Rep. Thomas H. Kean, Jr. Sells Off Shares of Analog Devices, Inc. (NASDAQ:ADI)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Analog Devices, Inc. (NASDAQ:ADI). In a filing disclosed on May 22nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Analog Devices stock on April 29th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 3/31/2026.
• Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 3/26/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 3/26/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 3/26/2026.
• Sold $15,001 – $50,000 in shares of PepsiCo (NASDAQ:PEP) on 3/26/2026.
• Purchased $1,001 – $15,000 in shares of Linde (NASDAQ:LIN) on 3/26/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/26/2026.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 3/10/2026.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $397.07 on Tuesday. The firm has a market cap of $193.41 billion, a price-to-earnings ratio of 59.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.19. The stock’s 50-day moving average is $363.42 and its 200-day moving average is $317.55. Analog Devices, Inc. has a one year low of $206.00 and a one year high of $435.72. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.35.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s quarterly revenue was up 37.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts predict that Analog Devices, Inc. will post 12.06 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s payout ratio is 65.38%.

Institutional Investors Weigh In On Analog Devices

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Banque Transatlantique SA bought a new stake in Analog Devices during the fourth quarter worth $25,000. Evolution Wealth Management Inc. bought a new stake in Analog Devices during the first quarter worth $30,000. Hilton Head Capital Partners LLC bought a new stake in Analog Devices during the fourth quarter worth $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices during the fourth quarter worth $27,000. Finally, Entrust Financial LLC bought a new stake in Analog Devices during the fourth quarter worth $33,000. 86.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on ADI shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 target price on shares of Analog Devices in a research report on Wednesday, May 20th. Needham & Company LLC increased their price target on Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Jefferies Financial Group increased their price target on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Robert W. Baird increased their price target on Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $429.85.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the sale, the chief accounting officer directly owned 14,740 shares in the company, valued at $5,321,434.80. This represents a 22.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the sale, the chief executive officer owned 187,538 shares of the company’s stock, valued at $74,623,245.58. The trade was a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 24,199 shares of company stock valued at $8,676,423 over the last 90 days. Corporate insiders own 0.36% of the company’s stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Analog Devices

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.