Amundi 13F: Adds $101M to Analog Devices (ADI) Stake

Amundi Expands Position in Analog Devices, Inc.

Institutional investor Amundi increased its stake in Analog Devices, Inc. (NasdaqGS: ADI) during the period, according to a Form 13F filed with the Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position today. Amundi reported owning a sizable block of the semiconductor maker's stock as large funds continue to adjust portfolios across the technology sector.

Portfolio Adjustments Bring Over 5 Million Shares

Amundi boosted its position by adding 254,632 shares during the period. That move represented a 5.3% increase over its prior holding of 4,789,639 shares. The firm ended the period with a total of 5,044,271 shares of Analog Devices. Based on market prices around the filing date, that total stake carried a value of roughly $2.0 billion. Other institutional managers have also adjusted positions in the chipmaker recently, including First Citizens Bank & Trust and Gotham Asset Management.

Stock Performance and Market Context

Shares of Analog Devices trade around $397.18 on the NasdaqGS. The stock has experienced a wide trading range over the past year, dropping as low as $223.47 and climbing as high as $445.91. Short-term and long-term moving averages place the shares near $382.95 for the 50-day indicator and $365.58 for the 200-day metric. These levels reflect steady interest in the semiconductor space as companies navigate demand cycles across industrial and automotive markets.

Wall Street Analyst Updates and Price Targets

Numerous research firms have updated their views on Analog Devices recently. On September 8, 2026, TD Cowen reiterated its buy rating with a $460.00 price target. Earlier in August, Baird maintained an outperform rating and lifted its target to $675.00, while BMO Capital initiated coverage with an outperform rating and a $430.00 target. JP Morgan and Wells Fargo both maintain positive stances with price targets near $500.00, and Bernstein upgraded the stock to an outperform rating with a $465.00 target on August 20, 2026. Across 32 analyst opinions, the stock carries a strong buy recommendation with a mean price target of $471.34.

What Analog Devices Does

Analog Devices designs, manufactures, and sells integrated circuits, software, and subsystems that bridge the physical and digital worlds. Its products include data converters that translate analog signals into digital data, power management tools, amplifiers, and radio frequency components. These technologies serve diverse clients in industrial automation, automotive systems, consumer electronics, and healthcare markets worldwide from its headquarters in Wilmington, Massachusetts.

Looking Ahead for Institutional Filings

Investors tracking major fund moves will await subsequent 13F disclosures to see whether Amundi and other large asset managers maintain or scale back their positions. Analog Devices is scheduled to report its next round of earnings on November 24, 2026, which will provide fresh data on revenue growth and profit margins. As always, past 13F filings look backward and may not reflect ongoing portfolio strategies.