Comgest Global Investors S.A.S. Lowers Holdings in Analog Devices, Inc. $ADI

Comgest Global Investors S.A.S. cut its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 647,932 shares of the semiconductor company’s stock after selling 1,985 shares during the period. Analog Devices comprises 2.8% of Comgest Global Investors S.A.S.’s portfolio, making the stock its 12th biggest position. Comgest Global Investors S.A.S.’s holdings in Analog Devices were worth $159,197,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Analog Devices in the second quarter worth about $1,803,377,000. Marshall Wace LLP lifted its position in shares of Analog Devices by 948.2% in the 2nd quarter. Marshall Wace LLP now owns 1,085,990 shares of the semiconductor company’s stock worth $258,487,000 after purchasing an additional 982,385 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of Analog Devices by 47.4% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,745,985 shares of the semiconductor company’s stock valued at $653,599,000 after purchasing an additional 882,909 shares in the last quarter. Vanguard Group Inc. increased its holdings in Analog Devices by 1.5% during the second quarter. Vanguard Group Inc. now owns 50,227,231 shares of the semiconductor company’s stock valued at $11,955,086,000 after buying an additional 761,861 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Analog Devices by 684.6% during the third quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock valued at $211,871,000 after buying an additional 752,411 shares during the period. Institutional investors own 86.81% of the company’s stock.

Analog Devices Trading Up 2.6%

Analog Devices stock opened at $346.37 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.68 and a current ratio of 2.19. The stock has a market cap of $169.25 billion, a PE ratio of 75.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The stock has a 50-day moving average of $299.67 and a two-hundred day moving average of $263.17. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $355.36.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, March 3rd. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Analog Devices’s payout ratio is presently 86.84%.

Insider Activity

In other news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $306.92, for a total value of $3,069,200.00. Following the transaction, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michael Sondel sold 8,169 shares of Analog Devices stock in a transaction dated 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 53,544 shares of company stock valued at $15,320,417. 0.36% of the stock is owned by corporate insiders.

Key Analog Devices News

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

• Positive Sentiment: Q1 beat and very strong Q2 guidance — ADI reported $2.46 adjusted EPS on $3.16B revenue (both above consensus) and set Q2 EPS guidance of $2.73–3.03 and revenue ~$3.4–3.6B, well above Street expectations; this is the primary catalyst for the rally. Analog Devices Reports Fiscal First Quarter 2026 Financial Results
• Positive Sentiment: AI / data-center and industrial strength — management highlighted record data-center orders and broad industrial bookings, reinforcing the narrative that AI demand is lifting ADI’s end markets and margins. Analog Devices sees strong second-quarter as AI boom fuels chip sales
• Positive Sentiment: Dividend increase and cash returns — ADI raised the quarterly dividend 11% to $1.10 and returned $1.0B via dividends/repurchases in Q1, signaling strong free cash flow and shareholder-friendly capital allocation. Analog Devices Raises Quarterly Dividend by 11%
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms have raised ratings/targets (Needham upgraded to Buy with a $400 target; Cantor Fitzgerald and Stifel raised targets), which supports further upside expectations. Finviz (analyst upgrade summary)
• Neutral Sentiment: Market commentary and transcripts — analysts and reporters are debating how much of ADI’s upside is sustainable vs. AI-driven cyclical acceleration; read-throughs from the earnings call and transcripts provide detail but no new surprises. Analog Devices Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Coverage pieces emphasize potential upside (some suggest ADI could reach $400), which may amplify momentum but is opinion-driven rather than new company data. Analog Devices Q1 Earnings: The AI Narrative Is Stealing The Show
• Negative Sentiment: Insider selling is notable — recent filings show significant insider dispositions, which some investors view as a cautionary sign even amid strong results. QuiverQuant earnings analysis and insider activity
• Negative Sentiment: Governance discussion — a separate governance debate about special meeting rights could create distraction or proxy-related uncertainty for shareholders. Analog Devices Governance Debate Puts Special Meeting Rights In Focus

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ADI shares. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Evercore decreased their price objective on Analog Devices from $303.00 to $282.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. Truist Financial raised their price objective on Analog Devices from $258.00 to $291.00 and gave the company a “hold” rating in a research report on Friday, December 19th. Citigroup boosted their target price on shares of Analog Devices from $290.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, Bank of America increased their price target on shares of Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $331.88.

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.