Analog Devices, Inc. $ADI Stock Holdings Trimmed by Bartlett & CO. Wealth Management LLC

Bartlett & CO. Wealth Management LLC lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.2% in the first quarter, HoldingsChannel reports. The fund owned 318,060 shares of the semiconductor company’s stock after selling 10,389 shares during the period. Analog Devices makes up about 1.3% of Bartlett & CO. Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. Bartlett & CO. Wealth Management LLC’s holdings in Analog Devices were worth $101,188,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Riverbend Wealth Management LLC increased its holdings in shares of Analog Devices by 2.2% during the first quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 27 shares during the period. Sound Income Strategies LLC lifted its holdings in Analog Devices by 12.0% in the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 30 shares during the period. 1620 Investment Advisors Inc. lifted its holdings in Analog Devices by 5.0% in the fourth quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock worth $182,000 after purchasing an additional 32 shares during the period. Covestor Ltd grew its position in Analog Devices by 14.1% in the 4th quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock valued at $75,000 after buying an additional 34 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC grew its position in Analog Devices by 3.4% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 1,026 shares of the semiconductor company’s stock valued at $326,000 after buying an additional 34 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

More Analog Devices News

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

• Positive Sentiment: KeyCorp lifted its earnings estimates for Analog Devices across FY2026, FY2027 and several interim quarters, signaling stronger expected demand and profitability ahead. Analog Devices analyst estimate update
• Positive Sentiment: KeyCorp reaffirmed an Overweight rating and a $525 target price, which implies meaningful upside versus the current trading range. Analog Devices analyst rating and target
• Positive Sentiment: Earlier coverage highlighted ADI’s expanding liquidity via a new $3 billion credit line and its planned Empower Semiconductor deal, which could help fund growth in industrial and AI data center markets. ADI credit line and AI power deal article
• Neutral Sentiment: Recent articles comparing ADI with other technology peers suggest the stock’s relative performance is being watched closely, but they do not point to a specific new company event. ADI peer performance article
• Negative Sentiment: ADI recently underperformed the broader market in a session cited by market coverage, reflecting some near-term selling pressure in the stock. ADI declines more than market article

Analyst Ratings Changes

A number of analysts have commented on the stock. Oppenheimer boosted their price target on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Evercore reiterated an “outperform” rating and issued a $474.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Barclays raised their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Truist Financial boosted their target price on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a report on Wednesday, May 20th. Finally, Stifel Nicolaus upped their target price on Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and a consensus target price of $441.00.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ray Stata sold 1,432 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the sale, the director owned 120,175 shares of the company’s stock, valued at $48,169,745.25. This trade represents a 1.18% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 103,858 shares of company stock worth $42,062,730 over the last three months. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $375.36 on Friday. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve 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 firm has a 50-day moving average of $406.43 and a two-hundred day moving average of $356.96. The company has a market capitalization of $182.83 billion, a price-to-earnings ratio of 55.77, a PEG ratio of 1.06 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter in the previous year, the company posted $1.85 EPS. The business’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, analysts expect that Analog Devices, Inc. will post 12.43 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

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

Analog Devices 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.