Brokerages Set Analog Devices, Inc. (NASDAQ:ADI) Price Target at $439.79

Shares of Analog Devices, Inc. (NASDAQ:ADIGet Free Report) have received a consensus rating of “Moderate Buy” from the twenty-nine ratings firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, twenty-four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $441.00.

Several equities research analysts recently commented on ADI shares. Wells Fargo & Company upped their target price on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Fundamental Research set a $550.00 target price on Analog Devices in a report on Monday, June 29th. Oppenheimer boosted their price target on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. KeyCorp increased their price target on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st.

Read Our Latest Stock Analysis on ADI

Insider Activity at Analog Devices

In other news, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the transaction, the director owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. This trade represents a 17.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 103,858 shares of company stock valued at $42,062,730 in the last ninety days. Insiders own 0.36% of the company’s stock.

Institutional Trading of Analog Devices

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ADI. Contravisory Investment Management Inc. bought a new position in Analog Devices in the second quarter worth approximately $25,000. Banque Transatlantique SA acquired a new stake in Analog Devices in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Analog Devices during the first quarter valued at about $30,000. Hilton Head Capital Partners LLC bought a new stake in shares of Analog Devices during the fourth quarter worth about $26,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices in the 4th quarter worth about $27,000. 86.81% of the stock is owned by institutional investors.

Analog Devices Stock Performance

Shares of ADI opened at $380.53 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $185.35 billion, a P/E ratio of 56.54, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18. The firm’s fifty day simple moving average is $407.25 and its two-hundred day simple moving average is $356.83. Analog Devices has a 12 month low of $218.37 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADIGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same period last year, the business posted $1.85 EPS. The business’s revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, analysts predict that Analog Devices will post 12.43 EPS for the current year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s dividend payout ratio is currently 65.38%.

Analog Devices News Summary

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

Analog Devices Company Profile

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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.

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Analyst Recommendations for Analog Devices (NASDAQ:ADI)

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