BDF Gestion Lowers Stake in Analog Devices, Inc. $ADI

BDF Gestion lessened its position in Analog Devices, Inc. (NASDAQ:ADI) by 17.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,356 shares of the semiconductor company’s stock after selling 2,986 shares during the period. BDF Gestion’s holdings in Analog Devices were worth $3,527,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ADI. Howard Hughes Medical Institute purchased a new stake in Analog Devices in the 2nd quarter worth approximately $25,000. Activest Wealth Management grew its position in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares during the period. RMG Wealth Management LLC acquired a new position in Analog Devices in the second quarter valued at $26,000. Saudi Central Bank purchased a new position in Analog Devices during the first quarter worth about $39,000. Finally, Nova Wealth Management Inc. acquired a new stake in Analog Devices in the 1st quarter worth about $42,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices News Roundup

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

• Positive Sentiment: BofA raised its price target to $320 (from $290) and kept a Buy rating — this signals confidence in a multi‑year, AI/upgrade-driven demand cycle that supports longer‑term upside. BofA Raises ADI Target
• Positive Sentiment: UBS lifted its target and reiterated a Buy — another major shop increasing its valuation supports positive analyst momentum and can attract institutional buying. UBS Lifts ADI Target
• Positive Sentiment: Truist raised its price target to $291 (from $258) — even though it remains a “Hold,” the higher target narrows upside risk and supports the stock at current levels. Truist Raises ADI Target
• Positive Sentiment: Zacks and other shops have raised several near‑term and multi‑year EPS estimates for ADI — upward revisions to earnings forecasts are supportive of valuation expansion and give analysts cover to lift targets. (Source: compile of Zacks/MarketBeat notes)
• Neutral Sentiment: Seeking Alpha notes “high growth across industrials” for ADI — thematic growth is encouraging, but execution and margin retention will determine stock impact. ADI Sees High Growth Across Industrials
• Neutral Sentiment: Valuation debate: a Yahoo Finance piece asks whether ADI’s ~110% five‑year run leaves substantial upside at current levels — raises the risk that momentum stalls if growth expectations slip. Has ADI’s 110% Five Year Surge Left Much Upside?
• Negative Sentiment: Insider selling: SVP Martin Cotter sold ~5,000 shares (~$1.36M) and director Ray Stata sold 3,125 shares (~$873k). While insider sales can be routine, clustered sales may raise short‑term sentiment pressure. Martin Cotter Sells ADI Stock Ray Stata Form 4

Insider Activity at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $234.95, for a total transaction of $2,349,500.00. Following the transaction, the chief executive officer directly owned 163,640 shares of the company’s stock, valued at approximately $38,447,218. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Michael Sondel sold 8,169 shares of the firm’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 sale, the chief accounting officer directly 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 40,419 shares of company stock valued at $10,249,017. 0.33% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of research analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price objective on shares of Analog Devices in a research note on Tuesday. Truist Financial upped their price target on shares of Analog Devices from $258.00 to $291.00 and gave the stock a “hold” rating in a research report on Friday. BNP Paribas initiated coverage on shares of Analog Devices in a report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price target on the stock. Wells Fargo & Company upped their price objective on Analog Devices from $250.00 to $265.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, BNP Paribas Exane assumed coverage on Analog Devices in a research report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and an average target price of $287.22.

Analog Devices Stock Down 0.2%

Shares of Analog Devices stock opened at $274.44 on Friday. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $284.23. The stock has a market cap of $134.38 billion, a price-to-earnings ratio of 60.18, a price-to-earnings-growth ratio of 1.52 and a beta of 1.04. The company has a current ratio of 2.19, a quick ratio of 1.68 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average price of $250.17 and a 200 day moving average price of $242.23.

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

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Monday, December 8th will be given a $0.99 dividend. The ex-dividend date of this dividend is Monday, December 8th. This represents a $3.96 annualized dividend and a yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is 86.84%.

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.