Tounjian Advisory Partners LLC Decreases Stock Position in Analog Devices, Inc. $ADI

Tounjian Advisory Partners LLC lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 79.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 976 shares of the semiconductor company’s stock after selling 3,746 shares during the period. Tounjian Advisory Partners LLC’s holdings in Analog Devices were worth $240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Huntington National Bank raised its position in shares of Analog Devices by 0.8% in the third quarter. Huntington National Bank now owns 502,008 shares of the semiconductor company’s stock valued at $123,344,000 after buying an additional 3,975 shares during the last quarter. Argent Trust Co grew its stake in Analog Devices by 3.1% during the 3rd quarter. Argent Trust Co now owns 22,085 shares of the semiconductor company’s stock valued at $5,426,000 after acquiring an additional 660 shares in the last quarter. Caitlin John LLC purchased a new stake in Analog Devices during the 3rd quarter valued at about $98,000. 1ST Source Bank raised its holdings in Analog Devices by 5.2% in the 3rd quarter. 1ST Source Bank now owns 1,953 shares of the semiconductor company’s stock valued at $480,000 after acquiring an additional 96 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its stake in Analog Devices by 8.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 251,999 shares of the semiconductor company’s stock worth $61,916,000 after purchasing an additional 19,420 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ADI. KeyCorp upped their price target on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. TD Cowen reiterated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Evercore restated an “outperform” rating and issued a $387.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Robert W. Baird set a $365.00 target price on Analog Devices in a research note on Thursday, February 19th. Finally, JPMorgan Chase & Co. lifted their price target on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $366.96.

Analog Devices Price Performance

NASDAQ:ADI opened at $355.79 on Friday. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $363.20. The stock’s fifty day moving average is $310.48 and its two-hundred day moving average is $269.57. The company has a market capitalization of $173.70 billion, a P/E ratio of 65.04, a P/E/G ratio of 1.65 and a beta of 1.03. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data 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. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period last year, the company earned $1.63 EPS. The company’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. The ex-dividend date is Tuesday, March 3rd. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is currently 72.39%.

Analog Devices News Summary

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

• Positive Sentiment: AI/data‑center growth: ADI’s AI‑driven data center products are reported to be growing ~50% and represent a roughly $2 billion run‑rate opportunity, supporting expectations for continued double‑digit growth in that end market. This is a clear driver of investor enthusiasm for the stock. ADI’s AI-Based Data Center Products Gain Traction
• Positive Sentiment: Analyst upgrades/price‑target increases: Multiple firms have raised targets and reiterated buy/overweight views (Goldman Sachs, Benchmark, Morgan Stanley among others), lifting the consensus target near current levels and supporting further upside expectations. MarketBeat ADI coverage
• Positive Sentiment: Strong fundamentals and dividend boost: ADI recently beat EPS and revenue estimates, guided Q2 above street expectations, and raised the quarterly dividend — all signals that support bullish positioning and income‑seeking demand. Earnings, guidance and dividend details
• Neutral Sentiment: Market commentary and peer comparisons: Media and research pieces (Zacks, Barchart) highlight ADI’s outperformance vs. semiconductor peers and profile it as a top growth idea — useful context but not new company‑specific catalysts. Zacks: 52‑week high take
• Neutral Sentiment: Celebrity/TV mentions: Jim Cramer commented that he prefers names like Texas Instruments and Analog Devices over smaller peers, which can boost retail interest but is not a fundamental catalyst. Jim Cramer mention
• Neutral Sentiment: Confusing short‑interest reports: Multiple short‑interest entries show zero shares and “NaN” changes — likely a data/reporting glitch. No clear short squeeze signal emerges from these entries. (No reliable link — based on recent short‑interest notices.)
• Negative Sentiment: Insider selling: Chief Accounting Officer Michael Sondel sold 4,199 shares at about $361. The sale (~$1.5M) and a 22% reduction in his reported stake can prompt some profit‑taking or signal tactical rebalancing by insiders. Insider sale filing

Insider Activity

In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred 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 sale, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. This trade represents a 6.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Katsufumi Nakamura sold 500 shares of the company’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares in the company, valued at $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 57,743 shares of company stock worth $16,836,340 in the last three months. 0.36% of the stock is currently owned by corporate insiders.

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.