Analog Devices (NASDAQ:ADI) Price Target Raised to $240.00

Analog Devices (NASDAQ:ADI) had its price objective upped by Barclays from $185.00 to $240.00 in a report released on Thursday morning,Benzinga reports. Barclays currently has an equal weight rating on the semiconductor company’s stock.

Several other research firms have also recently commented on ADI. Wells Fargo & Company set a $235.00 price target on Analog Devices and gave the company an “equal weight” rating in a report on Monday, June 16th. Morgan Stanley lowered their price target on Analog Devices from $214.00 to $212.00 and set an “overweight” rating for the company in a report on Friday, May 23rd. Noble Financial upgraded Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Cfra Research cut Analog Devices from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, May 22nd. Finally, Williams Trading set a $260.00 target price on Analog Devices in a report on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and a consensus target price of $273.53.

Analog Devices Stock Up 2.1%

ADI opened at $252.20 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.51. The stock has a market capitalization of $124.07 billion, a price-to-earnings ratio of 64.34, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. The business has a 50-day moving average of $234.80 and a two-hundred day moving average of $217.40. Analog Devices has a 12 month low of $158.65 and a 12 month high of $257.22.

Analog Devices (NASDAQ:ADI) last posted its quarterly 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. The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research analysts expect that Analog Devices will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

Insider Buying and Selling at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the sale, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Analog Devices

Institutional investors have recently made changes to their positions in the company. Howard Hughes Medical Institute bought a new stake in shares of Analog Devices in the 2nd quarter valued at approximately $25,000. Activest Wealth Management increased its holdings in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of Analog Devices in the 2nd quarter valued at approximately $26,000. Orion Capital Management LLC bought a new stake in shares of Analog Devices in the 4th quarter valued at approximately $27,000. Finally, Menard Financial Group LLC bought a new stake in shares of Analog Devices in the 4th quarter valued at approximately $27,000. 86.81% of the stock is currently owned by institutional investors.

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.