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

Shares of Analog Devices, Inc. (NASDAQ:ADI) have received a consensus rating of “Buy” from the thirty-one ratings firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, twenty-five have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $367.8077.

A number of brokerages recently issued reports on ADI. Cantor Fitzgerald lifted their price objective on shares of Analog Devices from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. raised their target price on Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Bank of America lifted their price target on Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Robert W. Baird set a $365.00 price target on Analog Devices in a report on Thursday, February 19th. Finally, Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 18th.

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer directly owned 155,688 shares in the company, valued at $47,783,760.96. This represents a 6.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the transaction, the director directly owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. The trade was a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 31,449 shares of company stock valued at $9,585,369. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Howard Hughes Medical Institute bought a new stake in Analog Devices during the 2nd quarter worth $25,000. Banque Transatlantique SA bought a new position in Analog Devices in the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC bought a new position in Analog Devices in the fourth quarter valued at about $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices during the fourth quarter valued at about $27,000. Finally, Clayton Financial Group LLC acquired a new stake in shares of Analog Devices during the third quarter valued at about $31,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Down 0.7%

ADI stock opened at $318.34 on Friday. Analog Devices has a 52 week low of $158.65 and a 52 week high of $363.20. The business has a 50-day simple moving average of $324.96 and a 200 day simple moving average of $281.46. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The company has a market cap of $155.41 billion, a PE ratio of 58.20, a price-to-earnings-growth ratio of 1.47 and a beta of 1.05.

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

Analog Devices Increases Dividend

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

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.