Analog Devices (NASDAQ:ADI) Sets New 1-Year High – Time to Buy?

Analog Devices, Inc. (NASDAQ:ADI) shares reached a new 52-week high on Tuesday . The stock traded as high as $358.00 and last traded at $355.15, with a volume of 4131137 shares traded. The stock had previously closed at $355.03.

Analysts Set New Price Targets

ADI has been the topic of a number of recent analyst reports. Benchmark boosted their price target on shares of Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Oppenheimer reissued an “outperform” rating and issued a $400.00 target price (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. The Goldman Sachs Group raised their price target on Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. BNP Paribas Exane assumed coverage on Analog Devices in a research report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price objective for the company. Finally, Cantor Fitzgerald increased their target price on Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $366.96.

Analog Devices Stock Performance

The stock has a market cap of $173.38 billion, a price-to-earnings ratio of 64.93, a P/E/G ratio of 1.68 and a beta of 1.03. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The firm has a fifty day simple moving average of $303.91 and a 200-day simple moving average of $266.21.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the company posted $1.63 earnings per share. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $4.40 annualized dividend and a yield of 1.2%. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is presently 72.39%.

Insider Activity at Analog Devices

In related news, SVP Martin Cotter sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the completion of the sale, the senior vice president directly owned 49,664 shares of the company’s stock, valued at $13,828,444.16. The trade was a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer directly owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 53,544 shares of company stock worth $15,320,417. Insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Kera Capital Partners Inc. grew its stake in shares of Analog Devices by 23.6% during the fourth quarter. Kera Capital Partners Inc. now owns 2,127 shares of the semiconductor company’s stock worth $577,000 after purchasing an additional 406 shares during the period. Virtu Financial LLC bought a new position in Analog Devices during the fourth quarter worth about $3,477,000. MV Capital Management Inc. acquired a new position in shares of Analog Devices during the 4th quarter worth about $457,000. Sunbelt Securities Inc. grew its position in shares of Analog Devices by 2.0% during the 4th quarter. Sunbelt Securities Inc. now owns 3,891 shares of the semiconductor company’s stock worth $1,055,000 after buying an additional 76 shares during the period. Finally, Cambient Family Office LLC bought a new stake in shares of Analog Devices in the 4th quarter valued at about $338,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Company Profile

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.