199,603 Analog Devices, Inc. $ADI Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 74.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 67,000 shares of the semiconductor company’s stock after selling 199,603 shares during the quarter. Vontobel Holding Ltd.’s holdings in Analog Devices were worth $26,580,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Analog Devices in the 2nd quarter worth approximately $18,610,868,000. Bank of America Corp DE raised its position in shares of Analog Devices by 5.2% in the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock valued at $3,250,341,000 after purchasing an additional 501,604 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Analog Devices by 24.7% in the 2nd quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company’s stock valued at $3,345,316,000 after purchasing an additional 1,670,957 shares during the last quarter. Amundi boosted its stake in Analog Devices by 5.3% in the 1st quarter. Amundi now owns 5,044,271 shares of the semiconductor company’s stock worth $1,604,771,000 after purchasing an additional 254,632 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in Analog Devices in the 2nd quarter worth approximately $1,525,167,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

More Analog Devices News

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

• Positive Sentiment: KeyCorp raised its earnings outlook across fiscal 2026 and 2027. The firm increased its FY2026 EPS estimate to $13.06 from $12.62 and its FY2027 forecast to $17.88 from $15.32. Quarterly estimates were also lifted, including Q4 2026 to $4.07 from $3.67 and Q1–Q4 2027 estimates ranging from $4.17 to $4.74. KeyCorp maintained an “Overweight” rating and a $525 price target, suggesting confidence in improving demand and earnings growth. KeyCorp raises Analog Devices earnings estimates
• Positive Sentiment: Analog Devices is partnering with InoBat on battery-energy-storage systems for AI data centers. The collaboration could position ADI to benefit from rising power-management and energy-storage needs associated with data-center expansion and artificial-intelligence infrastructure. The report did not provide financial terms or near-term revenue estimates. InoBat and Analog Devices partnership
• Neutral Sentiment: KeyBanc reiterated its $525 price target. Maintaining the target provides continued valuation support, but the lack of a target-price increase represents limited incremental upside from this update. KeyBanc maintains Analog Devices price target

Analyst Ratings Changes

Several brokerages recently weighed in on ADI. BMO Capital Markets assumed coverage on shares of Analog Devices in a report on Thursday, August 20th. They issued an “outperform” rating and a $430.00 price target on the stock. Arete Research lifted their price objective on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Sanford C. Bernstein raised shares of Analog Devices from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $430.00 to $465.00 in a report on Wednesday, August 19th. Needham & Company LLC increased their price objective on shares of Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Finally, Evercore reduced their target price on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and an average target price of $460.09.

Analog Devices Trading Down 2.1%

Shares of Analog Devices stock traded down $8.51 during trading hours on Friday, hitting $395.44. The company’s stock had a trading volume of 4,768,076 shares, compared to its average volume of 3,202,071. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The stock has a market cap of $191.62 billion, a price-to-earnings ratio of 46.91, a P/E/G ratio of 1.24 and a beta of 1.22. The firm has a fifty day moving average of $382.76 and a 200-day moving average of $386.52. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the prior year, the firm earned $2.05 earnings per share. The firm’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Research analysts forecast that Analog Devices, Inc. will post 12.99 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is currently 52.19%.

Insider Activity

In related news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the sale, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at $45,830,692.40. This represents a 7.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $420.04, for a total transaction of $594,776.64. Following the completion of the transaction, the director owned 108,847 shares in the company, valued at approximately $45,720,093.88. This represents a 1.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 50,936 shares of company stock valued at $19,430,764 over the last 90 days. Insiders own 0.36% of the company’s stock.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.