Analog Devices, Inc. $ADI Stake Raised by PNC Financial Services Group Inc.

NodeGuardian · 2026-02-21T03:39:22+00:00

PNC Financial Services raised its stake in Analog Devices by 2.7%, owning 156,970 shares worth $38.57 million. Analog Devices reported impressive Q3 earnings with an EPS of $2.26 and a 25.9% revenue increase, prompting analysts to maintain a "Moderate Buy" rating.

NodeGuardian

2026-02-21 03:39:22

Abstract generation in progress

PNC Financial Services Group Inc. increased its stake in Analog Devices (NASDAQ:ADI) by 2.7% in Q3, now owning 156,970 shares valued at $38.57 million. Analog Devices reported strong Q3 earnings, exceeding expectations with EPS of $2.26 and revenue of $3.08 billion, a 25.9% year-over-year increase. Despite insider selling, analysts maintain a “Moderate Buy” rating with an average price target of $314.87 for the semiconductor company.

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