Analog Devices (NASDAQ:ADI) Hits New 1-Year High Following Better-Than-Expected Earnings

Analog Devices, Inc. (NASDAQ:ADI) reached a new 52-week high on Thursday following a better than expected earnings announcement. The stock traded as high as $249.39 and last traded at $249.10, with a volume of 1330010 shares. The stock had previously closed at $244.87.

The semiconductor company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the company earned $1.58 earnings per share. Analog Devices’s quarterly revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices’s dividend payout ratio (DPR) is 107.90%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. KGI Securities assumed coverage on Analog Devices in a research note on Friday, May 23rd. They set a “buy” rating for the company. Wells Fargo & Company lifted their price target on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Stifel Nicolaus lifted their price target on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, Raymond James Financial raised Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $273.53.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the sale, the director owned 167,571 shares in the company, valued at approximately $40,088,010.33. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of Analog Devices

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Baader Bank Aktiengesellschaft raised its position in shares of Analog Devices by 3.9% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock valued at $270,000 after purchasing an additional 43 shares in the last quarter. Bennett Associates Wealth Management raised its position in shares of Analog Devices by 2.9% in the 2nd quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company’s stock valued at $387,000 after purchasing an additional 46 shares in the last quarter. Solstein Capital LLC raised its position in shares of Analog Devices by 2.0% in the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock valued at $549,000 after purchasing an additional 46 shares in the last quarter. Keystone Financial Services raised its position in shares of Analog Devices by 1.2% in the 2nd quarter. Keystone Financial Services now owns 3,837 shares of the semiconductor company’s stock valued at $913,000 after purchasing an additional 46 shares in the last quarter. Finally, EFG Asset Management North America Corp. raised its position in shares of Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock valued at $2,866,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

The stock has a 50-day simple moving average of $234.26 and a 200-day simple moving average of $217.03. The company has a market capitalization of $122.55 billion, a price-to-earnings ratio of 63.00, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. The company has a current ratio of 2.32, a quick ratio of 1.51 and a debt-to-equity ratio of 0.24.

Analog Devices Company Profile

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.