Davenport Reduces $31M in Analog Devices, Inc. ($ADI)

Key Points

  • Davenport changed its Analog Devices, Inc. ($ADI) stake by 14.63% last quarter, cutting to 458,850 shares worth $182.25 million.
  • Wall Street's consensus rating on $ADI is Strong Buy and an average price target of $470.25.
  • $ADI last traded around $397.18.

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Davenport reduced its position in Analog Devices, Inc. ($ADI) by 14.63% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 458,850 shares of Analog Devices, Inc. after selling 78,605 shares during the quarter. Davenport's holdings in Analog Devices, Inc. were worth $182.25 million as of its most recent filing.

Analog Devices, Inc. Stock Up 9.8%

Shares of Analog Devices, Inc. ($ADI) traded around $397.18 on Saturday, up 9.8% for the day.

Last price$397.18
Market cap$175.48B
P/E ratio42.91
Forward P/E22.17
PEG ratio0.56
Beta1.21
52-week low$223.47
52-week high$445.91
50-day MA$383.91
200-day MA$345.23
Current ratio1.25
Quick ratio0.83
Debt-to-equity0.27

Analog Devices, Inc. Earnings

EPS (ttm)$8.44
Revenue (ttm)$13.88B
Revenue growth39.60%
Net margin29.79%
Return on equity12.23%
Next earningsNov 24, 2026

Analog Devices, Inc. Dividend

Annual dividend$4.40
Dividend yield122%
Payout ratio49.64%
Ex-dividend dateSep 1, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$470.25
High target$675
Low target$365
Analysts covering32

About Analog Devices, Inc.

Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. It provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. The company also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, it provides digital signal processing and system products for numeric calculations. The company serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. The company was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.

ExchangeNasdaqGS
SectorTechnology
IndustrySemiconductors
HeadquartersWilmington, MA
CEOMr. Vincent T. Roche
Employees24,500

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