Analog Devices, Inc. $ADI Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp reduced its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 12.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 306,313 shares of the semiconductor company’s stock after selling 45,078 shares during the period. Mackenzie Financial Corp’s holdings in Analog Devices were worth $75,261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Analog Devices in the 2nd quarter valued at $1,803,377,000. Marshall Wace LLP boosted its holdings in Analog Devices by 948.2% during 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 grew its position in Analog Devices by 47.4% in the 2nd 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 acquiring an additional 882,909 shares in the last quarter. Vanguard Group Inc. increased its stake 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 worth $11,955,086,000 after purchasing an additional 761,861 shares during the period. Finally, SG Americas Securities LLC increased its stake 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. 86.81% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Sector tailwinds — Global semiconductor sales surged ~46% year‑over‑year in January amid the AI boom, reinforcing demand for chips and components ADI supplies (data converters, mixed‑signal, ATE). This macro backdrop supports upside to ADI’s revenue and pricing leverage. The Zacks Analyst Blog Analog Devices, NXP, Taiwan and NVIDIA
• Positive Sentiment: Momentum and fundamentals — Recent coverage notes ADI has climbed ~14% over three months on AI-driven demand that’s boosting industrial and communications end markets, expanding margins and improving the revenue outlook; that momentum is helping investor sentiment. ADI Climbs 14% in 3 Months: Time to Buy, Sell or Hold the Stock?
• Positive Sentiment: Management commentary — At the Morgan Stanley TMT conference ADI highlighted nine consecutive quarters of above‑seasonal performance across ATE, aerospace and automotive, signaling durable demand beyond just data‑center AI spend. That message supports expectations for continued outperformance. Analog Devices (ADI) Presents at Morgan Stanley’s Conference, Here’s What You Need to Know
• Positive Sentiment: Analyst tone — Multiple Zacks pieces argue ADI has attractive growth characteristics for long‑term investors, reinforcing buyside interest and supporting multiple expansion narratives. Here is Why Growth Investors Should Buy Analog Devices (ADI) Now
• Neutral Sentiment: Short‑interest data appears anomalous (reported totals and changes read as 0/NaN), so there’s no clear short‑covering or build‑up signal to explain intraday moves; treat reported short‑interest figures as unreliable until clarified.
• Neutral Sentiment: Media consolidation — Several stories repeat the same sector/AI thesis (semiconductor sales surge, ADI among beneficiaries), so near‑term price moves may be more momentum driven than the result of new, discrete company catalysts. Semiconductor Sales Continue to Soar: 4 Stocks With Growth Potential

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Morgan Stanley reissued an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 target price (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Susquehanna raised their price target on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research report on Thursday, February 19th. Finally, Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $366.96.

Insider Buying and Selling at Analog Devices

In other news, SVP Martin Cotter sold 10,000 shares of Analog Devices stock in a transaction on Monday, January 5th. The shares were sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the completion of the sale, the senior vice president directly owned 49,664 shares of the company’s stock, valued at approximately $13,828,444.16. The trade was a 16.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the business’s 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 transaction, the chief executive officer owned 155,688 shares of the company’s stock, valued at approximately $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. In the last quarter, insiders sold 49,574 shares of company stock worth $14,565,113. 0.36% of the stock is currently owned by company insiders.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $319.22 on Thursday. The business has a 50-day simple moving average of $319.06 and a 200-day simple moving average of $274.64. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $363.20. The company has a market cap of $155.84 billion, a PE ratio of 58.36, a P/E/G ratio of 1.47 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter last year, the company earned $1.63 earnings per share. The firm’s 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, equities research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently disclosed 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. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

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.