Analog Devices (NASDAQ:ADI) Price Target Raised to $291.00 at Truist Financial

Analog Devices (NASDAQ:ADI) had its price objective boosted by Truist Financial from $258.00 to $291.00 in a report released on Friday, Marketbeat Ratings reports. The brokerage currently has a hold rating on the semiconductor company’s stock.

Several other research firms have also recently weighed in on ADI. Piper Sandler set a $290.00 price objective on shares of Analog Devices in a report on Tuesday, November 25th. Evercore ISI cut their target price on shares of Analog Devices from $303.00 to $282.00 and set an “outperform” rating for the company in a research report on Tuesday, November 25th. KeyCorp increased their price target on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Finally, Stifel Nicolaus set a $280.00 price objective on Analog Devices in a research report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $287.22.

Analog Devices Stock Down 0.2%

ADI stock opened at $274.44 on Friday. The stock has a market capitalization of $134.38 billion, a P/E ratio of 60.18, a P/E/G ratio of 1.52 and a beta of 1.04. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.19 and a quick ratio of 1.68. Analog Devices has a 1-year low of $158.65 and a 1-year high of $284.23. The business has a fifty day moving average price of $250.17 and a 200-day moving average price of $242.23.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, topping the consensus estimate of $2.22 by $0.04. Analog Devices had a return on equity of 11.23% and a net margin of 20.58%.The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same period last year, the company earned $1.67 EPS. Analog Devices’s revenue for the quarter was up 25.9% on a year-over-year basis. Equities analysts forecast that Analog Devices will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Monday, December 8th will be given a $0.99 dividend. The ex-dividend date is Monday, December 8th. This represents a $3.96 dividend on an annualized basis and a yield of 1.4%. Analog Devices’s dividend payout ratio is presently 86.84%.

Insider Activity

In related news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the completion of the transaction, the chief executive officer directly owned 140,118 shares in the company, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 40,419 shares of company stock worth $10,249,017. 0.33% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ADI. Howard Hughes Medical Institute purchased a new position in shares of Analog Devices in the second quarter valued at about $25,000. Activest Wealth Management raised its stake in Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares during the period. RMG Wealth Management LLC purchased a new position in Analog Devices in the 2nd quarter worth approximately $26,000. Clayton Financial Group LLC bought a new position in Analog Devices in the 3rd quarter worth approximately $31,000. Finally, Y.D. More Investments Ltd bought a new position in Analog Devices in the 3rd quarter worth approximately $32,000. Institutional investors own 86.81% of the company’s stock.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: BofA raised its price target to $320 (from $290) and kept a Buy rating — this signals confidence in a multi‑year, AI/upgrade-driven demand cycle that supports longer‑term upside. BofA Raises ADI Target
• Positive Sentiment: UBS lifted its target and reiterated a Buy — another major shop increasing its valuation supports positive analyst momentum and can attract institutional buying. UBS Lifts ADI Target
• Positive Sentiment: Truist raised its price target to $291 (from $258) — even though it remains a “Hold,” the higher target narrows upside risk and supports the stock at current levels. Truist Raises ADI Target
• Positive Sentiment: Zacks and other shops have raised several near‑term and multi‑year EPS estimates for ADI — upward revisions to earnings forecasts are supportive of valuation expansion and give analysts cover to lift targets. (Source: compile of Zacks/MarketBeat notes)
• Neutral Sentiment: Seeking Alpha notes “high growth across industrials” for ADI — thematic growth is encouraging, but execution and margin retention will determine stock impact. ADI Sees High Growth Across Industrials
• Neutral Sentiment: Valuation debate: a Yahoo Finance piece asks whether ADI’s ~110% five‑year run leaves substantial upside at current levels — raises the risk that momentum stalls if growth expectations slip. Has ADI’s 110% Five Year Surge Left Much Upside?
• Negative Sentiment: Insider selling: SVP Martin Cotter sold ~5,000 shares (~$1.36M) and director Ray Stata sold 3,125 shares (~$873k). While insider sales can be routine, clustered sales may raise short‑term sentiment pressure. Martin Cotter Sells ADI Stock Ray Stata Form 4

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.