Analog Devices, Inc. $ADI Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lowered its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.1% during the 3rd quarter, Holdings Channel reports. The fund owned 8,433,070 shares of the semiconductor company’s stock after selling 268,831 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Analog Devices were worth $2,072,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Family Office LLC acquired a new position in shares of Analog Devices in the 3rd quarter valued at $960,000. Resonant Capital Advisors LLC boosted its holdings in shares of Analog Devices by 1.0% in the third quarter. Resonant Capital Advisors LLC now owns 20,419 shares of the semiconductor company’s stock worth $5,017,000 after buying an additional 202 shares during the period. Maryland State Retirement & Pension System increased its position in shares of Analog Devices by 2.6% in the third quarter. Maryland State Retirement & Pension System now owns 24,738 shares of the semiconductor company’s stock worth $6,078,000 after acquiring an additional 624 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Analog Devices by 3.5% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 16,368 shares of the semiconductor company’s stock valued at $4,022,000 after acquiring an additional 555 shares in the last quarter. Finally, Baer Investment Advisory LLC boosted its stake in Analog Devices by 7.1% in the 3rd quarter. Baer Investment Advisory LLC now owns 18,406 shares of the semiconductor company’s stock worth $4,522,000 after purchasing an additional 1,228 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Transactions at Analog Devices

In related news, CAO Michael Sondel sold 8,169 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $278.03, for a total transaction of $2,271,227.07. Following the completion of the sale, the chief accounting officer directly owned 18,913 shares of the company’s stock, valued at approximately $5,258,381.39. This represents a 30.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of Analog Devices stock in a transaction on Monday, January 5th. The stock was sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the completion of the transaction, the senior vice president owned 49,664 shares in the company, valued at $13,828,444.16. This trade represents a 16.76% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 53,544 shares of company stock worth $14,328,561. 0.33% of the stock is currently owned by company insiders.

Analog Devices Stock Performance

Shares of ADI opened at $300.25 on Friday. The firm has a market cap of $147.02 billion, a price-to-earnings ratio of 65.84, a price-to-earnings-growth ratio of 1.64 and a beta of 1.03. The company’s fifty day moving average is $269.25 and its 200-day moving average is $250.06. The company has a quick ratio of 1.68, a current ratio of 2.19 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $309.17.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, topping the consensus estimate of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same period in the prior year, the business posted $1.67 earnings per share. The business’s quarterly revenue was up 25.9% on a year-over-year basis. Equities analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Monday, December 8th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, December 8th. Analog Devices’s dividend payout ratio (DPR) is presently 86.84%.

Analysts Set New Price Targets

A number of equities research analysts have commented on ADI shares. The Goldman Sachs Group restated a “buy” rating and set a $300.00 price objective on shares of Analog Devices in a research report on Tuesday, November 25th. JPMorgan Chase & Co. increased their price target on shares of Analog Devices from $310.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Morgan Stanley reaffirmed an “overweight” rating and set a $314.00 price objective on shares of Analog Devices in a research report on Friday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Analog Devices in a research note on Monday, December 29th. Finally, Piper Sandler set a $290.00 target price on shares of Analog Devices in a research note on Tuesday, November 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $305.52.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Wells Fargo upgraded ADI from “equal weight” to “overweight” and raised its price target to $340 (from $265), signaling stronger buy-side conviction that the stock can rally further. Wells Fargo upgrade / The Fly
• Positive Sentiment: Stifel Nicolaus raised its price target to $330 and reiterated a “buy” stance, adding top-down analyst support for the stock’s near-term upside. Stifel price target raise / The Fly
• Positive Sentiment: KeyCorp remains constructive — issuing an “Overweight” rating, a $375 target and above-consensus multi-year EPS forecasts (FY26/27 and quarterly cadence) that imply stronger earnings growth expectations. That helps justify higher multiples. KeyCorp coverage / MarketBeat ADI page
• Positive Sentiment: Recent fundamentals remain supportive: ADI beat EPS and revenue in its latest quarter with healthy year-over-year revenue growth, underpinning margin and cash-flow confidence. Earnings recap / MarketBeat
• Neutral Sentiment: Market structure: ADI is trading with above-average volume and near its 52‑week high, which amplifies momentum but also raises short-term volatility risk for traders. Trading note / Zacks
• Negative Sentiment: Insider selling: Director Ray Stata reported a 3,125-share sale (Jan. 13) and other small insider disposals were disclosed; while modest relative to total holdings, such sales can be interpreted negatively by some investors. Ray Stata Form 4 / SEC
• Negative Sentiment: Valuation & payout risks: ADI trades at a high P/E and carries an elevated dividend payout ratio (~87%), which could constrict upside if earnings growth slows or capital-return visibility weakens. Valuation note / Yahoo Finance
• Negative Sentiment: Additional insider sale reported: an SVP disclosed a roughly $150k sale, reinforcing the insider-selling narrative (smaller scale but notable to some investors). SVP sale / AmericanBankingNews

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.