Analog Devices, Inc. $ADI Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI) by 3.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 374,366 shares of the semiconductor company’s stock after selling 14,148 shares during the period. Analog Devices comprises 1.9% of Riverbridge Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Riverbridge Partners LLC owned approximately 0.08% of Analog Devices worth $101,528,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Regent Peak Wealth Advisors LLC increased its holdings in Analog Devices by 3.7% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 1,088 shares of the semiconductor company’s stock valued at $295,000 after purchasing an additional 39 shares during the last quarter. Fragasso Financial Advisors Inc raised its position in Analog Devices by 2.9% in the fourth quarter. Fragasso Financial Advisors Inc now owns 1,372 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 39 shares during the period. Quent Capital LLC lifted its stake in Analog Devices by 2.4% during the third quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock worth $445,000 after purchasing an additional 42 shares in the last quarter. Carson Advisory Inc. boosted its position in shares of Analog Devices by 3.1% during the third quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock worth $354,000 after buying an additional 43 shares during the period. Finally, Sivia Capital Partners LLC boosted its position in shares of Analog Devices by 2.5% during the third quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock worth $441,000 after buying an additional 44 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of research reports. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Bank of America raised their target price on Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Susquehanna lifted their target price on Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research report on Thursday, February 19th. Evercore reissued an “outperform” rating and set a $387.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Finally, UBS Group raised their price objective on shares of Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $366.96.

Insider Activity at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the transaction, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at $5,321,434.80. This trade represents a 22.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total transaction of $991,562.50. Following the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 41,449 shares of company stock valued at $12,336,069 in the last quarter. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Down 2.7%

Analog Devices stock opened at $313.42 on Friday. The stock has a market cap of $153.01 billion, a PE ratio of 57.30, a P/E/G ratio of 1.48 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The stock’s fifty day moving average is $323.80 and its two-hundred day moving average is $279.17. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $363.20.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the prior year, the firm posted $1.63 EPS. The business’s quarterly revenue 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. On average, sell-side analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were paid a $1.10 dividend. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s payout ratio is currently 80.44%.

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.