Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) Director Ray Stata sold 1,432 shares of Analog Devices stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the transaction, the director owned 120,175 shares in the company, valued at $48,169,745.25. The trade was a 1.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Analog Devices Price Performance
Shares of Analog Devices stock opened at $412.13 on Friday. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $439.70. The stock has a market capitalization of $200.74 billion, a P/E ratio of 61.24, a PEG ratio of 1.10 and a beta of 1.18. 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 business's fifty day moving average price is $389.82 and its 200 day moving average price is $334.10.
Analog Devices (NASDAQ:ADI - Get Free Report) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating 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 for the quarter, compared to analysts' expectations of $3.51 billion. During the same quarter last year, the firm earned $1.85 earnings per share. The firm's revenue for the quarter 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, research analysts anticipate that Analog Devices, Inc. will post 12.41 earnings per share for the current year.
Analog Devices Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices's payout ratio is currently 65.38%.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Piper Sandler boosted their price objective on Analog Devices from $250.00 to $360.00 and gave the stock a "neutral" rating in a research note on Thursday, February 19th. Raymond James Financial reaffirmed an "outperform" rating and set a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Wells Fargo & Company lifted their target price on Analog Devices from $470.00 to $515.00 and gave the stock an "overweight" rating in a research report on Thursday, May 21st. Evercore reaffirmed an "outperform" rating and set a $474.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Finally, Citigroup lifted their target price on Analog Devices from $400.00 to $460.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $432.71.
Read Our Latest Research Report on Analog Devices
Institutional Trading of Analog Devices
Several hedge funds and other institutional investors have recently bought and sold shares of the company. FAS Wealth Partners Inc. increased its holdings in Analog Devices by 2.8% in the first quarter. FAS Wealth Partners Inc. now owns 1,300 shares of the semiconductor company's stock valued at $413,000 after buying an additional 35 shares during the last quarter. Rathbones Group PLC increased its holdings in Analog Devices by 7.7% in the first quarter. Rathbones Group PLC now owns 1,395 shares of the semiconductor company's stock valued at $444,000 after buying an additional 100 shares during the last quarter. Farmers National Bank increased its holdings in Analog Devices by 11.7% in the first quarter. Farmers National Bank now owns 10,001 shares of the semiconductor company's stock valued at $3,182,000 after buying an additional 1,047 shares during the last quarter. Parallel Advisors LLC increased its holdings in Analog Devices by 6.9% in the first quarter. Parallel Advisors LLC now owns 14,932 shares of the semiconductor company's stock valued at $4,750,000 after buying an additional 969 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Analog Devices by 3.3% in the first quarter. NewEdge Advisors LLC now owns 245,536 shares of the semiconductor company's stock valued at $78,115,000 after buying an additional 7,808 shares during the last quarter. 86.81% of the stock is owned by institutional investors.
Analog Devices Company Profile
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Get Free Report)
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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