Analog Devices, Inc. (NASDAQ:ADI) Given Consensus Rating of “Moderate Buy” by Analysts

Analog Devices, Inc. (NASDAQ:ADI) has earned an average recommendation of “Moderate Buy” from the twenty-nine research firms that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, twenty-three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $441.00.

ADI has been the topic of several research reports. Weiss Ratings cut Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Evercore reissued an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. KeyCorp raised their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Wolfe Research restated an “outperform” rating and issued a $475.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Finally, Fundamental Research set a $550.00 target price on Analog Devices in a research report on Monday, June 29th.

Analog Devices Stock Performance

NASDAQ:ADI opened at $384.43 on Thursday. The company has a 50-day moving average of $392.39 and a 200-day moving average of $368.14. The firm has a market cap of $187.25 billion, a price-to-earnings ratio of 57.12, a price-to-earnings-growth ratio of 1.00 and a beta of 1.20. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices has a twelve month low of $223.47 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period in the previous year, the firm earned $1.85 EPS. The business’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts forecast that Analog Devices will post 12.42 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

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

Insider Activity

In other news, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total transaction of $534,355.92. Following the sale, the director owned 114,511 shares in the company, valued at $43,213,016.07. The trade was a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the completion of the sale, the chief executive officer owned 137,538 shares of the company’s stock, valued at approximately $49,926,294. This trade represents a 6.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 105,274 shares of company stock valued at $42,247,986 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Analog Devices

Several institutional investors and hedge funds have recently added to or reduced their stakes in ADI. Banque Transatlantique SA acquired a new position in Analog Devices during the fourth quarter valued at $25,000. Contravisory Investment Management Inc. purchased a new stake in Analog Devices in the 2nd quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices during the 4th quarter worth about $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices during the 4th quarter worth about $27,000. Finally, Evolution Wealth Management Inc. purchased a new position in Analog Devices during the 1st quarter valued at about $30,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

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.