Analog Devices, Inc. (NASDAQ:ADI) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Analog Devices, Inc. (NASDAQ:ADI) have received a consensus recommendation of “Moderate Buy” from the thirty-three brokerages that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $460.55.

A number of analysts have recently commented on ADI shares. Arete Research boosted their price objective on Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Seaport Research Partners raised shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price on the stock in a research note on Thursday, August 20th. Fundamental Research set a $550.00 price objective on shares of Analog Devices in a research report on Monday, June 29th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, Needham & Company LLC upped their target price on Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th.

Analog Devices Stock Performance

ADI opened at $407.93 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. Analog Devices has a twelve month low of $223.47 and a twelve month high of $445.91. The business’s 50 day moving average is $384.30 and its 200-day moving average is $367.97. The stock has a market cap of $197.67 billion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 1.20 and a beta of 1.22.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same period last year, the company earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts predict that Analog Devices will post 13.00 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.

Insider Activity

In related news, insider Vivek Jain sold 3,305 shares of the stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares in the company, valued at $16,437,216.24. This trade represents a 7.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Richard C. Puccio, Jr. sold 2,683 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total value of $1,004,944.48. Following the completion of the transaction, the chief financial officer directly owned 54,177 shares in the company, valued at $20,292,537.12. The trade was a 4.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 52,436 shares of company stock valued at $20,014,954. Insiders own 0.36% of the company’s stock.

Institutional Investors Weigh In On Analog Devices

Hedge funds have recently added to or reduced their stakes in the stock. SYM FINANCIAL Corp lifted its position in Analog Devices by 27.1% during the 3rd quarter. SYM FINANCIAL Corp now owns 1,735 shares of the semiconductor company’s stock valued at $688,000 after purchasing an additional 370 shares during the period. Oakworth Capital Inc. grew its position in shares of Analog Devices by 3.4% in the 3rd quarter. Oakworth Capital Inc. now owns 3,264 shares of the semiconductor company’s stock valued at $1,295,000 after purchasing an additional 106 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Analog Devices by 0.6% during the third quarter. Oppenheimer & Co. Inc. now owns 36,161 shares of the semiconductor company’s stock worth $14,345,000 after acquiring an additional 231 shares during the period. Center for Financial Planning Inc. lifted its holdings in shares of Analog Devices by 25.2% in the third quarter. Center for Financial Planning Inc. now owns 2,620 shares of the semiconductor company’s stock valued at $1,039,000 after purchasing an additional 527 shares in the last quarter. Finally, Flagship Harbor Advisors LLC grew its stake in shares of Analog Devices by 6.9% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 4,654 shares of the semiconductor company’s stock worth $1,846,000 after acquiring an additional 299 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.