Analog Devices (NASDAQ:ADI) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Analog Devices (NASDAQ:ADI) from an equal weight rating to an overweight rating in a research report report published on Thursday morning, MarketBeat Ratings reports. They currently have $340.00 price target on the semiconductor company’s stock, up from their prior price target of $265.00.

Several other research analysts have also weighed in on the company. Bank of America lifted their target price on Analog Devices from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Robert W. Baird raised their price target on Analog Devices from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Benchmark reiterated a “buy” rating and issued a $285.00 price objective on shares of Analog Devices in a research report on Wednesday, November 26th. Wall Street Zen downgraded shares of Analog Devices from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 price target on shares of Analog Devices in a report on Tuesday, December 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $305.52.

Analog Devices Stock Performance

Shares of NASDAQ:ADI opened at $300.25 on Thursday. The firm’s 50 day simple moving average is $269.25 and its 200 day simple moving average is $250.06. Analog Devices has a fifty-two week low of $158.65 and a fifty-two week high of $309.17. The company has a market capitalization of $147.02 billion, a price-to-earnings ratio of 65.84, a P/E/G ratio of 1.64 and a beta of 1.03. 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 (NASDAQ:ADI) last issued its earnings results on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, beating the consensus estimate of $2.22 by $0.04. The firm had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.02 billion. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The business’s quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 earnings per share. As a group, sell-side analysts forecast that Analog Devices will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 8th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, December 8th. Analog Devices’s payout ratio is currently 86.84%.

Insider Buying and Selling at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total transaction of $719,406.25. Following the completion of the transaction, the director directly owned 142,571 shares in the company, valued at $32,821,269.91. This represents a 2.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Martin Cotter sold 10,000 shares of Analog Devices stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the sale, the senior vice president directly owned 49,664 shares in the company, valued at approximately $13,828,444.16. This represents a 16.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,544 shares of company stock valued at $14,328,561 in the last three months. 0.33% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Howard Hughes Medical Institute acquired a new position in shares of Analog Devices during the 2nd quarter worth approximately $25,000. RMG Wealth Management LLC bought a new position in shares of Analog Devices in the second quarter valued at $26,000. Clayton Financial Group LLC bought a new position in shares of Analog Devices in the third quarter valued at $31,000. Y.D. More Investments Ltd acquired a new position in Analog Devices during the third quarter worth $32,000. Finally, LFA Lugano Financial Advisors SA raised its position in Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 65 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

More Analog Devices News

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

• Positive Sentiment: Wells Fargo upgraded ADI from “equal weight” to “overweight” and raised its price target to $340 (from $265), signaling stronger buy-side conviction that the stock can rally further. Wells Fargo upgrade / The Fly
• Positive Sentiment: Stifel Nicolaus raised its price target to $330 and reiterated a “buy” stance, adding top-down analyst support for the stock’s near-term upside. Stifel price target raise / The Fly
• Positive Sentiment: KeyCorp remains constructive — issuing an “Overweight” rating, a $375 target and above-consensus multi-year EPS forecasts (FY26/27 and quarterly cadence) that imply stronger earnings growth expectations. That helps justify higher multiples. KeyCorp coverage / MarketBeat ADI page
• Positive Sentiment: Recent fundamentals remain supportive: ADI beat EPS and revenue in its latest quarter with healthy year-over-year revenue growth, underpinning margin and cash-flow confidence. Earnings recap / MarketBeat
• Neutral Sentiment: Market structure: ADI is trading with above-average volume and near its 52‑week high, which amplifies momentum but also raises short-term volatility risk for traders. Trading note / Zacks
• Negative Sentiment: Insider selling: Director Ray Stata reported a 3,125-share sale (Jan. 13) and other small insider disposals were disclosed; while modest relative to total holdings, such sales can be interpreted negatively by some investors. Ray Stata Form 4 / SEC
• Negative Sentiment: Valuation & payout risks: ADI trades at a high P/E and carries an elevated dividend payout ratio (~87%), which could constrict upside if earnings growth slows or capital-return visibility weakens. Valuation note / Yahoo Finance
• Negative Sentiment: Additional insider sale reported: an SVP disclosed a roughly $150k sale, reinforcing the insider-selling narrative (smaller scale but notable to some investors). SVP sale / AmericanBankingNews

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.