Analog Devices, Inc. (NASDAQ:ADI) Receives Average Recommendation of “Moderate Buy” from Brokerages

Analog Devices, Inc. (NASDAQ:ADI) has received an average rating of “Moderate Buy” from the thirty research firms that are presently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and three have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $366.96.

ADI has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Bank of America lifted their target price on Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Susquehanna boosted their price target on Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a report on Thursday, February 19th. Citigroup reissued a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Piper Sandler raised their price objective on Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th.

Analog Devices Price Performance

Shares of ADI stock opened at $315.81 on Monday. The firm has a market cap of $154.18 billion, a P/E ratio of 57.74, a P/E/G ratio of 1.45 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. Analog Devices has a 1-year low of $158.65 and a 1-year high of $363.20. The firm has a fifty day moving average of $316.34 and a two-hundred day moving average of $273.34.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the firm earned $1.63 EPS. The company’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, research analysts anticipate that Analog Devices will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend is Tuesday, March 3rd. Analog Devices’s dividend payout ratio is currently 80.44%.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michael Sondel sold 8,169 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total transaction of $2,271,227.07. Following the completion of the transaction, the chief accounting officer directly owned 18,913 shares in the company, valued at $5,258,381.39. This represents a 30.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 57,743 shares of company stock worth $16,836,340. Company insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Analog Devices

Several institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Analog Devices during the 4th quarter valued at approximately $2,215,516,000. Bank of America Corp DE increased its position in Analog Devices by 42.8% in the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after buying an additional 2,912,666 shares during the period. Amundi increased its position in Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after buying an additional 1,922,302 shares during the period. Raymond James Financial Inc. lifted its stake in Analog Devices by 29.2% in the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock valued at $1,186,714,000 after buying an additional 1,091,004 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Analog Devices by 3,456.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock valued at $287,398,000 after buying an additional 1,029,927 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

About Analog Devices

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.