Comerica Bank Sells 6,566 Shares of Analog Devices, Inc. $ADI

Key Points

• Comerica Bank trimmed its stake in Analog Devices by 4.7% in Q4, selling 6,566 shares and leaving 133,520 shares valued at about $36.21 million.
• Company insiders sold a total of 27,324 shares (≈$8.76 million) over the past 90 days — including Director Ray Stata and CAO Michael Sondel — leaving insiders with just 0.36% ownership.
• Analog Devices beat quarterly estimates (EPS $2.46 vs. $2.31 expected; revenue $3.16B, +30.4% YoY), set Q2 FY2026 EPS guidance of $2.73–$3.03, received analyst price‑target lifts (Bank of America to $425), and raised its quarterly dividend to $1.10.

Comerica Bank decreased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 133,520 shares of the semiconductor company's stock after selling 6,566 shares during the quarter. Comerica Bank's holdings in Analog Devices were worth $36,210,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Analog Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company's stock valued at $13,802,256,000 after buying an additional 503,970 shares during the last quarter. State Street Corp grew its stake in Analog Devices by 0.4% in the third quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company's stock worth $5,749,146,000 after purchasing an additional 81,790 shares in the last quarter. Amundi grew its stake in Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company's stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares in the last quarter. Van ECK Associates Corp grew its stake in Analog Devices by 10.1% in the third quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company's stock worth $1,446,262,000 after purchasing an additional 541,760 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Analog Devices by 29.2% in the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company's stock worth $1,186,714,000 after purchasing an additional 1,091,004 shares in the last quarter. Institutional investors own 86.81% of the company's stock.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $1,515,922.98. Following the sale, the chief accounting officer owned 14,740 shares of the company's stock, valued at approximately $5,321,434.80. This represents a 22.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 27,324 shares of company stock worth $8,758,085 over the last 90 days. Company 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: Bank of America raised its price target on ADI to $425 (from $400) and reiterated a Buy rating, citing strong margins and pricing power — a clear fundamental endorsement that can support higher share valuations. Bank of America Raises ADI PT to $425
• Positive Sentiment: ADI was highlighted as one of "4 Solid Stocks" amid an S&P 500 record close, reflecting favorable industry/earnings momentum for select tech names — positive sentiment that can attract inflows. 4 Solid Stocks to Grab
• Positive Sentiment: Recent market commentary noted ADI outperformed the broader market in the latest session (reported intraday/close gains), indicating periodic investor buying interest and momentum. ADI Beats Stock Market Upswing
• Neutral Sentiment: Analog Devices will report Q2 FY2026 results on May 20 (pre-market) and host a conference call — a near-term catalyst that often increases volatility as investors position ahead of results. Q2 FY2026 Results Date
• Neutral Sentiment: Media and retail interest in ADI has risen (multiple "most searched" / watchlist articles), which can boost short‑term volume but doesn't guarantee sustained price direction. Investors Heavily Search ADI
• Neutral Sentiment: Sector commentary (MarketBeat piece on Texas Instruments) points to strong data-center demand benefiting semiconductor peers; ADI may benefit indirectly from broader industry tailwinds but the article focuses on TI. TI Surges; Sector Context
• Neutral Sentiment: Short-interest data in the latest report appears to show 0 shares (and a 0.0 days-to-cover) — likely a reporting anomaly and not a meaningful signal on positioning.
• Neutral Sentiment: General coverage pieces listing ADI as a large-cap to watch provide additional visibility but are not new fundamental news. 2 Large-Cap Stocks Worth Investigating

Analog Devices Price Performance

Analog Devices stock opened at $399.57 on Monday. The business has a fifty day moving average of $337.53 and a two-hundred day moving average of $294.85. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The firm has a market cap of $195.07 billion, a P/E ratio of 73.05, a P/E/G ratio of 1.60 and a beta of 1.05. Analog Devices, Inc. has a twelve month low of $186.73 and a twelve month high of $408.37.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted 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. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices's revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, analysts forecast that Analog Devices, Inc. will post 11.38 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were issued a dividend of $1.10 per share. This is an increase from Analog Devices's previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, March 3rd. Analog Devices's dividend payout ratio (DPR) is currently 80.44%.

Wall Street Analysts Forecast Growth

ADI has been the topic of several research analyst reports. Jefferies Financial Group reissued a "buy" rating and issued a $410.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Truist Financial increased their price objective on Analog Devices from $291.00 to $364.00 and gave the stock a "hold" rating in a research note on Thursday, February 19th. Cantor Fitzgerald increased their price objective on Analog Devices from $350.00 to $400.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 17th. Piper Sandler increased their price objective on Analog Devices from $250.00 to $360.00 and gave the stock a "neutral" rating in a research note on Thursday, February 19th. Finally, Bank of America increased their price objective on Analog Devices from $400.00 to $425.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Analog Devices presently has an average rating of "Moderate Buy" and an average price target of $370.69.

Analog Devices Company 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.

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