Analog Devices (NASDAQ:ADI) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of Analog Devices (NASDAQ:ADI) from a strong-buy rating to a hold rating in a report published on Monday morning,Zacks.com reports.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. increased their price target on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Evercore ISI raised their price target on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. BNP Paribas started coverage on shares of Analog Devices in a research report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective on the stock. Barclays upped their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Finally, Piper Sandler boosted their price objective on Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $277.89.

Analog Devices Price Performance

Analog Devices stock opened at $233.41 on Monday. The stock’s 50 day moving average is $241.02 and its 200 day moving average is $232.95. Analog Devices has a one year low of $158.65 and a one year high of $258.13. The firm has a market cap of $114.83 billion, a P/E ratio of 59.54, a P/E/G ratio of 1.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter last year, the business earned $1.58 EPS. The company’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. As a group, research analysts expect that Analog Devices will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s payout ratio is presently 101.02%.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total value of $719,406.25. Following the transaction, the director directly owned 142,571 shares in the company, valued at $32,821,269.91. The trade was a 2.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 62,240 shares of company stock valued at $15,301,891. 0.33% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Analog Devices

Institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its holdings in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after buying an additional 529 shares during the period. CWM LLC lifted its position in shares of Analog Devices by 17.3% during the first quarter. CWM LLC now owns 23,275 shares of the semiconductor company’s stock worth $4,694,000 after acquiring an additional 3,436 shares in the last quarter. Edgestream Partners L.P. lifted its position in shares of Analog Devices by 32.1% during the first quarter. Edgestream Partners L.P. now owns 8,618 shares of the semiconductor company’s stock worth $1,738,000 after acquiring an additional 2,095 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of Analog Devices by 4.2% in the first quarter. SBI Securities Co. Ltd. now owns 1,928 shares of the semiconductor company’s stock worth $389,000 after acquiring an additional 78 shares during the period. Finally, Dakota Wealth Management grew its position in shares of Analog Devices by 0.7% in the first quarter. Dakota Wealth Management now owns 8,955 shares of the semiconductor company’s stock valued at $1,806,000 after purchasing an additional 61 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other 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.