Analog Devices, Inc. (NASDAQ:ADI - Free Report) - Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Analog Devices in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst C. Muse anticipates that the semiconductor company will earn $8.57 per share for the year. Cantor Fitzgerald has a "Neutral" rating and a $250.00 price objective on the stock. The consensus estimate for Analog Devices' current full-year earnings is $7.14 per share.
ADI has been the topic of several other reports. Lake Street Capital began coverage on shares of Analog Devices in a report on Friday, February 14th. They issued a "buy" rating on the stock. Maxim Group assumed coverage on shares of Analog Devices in a research report on Friday, February 14th. They set a "buy" rating on the stock. Cfra Research cut shares of Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. increased their price target on shares of Analog Devices from $280.00 to $300.00 and gave the stock an "overweight" rating in a research report on Thursday, February 20th. Finally, Wall Street Zen raised shares of Analog Devices from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $248.63.
View Our Latest Analysis on ADI
Analog Devices Stock Performance
ADI traded down $1.10 during trading on Tuesday, reaching $232.24. 1,160,570 shares of the company's stock were exchanged, compared to its average volume of 3,560,286. The stock has a market capitalization of $115.25 billion, a P/E ratio of 73.87, a price-to-earnings-growth ratio of 2.85 and a beta of 1.00. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.93 and a quick ratio of 1.43. The company's fifty day simple moving average is $201.19 and its 200-day simple moving average is $210.54. Analog Devices has a 1 year low of $158.65 and a 1 year high of $247.10.
Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The semiconductor company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.15. Analog Devices had a net margin of 16.75% and a return on equity of 8.91%. The company had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the previous year, the company earned $1.40 earnings per share. Analog Devices's quarterly revenue was up 22.3% on a year-over-year basis.
Institutional Investors Weigh In On Analog Devices
A number of institutional investors have recently modified their holdings of the stock. eCIO Inc. bought a new stake in Analog Devices in the first quarter worth $251,000. Osterweis Capital Management Inc. grew its position in Analog Devices by 26.4% in the first quarter. Osterweis Capital Management Inc. now owns 160,141 shares of the semiconductor company's stock worth $32,296,000 after acquiring an additional 33,450 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in Analog Devices during the 1st quarter valued at $257,000. Nova Wealth Management Inc. bought a new stake in shares of Analog Devices in the 1st quarter worth about $42,000. Finally, Strs Ohio bought a new stake in Analog Devices during the first quarter valued at about $49,203,000. 86.81% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Analog Devices
In related news, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $180.21, for a total value of $563,156.25. Following the completion of the transaction, the director now directly owns 186,321 shares of the company's stock, valued at approximately $33,576,907.41. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Vivek Jain sold 12,684 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $210.00, for a total value of $2,663,640.00. Following the transaction, the executive vice president now directly owns 43,175 shares of the company's stock, valued at $9,066,750. The trade was a 22.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,934 shares of company stock valued at $6,643,956. Corporate insiders own 0.33% of the company's stock.
Analog Devices declared that its board has authorized a share buyback plan on Tuesday, February 18th that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the semiconductor company to buy up to 9.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.
Analog Devices Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, June 4th. This represents a $3.96 annualized dividend and a dividend yield of 1.71%. Analog Devices's dividend payout ratio (DPR) is presently 107.90%.
About Analog Devices
(
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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.
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