Analog Devices’ (ADI) “Buy” Rating Reiterated at TD Cowen

TD Cowen reiterated their buy rating on shares of Analog Devices (NASDAQ:ADI) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. They currently have a $460.00 price objective on the semiconductor company’s stock.

ADI has been the subject of a number of other research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $480.00 price objective on shares of Analog Devices in a report on Wednesday, August 19th. Robert W. Baird upped their target price on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Jefferies Financial Group raised their target price on shares of Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Morgan Stanley raised their target price on shares of Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Finally, Needham & Company LLC boosted their price target on Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $457.97.

Analog Devices Trading Down 1.0%

ADI opened at $361.25 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The stock’s 50 day moving average price is $375.10 and its 200-day moving average price is $374.64. Analog Devices has a one year low of $223.47 and a one year high of $445.91. The stock has a market cap of $175.05 billion, a price-to-earnings ratio of 42.85, a P/E/G ratio of 1.13 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. During the same period last year, the company earned $2.05 EPS. Analog Devices’s quarterly revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts forecast that Analog Devices will post 12.96 EPS for the current year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices’s payout ratio is 52.19%.

Insider Activity

In other Analog Devices news, CFO Richard Puccio, Jr. sold 2,683 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $374.56, for a total value of $1,004,944.48. Following the completion of the transaction, the chief financial officer directly owned 54,177 shares in the company, valued at approximately $20,292,537.12. The trade was a 4.72% decrease in their ownership of the stock. 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, Director Karen Golz sold 1,000 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $374.50, for a total transaction of $374,500.00. Following the sale, the director directly owned 10,019 shares of the company’s stock, valued at approximately $3,752,115.50. The trade was a 9.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 40,431 shares of company stock valued at $14,987,547. Company insiders own 0.36% of the company’s stock.

Institutional Investors Weigh In On Analog Devices

A number of hedge funds and other institutional investors have recently bought and sold shares of ADI. Bouchey Financial Group Ltd. acquired a new stake in Analog Devices in the second quarter valued at approximately $205,000. Sequoia Financial Advisors LLC increased its position in shares of Analog Devices by 5.1% during the second quarter. Sequoia Financial Advisors LLC now owns 21,450 shares of the semiconductor company’s stock worth $8,519,000 after purchasing an additional 1,041 shares in the last quarter. IPG Investment Advisors LLC purchased a new stake in shares of Analog Devices during the 2nd quarter valued at $1,922,000. Cidel Asset Management Inc. lifted its holdings in shares of Analog Devices by 45.0% during the 2nd quarter. Cidel Asset Management Inc. now owns 7,331 shares of the semiconductor company’s stock valued at $2,912,000 after purchasing an additional 2,276 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Analog Devices by 17.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 12,432 shares of the semiconductor company’s stock worth $4,938,000 after purchasing an additional 1,876 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Edge-AI expansion: Alif’s AI-native fusion processors would complement ADI’s analog technology and support “physical intelligence”—systems that can sense, reason and act without relying entirely on the cloud. The acquisition could broaden ADI’s addressable market and improve its competitive position in emerging AI hardware. Analog Devices to Acquire Alif Semiconductor
• Positive Sentiment: Healthy operating momentum: ADI’s latest quarterly results exceeded expectations, with $3.45 in adjusted EPS and $4.02 billion in revenue. Revenue rose 39.2% year over year, while industrial and automotive demand demonstrates that growth extends beyond data-center AI. Analog Devices Shows Why AI Is Not the Only Story Driving Chip Demand
• Positive Sentiment: Supportive analyst sentiment: TD Cowen reiterated a Buy rating, while Wall Street’s consensus rating remains Buy with an average target price near $458. Elevated call-option activity also points to increased bullish interest. TD Cowen Reiterates Buy Rating
• Neutral Sentiment: Insider selling: CFO Richard Puccio sold 1,500 shares, and director Ray Stata sold 1,416 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance as indicators of management’s outlook.
• Negative Sentiment: Deal and valuation risks: The all-cash acquisition will require substantial capital, and investors must weigh integration and execution risks. With ADI trading at a high earnings multiple, disappointment in the Alif deal or a broader semiconductor slowdown could pressure the stock.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures high-performance analog, mixed-signal, power-management and radio-frequency integrated circuits. Its technologies help convert real-world signals—such as temperature, pressure, sound, motion and light—into data that electronic systems can process and use.

The company offers data converters, amplifiers, power-management products, sensors, embedded processors, connectivity solutions and other semiconductor components.