KeyCorp Issues Positive Forecast for Analog Devices (NASDAQ:ADI) Stock Price

Analog Devices (NASDAQ:ADI) had its target price boosted by KeyCorp from $300.00 to $310.00 in a report published on Thursday,Benzinga reports. They currently have an overweight rating on the semiconductor company’s stock.

Other equities analysts have also issued reports about the stock. Raymond James Financial upgraded shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, June 18th. UBS Group lowered their price target on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research report on Monday, July 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research note on Thursday. Cowen reaffirmed a “buy” rating on shares of Analog Devices in a research note on Friday, May 23rd. Finally, Cantor Fitzgerald raised shares of Analog Devices from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $250.00 to $270.00 in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $273.53.

Analog Devices Stock Performance

ADI opened at $246.95 on Thursday. The firm has a market capitalization of $122.55 billion, a PE ratio of 63.00, a PEG ratio of 2.25 and a beta of 1.05. Analog Devices has a twelve month low of $158.65 and a twelve month high of $250.18. The firm’s 50-day moving average price is $234.26 and its 200 day moving average price is $217.03. 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 (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts expect that Analog Devices will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

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

Insider Activity

In other news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total value of $747,593.75. Following the sale, the director directly owned 167,571 shares of the company’s stock, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ADI. Howard Hughes Medical Institute acquired a new position in shares of Analog Devices in the second quarter valued at approximately $25,000. Activest Wealth Management grew its holdings in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of Analog Devices in the second quarter valued at approximately $26,000. Orion Capital Management LLC acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $27,000. Finally, Menard Financial Group LLC acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

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.