Analog Devices, Inc. $ADI Shares Sold by Zevin Asset Management LLC

Zevin Asset Management LLC reduced its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 4.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 64,674 shares of the semiconductor company’s stock after selling 2,777 shares during the period. Analog Devices comprises about 2.3% of Zevin Asset Management LLC’s holdings, making the stock its 15th largest position. Zevin Asset Management LLC’s holdings in Analog Devices were worth $15,890,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ADI. Washington Trust Advisors Inc. lifted its holdings in Analog Devices by 125.8% during the 3rd quarter. Washington Trust Advisors Inc. now owns 350 shares of the semiconductor company’s stock worth $86,000 after buying an additional 195 shares during the last quarter. Avalon Trust Co raised its position in shares of Analog Devices by 46.9% during the 3rd quarter. Avalon Trust Co now owns 39,251 shares of the semiconductor company’s stock worth $9,644,000 after acquiring an additional 12,540 shares in the last quarter. Koshinski Asset Management Inc. raised its position in shares of Analog Devices by 12.6% during the 3rd quarter. Koshinski Asset Management Inc. now owns 5,118 shares of the semiconductor company’s stock worth $1,258,000 after acquiring an additional 574 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its stake in Analog Devices by 146.0% during the third quarter. Vestmark Advisory Solutions Inc. now owns 12,269 shares of the semiconductor company’s stock worth $3,014,000 after purchasing an additional 7,281 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its holdings in Analog Devices by 0.3% in the third quarter. Bleakley Financial Group LLC now owns 13,843 shares of the semiconductor company’s stock valued at $3,401,000 after purchasing an additional 46 shares in the last quarter. Hedge funds and other 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: Q1 results beat and management raised Q2 guidance sharply (EPS guidance 2.73–3.03 vs. consensus ~2.36; revenue guide roughly $3.4–$3.6B vs. ~$3.1B), signaling continued demand in data center/AI infrastructure and supporting earnings momentum. Analog Devices surges on earnings beat, strong Q2 guidance
• Positive Sentiment: Core quarter metrics: EPS $2.46 vs. $2.31 expected; revenue ~$3.16B, up ~30% Y/Y — expanded margins and stronger top‑line that validate the guidance. Zacks: ADI Q1 Earnings Beat
• Positive Sentiment: Multiple brokerages hiked price targets and ratings (JPMorgan, Wells Fargo, Benchmark, Needham, etc.), with several new targets near $400 — the analyst momentum reinforces the bullish narrative and can lift demand for the stock. Investors Business Daily: Blizzard of Price-Target Hikes
• Positive Sentiment: AI/data‑center exposure highlighted in coverage — several pieces note ADI as a momentum play benefiting from AI infrastructure demand and industrial/data-center mix strength. That thematic tailwind is supporting investor interest. Seeking Alpha: AI Narrative Stealing the Show
• Positive Sentiment: Momentum/market interest articles and institutional buying narratives are amplifying the move, attracting momentum traders after the quarter. FXEmpire: Watch as Big Money Boosts Analog Devices
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference (March 3) — provides another forum for management to reinforce the AI/data-center story and for analysts to ask detail‑level questions. PRNewswire: ADI to Participate in Morgan Stanley TMT Conference
• Neutral Sentiment: Short‑interest entries in the feed appear to show erroneous/zero values (reported “0 shares”/NaN); there’s no clear short‑pressure signal from those data points — treat as unreliable until corrected.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ADI shares. The Goldman Sachs Group raised their price objective on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley restated an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a research note on Thursday. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Benchmark upped their target price on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Wells Fargo & Company raised their price target on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Stock Up 2.8%

Analog Devices stock opened at $355.03 on Monday. The stock has a 50 day moving average of $302.42 and a two-hundred day moving average of $265.28. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $355.45. The stock has a market capitalization of $173.33 billion, a price-to-earnings ratio of 64.91, a PEG ratio of 1.68 and a beta of 1.03. 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 (NASDAQ:ADI) last released its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the previous year, the company posted $1.63 earnings per share. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

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

Insiders Place Their Bets

In other Analog Devices news, CAO Michael Sondel sold 8,169 shares of Analog Devices stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total value of $2,271,227.07. Following the sale, the chief accounting officer owned 18,913 shares of the company’s stock, valued at approximately $5,258,381.39. The trade was a 30.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction that occurred 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. The trade was a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 53,544 shares of company stock valued at $15,320,417. Corporate insiders own 0.36% of the company’s stock.

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.