Analog Devices, Inc. (NASDAQ:ADI) Given Average Rating of “Moderate Buy” by Analysts
by Mitch Edgeman · The Markets DailyShares of Analog Devices, Inc. (NASDAQ:ADI – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-nine research firms that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, twenty-three have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $441.00.
ADI has been the topic of a number of recent analyst reports. Evercore restated an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Stifel Nicolaus increased their target price on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Jefferies Financial Group raised their target price on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Citigroup boosted their price target on shares of Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price target on shares of Analog Devices in a research note on Wednesday, May 20th.
Get Our Latest Stock Analysis on ADI
Analog Devices Stock Down 0.7%
Shares of Analog Devices stock opened at $377.69 on Thursday. The business’s fifty day moving average price is $395.90 and its two-hundred day moving average price is $365.24. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company has a market capitalization of $183.97 billion, a P/E ratio of 56.12, a PEG ratio of 0.99 and a beta of 1.20. Analog Devices has a 1-year low of $218.37 and a 1-year high of $445.91.
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the previous year, the firm posted $1.85 EPS. The firm’s quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, research analysts forecast that Analog Devices will post 12.42 EPS for the current year.
Analog Devices Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s payout ratio is presently 65.38%.
Insider Transactions at Analog Devices
In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares in the company, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Karen Golz sold 1,000 shares of the stock in a transaction on Monday, July 13th. The shares were sold at an average price of $389.83, for a total value of $389,830.00. Following the transaction, the director directly owned 11,019 shares of the company’s stock, valued at approximately $4,295,536.77. The trade was a 8.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 103,858 shares of company stock valued at $41,713,630. 0.36% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ADI. ING Groep NV boosted its holdings in Analog Devices by 45.1% during the fourth quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock worth $60,358,000 after buying an additional 69,202 shares in the last quarter. Covenant Asset Management LLC bought a new position in shares of Analog Devices in the fourth quarter valued at $2,500,000. Jones Kertz & Associates Inc. bought a new position in shares of Analog Devices in the fourth quarter valued at $1,480,000. MGO One Seven LLC lifted its position in shares of Analog Devices by 17.7% during the 4th quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company’s stock valued at $12,352,000 after acquiring an additional 6,846 shares during the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of Analog Devices by 2.4% during the 4th quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company’s stock valued at $271,791,000 after acquiring an additional 23,531 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Analog Devices
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth