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

Shares of Analog Devices, Inc. (NASDAQ:ADI) have earned an average rating of “Buy” from the thirty analysts that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, twenty-six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $454.6333.

ADI has been the topic of several research reports. Needham & Company LLC boosted their price target on shares of Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Oppenheimer raised their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Robert W. Baird raised their target price on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a report on Monday, August 24th. Wells Fargo & Company decreased their price target on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research report on Thursday, August 20th. Finally, Truist Financial upped their price target on Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a report on Wednesday, May 20th.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $361.78 on Monday. Analog Devices has a 1 year low of $223.47 and a 1 year high of $445.91. The firm has a market cap of $175.31 billion, a P/E ratio of 42.92, a PEG ratio of 0.74 and a beta of 1.20. The stock has a fifty day moving average price of $382.77 and a two-hundred day moving average price of $373.30. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 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 company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter in the previous year, the business earned $2.05 EPS. The company’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. Research analysts forecast that Analog Devices will post 12.96 EPS for the current fiscal year.

Analog Devices Announces Dividend

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

Insider Buying and Selling

In related news, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the transaction, the director owned 114,511 shares of the company’s stock, valued at approximately $43,213,016.07. This trade represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $363.00, for a total value of $3,630,000.00. Following the sale, the chief executive officer owned 137,538 shares in the company, valued at approximately $49,926,294. The trade was a 6.78% decrease in their position. 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. Insiders sold 48,957 shares of company stock valued at $19,268,931 over the last ninety days. 0.36% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Banque Transatlantique SA purchased a new position in shares of 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. Manning & Napier Advisors LLC acquired a new stake in Analog Devices during 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. Finally, Gordian Capital Singapore Pte Ltd purchased a new position in Analog Devices during the 4th quarter valued at about $27,000. 86.81% of the stock is 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.