Key Points
- Analog Devices CFO Richard Puccio Jr. sold 1,500 shares at an average price of $382.19, totaling $573,285. The transaction was made under a pre-arranged Rule 10b5-1 plan, leaving him with 51,177 shares.
- Analog Devices reported quarterly EPS of $3.45, beating estimates of $3.34, while revenue rose 39.2% year over year to $4.02 billion. The company also declared a quarterly dividend of $1.10 per share, representing a 1.1% yield.
- Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $457.97 versus the stock’s reported opening price of $385.23. Institutional investors own approximately 86.81% of the company.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CFO Richard Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $382.19, for a total transaction of $573,285.00. Following the completion of the transaction, the chief financial officer owned 51,177 shares of the company's stock, valued at $19,559,337.63. This trade represents a 2.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Analog Devices Stock Down 1.3%
NASDAQ ADI opened at $385.23 on Thursday. The stock's 50 day simple moving average is $372.52 and its 200 day simple moving average is $376.16. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The firm has a market cap of $186.67 billion, a PE ratio of 45.70, a price-to-earnings-growth ratio of 1.21 and a beta of 1.20. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91.
Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The business's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices's dividend payout ratio is 52.19%.
Analyst Upgrades and Downgrades
ADI has been the subject of several research reports. Sanford C. Bernstein upgraded shares of Analog Devices from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $430.00 to $465.00 in a research report on Wednesday, August 19th. Stifel Nicolaus upped their target price on shares of Analog Devices from $450.00 to $498.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. BMO Capital Markets assumed coverage on shares of Analog Devices in a research note on Thursday, August 20th. They set an "outperform" rating and a $430.00 price target on the stock. Needham & Company LLC raised their price target on shares of Analog Devices from $440.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, August 20th. Finally, Piper Sandler set a $460.00 target price on Analog Devices in a research report on Tuesday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $457.97.
Read Our Latest Stock Report on Analog Devices
Institutional Trading of Analog Devices
Several institutional investors and hedge funds have recently made changes to their positions in ADI. ING Groep NV raised its holdings in Analog Devices by 45.1% in the fourth quarter. ING Groep NV now owns 222,559 shares of the semiconductor company's stock worth $60,358,000 after purchasing an additional 69,202 shares during the period. Natixis Advisors LLC increased its position in shares of Analog Devices by 2.4% in the 4th quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company's stock valued at $271,791,000 after buying an additional 23,531 shares in the last quarter. National Pension Service increased its position in shares of Analog Devices by 0.5% in the 4th quarter. National Pension Service now owns 1,354,027 shares of the semiconductor company's stock valued at $367,212,000 after buying an additional 6,492 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Analog Devices by 108.5% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company's stock worth $6,511,000 after buying an additional 10,648 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in Analog Devices during the fourth quarter worth about $4,355,000. Institutional investors own 86.81% of the company's stock.
Analog Devices Company Profile
(
Get Free Report)
Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures high-performance analog, mixed-signal, power-management and radio-frequency integrated circuits. Its technologies help convert real-world signals—such as temperature, pressure, sound, motion and light—into data that electronic systems can process and use.
The company offers data converters, amplifiers, power-management products, sensors, embedded processors, connectivity solutions and other semiconductor components.
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