Analog Devices, Inc.

NASDAQ Global Select
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Bullish +55

Boston Trust Walden Corp Sells 8,567 Shares of Analog Devices, Inc ...

AI-generated analysis

📉 Boston Trust Walden Corp cut its ADI stake by 6.0% to 133,367 shares worth $42.4 million during the first quarter.

📈 Covestor Ltd increased its holdings by 14.1% to 275 shares valued at $75,000 in the fourth quarter.

💰 Insider selling was significant with Director Karen Golz and SVP Martin Cotter offloading shares totaling over $37 million combined.

📊 Q1 revenue surged 37.2% year-over-year to $3.62 billion, beating analyst estimates of $3.51 billion.

💵 Earnings per share reached $3.09, exceeding the consensus forecast of $2.89 by $0.20.

📅 Q3 2026 EPS guidance is set between $3.15 and $3.45, indicating continued growth expectations.

💸 A quarterly dividend of $1.10 was paid on June 16th with an annualized yield of 1.2%.

🎯 The consensus analyst price target stands at $439.79 with a 'Moderate Buy' rating from MarketBeat.

🏆 Wells Fargo raised its price target to $515 and Oppenheimer lifted theirs to $450 in recent notes.

🔬 ADI maintains a 26.01% net margin and a return on equity of 14.37% based on the latest quarter.

Bullish Signals
  • Revenue grew 37.2% year-over-year to $3.62 billion, significantly outpacing the consensus estimate of $3.51 billion.
  • Earnings per share of $3.09 beat analyst expectations of $2.89 by $0.20, demonstrating strong profitability.
  • The company achieved a high net margin of 26.01% and a return on equity of 14.37%.
  • Multiple major analysts including Wells Fargo, Oppenheimer, and Raymond James have raised price targets or maintained outperform ratings.
  • Analysts project full-year EPS of $12.41, suggesting sustained growth momentum.
  • The company declared a quarterly dividend with an annualized yield of 1.2%.
Risk Factors
  • Major institutional investor Boston Trust Walden Corp reduced its stake by 6.0%, signaling a potential shift in institutional sentiment.
  • Significant insider selling occurred with Director Karen Golz and SVP Martin Cotter collectively reducing their positions by over $37 million.
Full Analysis
Boston Trust Walden Corp reduced its stake in Analog Devices, Inc. (ADI) by 6.0% in the first quarter, selling 8,567 shares and holding a remaining position valued at $42.4 million. While this major institutional investor trimmed its holdings, several smaller hedge funds increased their positions, with Covestor Ltd raising its stake by 14.1% and Kohmann Bosshard Financial Services increasing theirs by 3.4%. Insider trading activity saw significant selling pressure from Director Karen Golz and SVP Martin Cotter, who collectively sold over $37 million in shares under pre-arranged plans. Analog Devices reported strong financial performance for the quarter ending May 20th, with revenue reaching $3.62 billion, a 37.2% year-over-year increase that beat analyst estimates of $3.51 billion. The company posted earnings per share of $3.09, surpassing the consensus estimate of $2.89, and achieved a net margin of 26.01%. Management provided Q3 2026 guidance for EPS between $3.15 and $3.45, while analysts project full-year earnings of approximately $12.41 per share. The semiconductor firm recently declared a quarterly dividend of $1.10 per share, paid on June 16th to shareholders of record as of June 2nd, resulting in an annualized yield of 1.2%. Wall Street sentiment remains positive with a consensus rating of 'Moderate Buy' and a price target of $439.79. Major analysts including Wells Fargo, Oppenheimer, and Raymond James have recently raised their price targets or maintained outperform ratings, citing the company's robust growth in analog and mixed-signal markets.