Invesco Ltd. Decreases Stock Position in Analog Devices, Inc. $ADI

Invesco Ltd. cut its position in Analog Devices, Inc. (NASDAQ:ADI) by 13.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,730,748 shares of the semiconductor company’s stock after selling 1,007,987 shares during the quarter. Invesco Ltd. owned about 1.37% of Analog Devices worth $1,653,745,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ADI. Norges Bank bought a new position in shares of Analog Devices during the 2nd quarter worth $1,803,377,000. Marshall Wace LLP raised its stake in Analog Devices by 948.2% in the 2nd quarter. Marshall Wace LLP now owns 1,085,990 shares of the semiconductor company’s stock valued at $258,487,000 after acquiring an additional 982,385 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in 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 during the last quarter. Vanguard Group Inc. lifted 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 purchasing an additional 761,861 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position 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 worth $211,871,000 after purchasing an additional 752,411 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ADI. Barclays boosted their price target on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Cantor Fitzgerald lifted their price objective on shares of Analog Devices from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. The Goldman Sachs Group boosted their target price on shares of Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Finally, TD Cowen restated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $366.96.

Analog Devices Price Performance

NASDAQ:ADI opened at $307.27 on Friday. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $363.20. The stock has a fifty day moving average of $319.78 and a 200 day moving average of $274.86. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The firm has a market capitalization of $150.01 billion, a price-to-earnings ratio of 56.17, a P/E/G ratio of 1.47 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the company earned $1.63 EPS. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts expect 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. Investors of record on Tuesday, March 3rd will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

Insiders Place Their Bets

In other Analog Devices news, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $301.46, for a total value of $150,730.00. Following the completion of the transaction, the senior vice president owned 12,710 shares of the company’s stock, valued at $3,831,556.60. The trade was a 3.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on 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 directly owned 155,688 shares in the company, valued at $47,783,760.96. The trade was a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,574 shares of company stock valued at $14,565,113 over the last three months. Corporate insiders own 0.36% of the company’s stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Management highlighted plans to lift gross margins to ~74% and add ~200 bps to operating margins next quarter and pointed to rising AI-driven capital spending as a tailwind for its ATE (automated test equipment) business — supports higher profitability and a longer-term growth narrative. Analog Devices (ADI) Presents at Morgan Stanley’s Conference
• Positive Sentiment: Several bullish analyst/press pieces highlight ADI’s recent outperformance (14% gain over three months) and argue the company remains attractive for growth investors given AI-driven industrial and comms demand plus margin expansion. ADI Climbs 14% in 3 Months
• Positive Sentiment: Analyst commentary and industry data point to a strong semiconductor cycle (AI-led) that benefits ADI’s end markets — supportive for revenue and pricing over coming quarters. The Zacks Analyst Blog: Analog Devices, NXP, Taiwan and NVIDIA
• Neutral Sentiment: A 247WallStreet/coverage note mentions Goldman Sachs raising price targets on several tech names; it’s not explicit ADI-focused but contributes to sector sentiment that can indirectly affect ADI. Goldman Sachs Raises Price Targets
• Neutral Sentiment: Reported short-interest entries for March show anomalous/zero values and NaN changes in the feed — data appears unreliable and does not provide a clear bearish signal (no meaningful days-to-cover). (internal short-interest feed entries)
• Negative Sentiment: A market write-up focused on the near-term reaction says ADI fell sharply after the margin/ATE commentary — suggesting some investors sold into the news or questioned timing/visibility of the margin lift despite management’s longer-term guidance. Analog Devices (ADI) Is Down 6.5% After Margin Plan And AI ATE Tailwind Commentary

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.