Analog Devices, Inc. (NASDAQ:ADI) Receives $275.29 Average PT from Brokerages

Analog Devices, Inc. (NASDAQ:ADI) has been assigned an average recommendation of “Moderate Buy” from the twenty-seven analysts that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $275.2941.

ADI has been the topic of a number of recent research reports. UBS Group reduced 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. Benchmark raised their price target on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Barclays raised their price target on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Morgan Stanley raised their price target on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, 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.

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the sale, the senior vice president owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director directly owned 155,071 shares in the company, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 52,240 shares of company stock valued at $12,980,578. Company insiders own 0.33% of the company’s stock.

Institutional Trading of Analog Devices

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. CHICAGO TRUST Co NA raised its position in shares of Analog Devices by 54.5% during the 3rd quarter. CHICAGO TRUST Co NA now owns 3,955 shares of the semiconductor company’s stock worth $972,000 after buying an additional 1,395 shares in the last quarter. Diversified Enterprises LLC raised its position in shares of Analog Devices by 4.5% during the 3rd quarter. Diversified Enterprises LLC now owns 1,314 shares of the semiconductor company’s stock worth $323,000 after buying an additional 56 shares in the last quarter. First Bank & Trust raised its position in shares of Analog Devices by 4.1% during the 3rd quarter. First Bank & Trust now owns 1,542 shares of the semiconductor company’s stock worth $379,000 after buying an additional 61 shares in the last quarter. Sound Income Strategies LLC raised its position in shares of Analog Devices by 141.8% during the 3rd quarter. Sound Income Strategies LLC now owns 162 shares of the semiconductor company’s stock worth $39,000 after buying an additional 95 shares in the last quarter. Finally, Trust Point Inc. bought a new stake in shares of Analog Devices during the 3rd quarter worth about $431,000. 86.81% of the stock is currently owned by institutional investors.

Analog Devices Trading Down 5.3%

NASDAQ ADI opened at $225.32 on Friday. Analog Devices has a 12 month low of $158.65 and a 12 month high of $258.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The company has a market capitalization of $110.85 billion, a price-to-earnings ratio of 57.48, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09. The company’s fifty day moving average price is $241.66 and its two-hundred day moving average price is $224.32.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the firm posted $1.58 EPS. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts predict that Analog Devices will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

Analog Devices Company Profile

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.