Shares of Analog Devices, Inc. (NASDAQ:ADI – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the twenty-six research firms that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $258.8889.
ADI has been the topic of a number of recent research reports. UBS Group dropped their price target on Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research report on Monday, July 7th. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Stifel Nicolaus increased their price objective on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, July 18th. The Goldman Sachs Group assumed coverage on Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 price objective on the stock. Finally, Evercore ISI raised their price target on Analog Devices from $231.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, May 23rd.
Check Out Our Latest Analysis on ADI
Insider Transactions at Analog Devices
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of Analog Devices by 1.5% in the second quarter. Vanguard Group Inc. now owns 50,227,231 shares of the semiconductor company’s stock worth $11,955,086,000 after acquiring an additional 761,861 shares during the period. State Street Corp boosted its stake in shares of Analog Devices by 2.2% in the second quarter. State Street Corp now owns 23,317,256 shares of the semiconductor company’s stock worth $5,549,973,000 after acquiring an additional 506,507 shares during the period. Geode Capital Management LLC lifted its position in shares of Analog Devices by 5.7% in the second quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock worth $2,770,448,000 after buying an additional 633,425 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Analog Devices in the 2nd quarter valued at approximately $1,803,377,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.
Analog Devices Trading Up 6.3%
NASDAQ ADI opened at $244.87 on Thursday. The company has a market cap of $121.52 billion, a price-to-earnings ratio of 66.72, a P/E/G ratio of 2.12 and a beta of 1.05. Analog Devices has a 52 week low of $158.65 and a 52 week high of $247.73. The business has a 50 day moving average price of $233.96 and a 200-day moving average price of $216.74. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 0.19.
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a return on equity of 9.56% and a net margin of 18.65%.Analog Devices’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts expect that Analog Devices will post 7.14 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. Analog Devices’s payout ratio is 107.90%.
About Analog Devices
Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.
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