Analog Devices stock draws focus after fund trims stake
Published on 11/02/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInstitutional Moves Before Earnings
- Grandfield & Dodd reduced its Analog Devices position by 1.7 percent in the third quarter.
- Analog Devices is scheduled to report fiscal fourth-quarter results on November 24, 2026.
- The latest reported quarter exceeded analyst expectations on earnings and revenue.
Grandfield & Dodd reduced its position in Analog Devices during the third quarter, according to a MarketBeat report published on Sunday, November 1, 2026. The investment firm sold 4,024 shares, or 1.7 percent of its holding, and retained 227,490 shares valued at 90.248 million US dollars at the end of the quarter.
The filing-related update puts institutional positioning in focus ahead of Analog Devices' fiscal fourth-quarter results. The company has scheduled the release for Tuesday, November 24, at 7:00 a.m. Eastern time, followed by a conference call at 10:00 a.m. Eastern time, according to the company's announcement.
Fund Positioning Meets Earnings Expectations
MarketBeat said institutional investors and hedge funds collectively owned 86.81 percent of Analog Devices. The report also cited recent purchases and stake increases by other investors, including Lazard Asset Management and Nan Shan Life Insurance, but the individual transactions occurred in earlier quarters.
The company enters the November report after a strong fiscal third quarter. Analog Devices reported earnings of 3.45 US dollars per share and revenue of 4.02 billion US dollars, beating consensus estimates of 3.34 US dollars per share and 3.92 billion US dollars, respectively. Revenue increased 39.2 percent from the prior-year quarter, while the company guided fiscal fourth-quarter earnings to a range of 3.71 to 4.01 US dollars per share.
MarketBeat also reported a consensus rating of Moderate Buy and an average analyst price target of 460.55 US dollars. Those figures describe analyst expectations rather than a guaranteed outcome; the November results will provide the next test of demand across Analog Devices' semiconductor businesses.
Analog Devices stock traded at 376.58 euros on Lang & Schwarz at 11:05 CET on Monday, November 2, 2026.
Investors can follow the real-time quote of Analog Devices stock.
Analog Devices at a Glance
- Company: Analog Devices, Inc.
- ISIN: US0326541051
- Ticker: ADI
- Home exchange: Nasdaq
- Lang & Schwarz quote: 376.58 euros on November 2, 2026, at 11:05 CET
- 52-week range: 223.47 to 445.91 US dollars
- Market capitalization: 202.12 billion US dollars
The US semiconductor sector remains the broader market context for Analog Devices as investors assess AI infrastructure demand, industrial recovery and valuation ahead of the earnings date. See the latest S&P 500 market reports.
More developments are due with the November 24 earnings release. Investors can find more news and analyses on Analog Devices stock.
