Bahl & Gaynor Inc. Reduces Holdings in Analog Devices, Inc. $ADI

Bahl & Gaynor Inc. cut its position in Analog Devices, Inc. (NASDAQ:ADI) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 290,250 shares of the semiconductor company’s stock after selling 7,973 shares during the quarter. Bahl & Gaynor Inc. owned 0.06% of Analog Devices worth $71,314,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. APG Asset Management N.V. lifted its holdings in Analog Devices by 0.3% in the 3rd quarter. APG Asset Management N.V. now owns 278,700 shares of the semiconductor company’s stock worth $68,477,000 after buying an additional 800 shares in the last quarter. Sierra Summit Advisors LLC increased its position in shares of Analog Devices by 2.2% during the third quarter. Sierra Summit Advisors LLC now owns 5,314 shares of the semiconductor company’s stock worth $1,306,000 after acquiring an additional 115 shares during the last quarter. Aprio Wealth Management LLC lifted its stake in shares of Analog Devices by 3.7% in the third quarter. Aprio Wealth Management LLC now owns 1,482 shares of the semiconductor company’s stock worth $364,000 after acquiring an additional 53 shares in the last quarter. United Bank boosted its holdings in Analog Devices by 1.7% in the third quarter. United Bank now owns 6,431 shares of the semiconductor company’s stock valued at $1,580,000 after purchasing an additional 108 shares during the last quarter. Finally, Huntington National Bank grew its stake in Analog Devices by 0.8% during the 3rd quarter. Huntington National Bank now owns 502,008 shares of the semiconductor company’s stock valued at $123,344,000 after purchasing an additional 3,975 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

More Analog Devices News

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

• Positive Sentiment: AI/data‑center growth: ADI’s AI‑driven data center products are reported to be growing ~50% and represent a roughly $2 billion run‑rate opportunity, supporting expectations for continued double‑digit growth in that end market. This is a clear driver of investor enthusiasm for the stock. ADI’s AI-Based Data Center Products Gain Traction
• Positive Sentiment: Analyst upgrades/price‑target increases: Multiple firms have raised targets and reiterated buy/overweight views (Goldman Sachs, Benchmark, Morgan Stanley among others), lifting the consensus target near current levels and supporting further upside expectations. MarketBeat ADI coverage
• Positive Sentiment: Strong fundamentals and dividend boost: ADI recently beat EPS and revenue estimates, guided Q2 above street expectations, and raised the quarterly dividend — all signals that support bullish positioning and income‑seeking demand. Earnings, guidance and dividend details
• Neutral Sentiment: Market commentary and peer comparisons: Media and research pieces (Zacks, Barchart) highlight ADI’s outperformance vs. semiconductor peers and profile it as a top growth idea — useful context but not new company‑specific catalysts. Zacks: 52‑week high take
• Neutral Sentiment: Celebrity/TV mentions: Jim Cramer commented that he prefers names like Texas Instruments and Analog Devices over smaller peers, which can boost retail interest but is not a fundamental catalyst. Jim Cramer mention
• Neutral Sentiment: Confusing short‑interest reports: Multiple short‑interest entries show zero shares and “NaN” changes — likely a data/reporting glitch. No clear short squeeze signal emerges from these entries. (No reliable link — based on recent short‑interest notices.)
• Negative Sentiment: Insider selling: Chief Accounting Officer Michael Sondel sold 4,199 shares at about $361. The sale (~$1.5M) and a 22% reduction in his reported stake can prompt some profit‑taking or signal tactical rebalancing by insiders. Insider sale filing

Insider Activity

In other Analog Devices news, CAO Michael Sondel sold 8,169 shares of the stock in a transaction 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 directly owned 18,913 shares of the company’s stock, valued at $5,258,381.39. This trade represents a 30.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $301.46, for a total value of $150,730.00. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 57,743 shares of company stock worth $16,836,340 over the last 90 days. Insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of several research analyst reports. Oppenheimer reiterated an “outperform” rating and set a $400.00 target price (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. Cfra reaffirmed a “buy” rating and issued a $280.00 price target on shares of Analog Devices in a report on Tuesday, November 25th. Susquehanna increased their price objective on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research note on Thursday, February 19th. Sanford C. Bernstein reissued a “market perform” rating and issued a $270.00 target price on shares of Analog Devices in a research report on Wednesday, November 26th. Finally, Needham & Company LLC raised shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a research report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Trading Up 0.4%

NASDAQ ADI opened at $355.79 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20. The company has a 50-day simple moving average of $310.48 and a 200-day simple moving average of $269.80. The firm has a market capitalization of $173.70 billion, a PE ratio of 65.04, a price-to-earnings-growth ratio of 1.63 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter last year, the company posted $1.63 earnings per share. Analog Devices’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s payout ratio is presently 72.39%.

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.