Comgest Global Investors S.A.S. Cuts Stake in Analog Devices, Inc. $ADI

Comgest Global Investors S.A.S. lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 647,932 shares of the semiconductor company’s stock after selling 1,985 shares during the quarter. Analog Devices comprises 2.8% of Comgest Global Investors S.A.S.’s portfolio, making the stock its 12th biggest holding. Comgest Global Investors S.A.S. owned 0.13% of Analog Devices worth $159,197,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Howard Hughes Medical Institute bought a new position in shares of Analog Devices during the second quarter worth $25,000. Clayton Financial Group LLC bought a new position in shares of Analog Devices during the 3rd quarter valued at about $31,000. LFA Lugano Financial Advisors SA boosted its holdings in shares of Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares during the last quarter. Valley Wealth Managers Inc. purchased a new position in shares of Analog Devices during the third quarter valued at about $38,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Analog Devices by 141.8% in the third quarter. Sound Income Strategies LLC now owns 162 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 95 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ADI. Bank of America increased their price target on Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. increased their target price on Analog Devices from $310.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Robert W. Baird raised their target price on shares of Analog Devices from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Morgan Stanley restated an “overweight” rating and issued a $314.00 price target on shares of Analog Devices in a research report on Friday, January 16th. Finally, Benchmark reiterated a “buy” rating and set a $285.00 price objective on shares of Analog Devices in a research report on Wednesday, November 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $331.88.

Key Headlines Impacting Analog Devices

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

Insider Transactions at Analog Devices

In other news, SVP Katsufumi Nakamura sold 500 shares of Analog Devices stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the sale, the senior vice president directly owned 12,710 shares in the company, valued at approximately $3,831,556.60. This trade represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 53,544 shares of company stock valued at $15,320,417. Company insiders own 0.36% of the company’s stock.

Analog Devices Trading Up 2.6%

ADI stock opened at $346.37 on Thursday. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $355.36. The stock has a market capitalization of $169.25 billion, a price-to-earnings ratio of 75.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The company has a quick ratio of 1.68, a current ratio of 2.19 and a debt-to-equity ratio of 0.24. The firm’s fifty day simple moving average is $299.67 and its two-hundred day simple moving average is $263.17.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The firm’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. As a group, analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be issued a $1.10 dividend. The ex-dividend date is Tuesday, March 3rd. This is a positive change 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 dividend payout ratio (DPR) is currently 86.84%.

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.