Intact Investment Management Inc. Sells 1,900 Shares of Analog Devices, Inc. $ADI

05 May 2026, 06:07 by Doug Wharley · The Cerbat Gem

Intact Investment Management Inc. trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 17.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,900 shares of the semiconductor company’s stock after selling 1,900 shares during the quarter. Intact Investment Management Inc.’s holdings in Analog Devices were worth $2,414,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Oak Harbor Wealth Partners LLC increased its position in Analog Devices by 2.8% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 2,340 shares of the semiconductor company’s stock worth $635,000 after acquiring an additional 63 shares during the period. PKO Investment Management Joint Stock Co increased its position in Analog Devices by 20.0% during the fourth quarter. PKO Investment Management Joint Stock Co now owns 12,000 shares of the semiconductor company’s stock worth $3,254,000 after acquiring an additional 2,000 shares during the period. Legacy Edge Advisors LLC bought a new position in Analog Devices during the fourth quarter worth about $311,000. CX Institutional increased its position in Analog Devices by 574.7% during the fourth quarter. CX Institutional now owns 34,368 shares of the semiconductor company’s stock worth $9,321,000 after acquiring an additional 29,274 shares during the period. Finally, Balentine LLC increased its position in Analog Devices by 15.9% during the fourth quarter. Balentine LLC now owns 1,171 shares of the semiconductor company’s stock worth $318,000 after acquiring an additional 161 shares during the period. 86.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ADI has been the topic of a number of recent research reports. Susquehanna raised their price target on shares of Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research report on Thursday, February 19th. UBS Group raised their price target on shares of Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Evercore restated an “outperform” rating and issued a $387.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. Barclays boosted their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, Needham & Company LLC upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price for the company in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $370.69.

Check Out Our Latest Research Report on ADI

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $397.02 on Tuesday. The firm has a 50 day moving average of $341.55 and a 200-day moving average of $299.32. The stock has a market capitalization of $193.83 billion, a PE ratio of 72.58, a PEG ratio of 1.60 and a beta of 1.19. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12 month low of $194.26 and a 12 month high of $408.37.

Analog Devices (NASDAQ:ADI – Get Free Report) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 11.35 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. Investors of record on Tuesday, March 3rd were issued a dividend of $1.10 per share. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s payout ratio is presently 80.44%.

Insider Activity at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the sale, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the sale, the director directly owned 123,821 shares in the company, valued at $39,288,403.30. This trade represents a 2.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 27,324 shares of company stock valued at $9,667,985. 0.36% of the stock is owned by insiders.

Analog Devices Profile

(Free Report)

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.