Analysts Set Analog Devices, Inc. (NASDAQ:ADI) Price Target at $258.89

Key Points

• Analog Devices, Inc. has received a consensus rating of "Moderate Buy" from research firms, with a current average price target of approximately $258.89.
• The company reported $2.05 earnings per share for the last quarter, exceeding the consensus estimate and marking a 24.6% increase in revenue compared to the same period last year.
• Analog Devices will pay a quarterly dividend of $0.99 per share on September 16th, reflecting an annual yield of 1.6% despite a payout ratio of 107.90%.

Shares of Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-five research firms that are presently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $273.5294.

Several research analysts recently weighed in on the company. Williams Trading set a $260.00 price target on Analog Devices in a research report on Friday, May 23rd. The Goldman Sachs Group assumed coverage on Analog Devices in a research report on Thursday, July 10th. They set a "buy" rating and a $285.00 price target on the stock. Stifel Nicolaus upped their price target on Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, July 18th. JPMorgan Chase & Co. upped their price target on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday. Finally, Cfra Research lowered Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, May 22nd.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the transaction, the director directly owned 167,571 shares of the company's stock, valued at $40,088,010.33. This represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.33% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ADI. Howard Hughes Medical Institute acquired a new position in Analog Devices in the 2nd quarter worth about $25,000. Activest Wealth Management increased its position in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 127 shares during the last quarter. RMG Wealth Management LLC acquired a new position in Analog Devices in the 2nd quarter worth about $26,000. Orion Capital Management LLC acquired a new position in Analog Devices in the 4th quarter worth about $27,000. Finally, Menard Financial Group LLC acquired a new position in Analog Devices in the 4th quarter worth about $27,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Trading Up 2.1%

Shares of NASDAQ ADI traded up $5.25 during mid-day trading on Thursday, hitting $252.20. 4,988,997 shares of the company traded hands, compared to its average volume of 3,656,419. Analog Devices has a 1 year low of $158.65 and a 1 year high of $257.22. The stock has a market capitalization of $125.15 billion, a price-to-earnings ratio of 64.34, a PEG ratio of 2.19 and a beta of 1.05. The company has a quick ratio of 1.51, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average of $234.80 and a two-hundred day moving average of $217.35.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the prior year, the business posted $1.58 earnings per share. Analog Devices's revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, sell-side analysts anticipate 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 will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices's payout ratio is presently 101.02%.

About Analog Devices

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.