes, but it does not appear to change the near-term thesis materially. STM vs. ADI: Which Semiconductor Stock Looks More Attractive Now?
• Negative Sentiment: Director Karen Golz sold 1,000 shares under a pre-arranged trading plan. While routine, insider selling can slightly pressure sentiment in the short term. Analog Devices (NASDAQ:ADI) Director Sells $389,830.00 in Stock

Insider Activity

In related news, Director Karen Golz sold 1,000 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the transaction, the director directly owned 11,019 shares of the company’s stock, valued at $4,295,536.77. This represents a 8.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 103,858 shares of company stock worth $42,062,730 over the last quarter. Insiders own 0.36% of the company’s stock.

Analog Devices Trading Down 2.7%

NASDAQ:ADI opened at $380.53 on Friday. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $445.91. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The stock’s 50 day simple moving average is $407.25 and its 200-day simple moving average is $356.83. The firm has a market cap of $185.35 billion, a P/E ratio of 56.54, a PEG ratio of 1.09 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same period last year, the company earned $1.85 earnings per share. The company’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts anticipate that Analog Devices, Inc. will post 12.43 EPS for the current year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

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.