Analog Devices, Inc. (NASDAQ:ADI) Receives $432.71 Average PT from Analysts

Analog Devices, Inc. (NASDAQ:ADI) has received an average rating of “Moderate Buy” from the twenty-nine brokerages that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, twenty-four have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $432.7143.

Several equities research analysts have weighed in on the stock. Robert W. Baird increased their target price on shares of Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Truist Financial increased their target price on shares of Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a report on Wednesday, May 20th. Wells Fargo & Company raised their price objective on shares of Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Jefferies Financial Group boosted their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st.

Insider Activity at Analog Devices

In related news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Karen Golz sold 1,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $411.95, for a total transaction of $411,950.00. Following the completion of the sale, the director directly owned 12,019 shares in the company, valued at $4,951,227.05. This represents a 7.68% 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 90 days, insiders sold 101,442 shares of company stock valued at $40,422,954. 0.36% of the stock is owned by insiders.

Institutional Investors Weigh In On Analog Devices

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 529 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Analog Devices by 36.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $417,000 after buying an additional 464 shares during the last quarter. Ieq Capital LLC increased its stake in Analog Devices by 38.0% in the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock valued at $10,610,000 after buying an additional 12,276 shares during the last quarter. HUB Investment Partners LLC acquired a new stake in Analog Devices in the 2nd quarter valued at $644,000. Finally, Peapack Gladstone Financial Corp increased its stake in Analog Devices by 2.4% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock valued at $14,322,000 after buying an additional 1,406 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Stock Performance

ADI opened at $434.46 on Wednesday. The firm’s fifty day moving average is $401.55 and its two-hundred day moving average is $341.19. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The firm has a market cap of $211.62 billion, a PE ratio of 64.56, a price-to-earnings-growth ratio of 1.22 and a beta of 1.18. Analog Devices has a twelve month low of $218.37 and a twelve month high of $439.70.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.20. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same period last year, the business posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities research analysts anticipate that Analog Devices will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s payout ratio is currently 65.38%.

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.