CI Investments Inc. Has $32.10 Million Stock Holdings in Analog Devices, Inc. $ADI

Posted by George Bondi on Jul 23rd, 2026

Analog Devices logo CI Investments Inc. lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 272.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,894 shares of the semiconductor company’s stock after acquiring an additional 73,793 shares during the quarter. CI Investments Inc.’s holdings in Analog Devices were worth $32,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Analog Devices by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock worth $13,802,256,000 after purchasing an additional 503,970 shares during the last quarter. State Street Corp boosted its stake in shares of Analog Devices by 0.4% in the 4th quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after purchasing an additional 88,538 shares during the last quarter. Morgan Stanley boosted its stake in shares of Analog Devices by 1.9% in the 4th quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after purchasing an additional 194,535 shares during the last quarter. Bank of America Corp DE increased its position in shares of Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after buying an additional 2,912,666 shares during the period. Finally, Norges Bank bought a new position in Analog Devices during the fourth quarter worth $2,215,516,000. 86.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on ADI shares. Truist Financial boosted their target price on shares of Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a report on Wednesday, May 20th. Citigroup increased their price target on Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Bank of America lifted their price objective on Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Sanford C. Bernstein reissued a “market perform” rating and issued a $430.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Wells Fargo & Company upped their target price on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $441.00.

Check Out Our Latest Report on ADI

Analog Devices Price Performance

ADI stock opened at $386.73 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company’s 50-day moving average is $403.77 and its 200-day moving average is $359.82. The stock has a market capitalization of $188.37 billion, a PE ratio of 57.46, a price-to-earnings-growth ratio of 0.99 and a beta of 1.18. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91.

Analog Devices (NASDAQ:ADI – Get Free Report) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same period in the previous year, the company posted $1.85 EPS. The firm’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities research analysts expect that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s payout ratio is currently 65.38%.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Karen Golz sold 1,000 shares of the business’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the sale, the director owned 11,019 shares in the company, valued at approximately $4,295,536.77. The trade was a 8.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the transaction, the senior vice president owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 103,858 shares of company stock valued at $42,062,730 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Analog Devices Profile

(Free Report)

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.