Analog Devices, Inc. (NASDAQ:ADI – Free Report) – Investment analysts at KeyCorp boosted their Q3 2026 earnings per share (EPS) estimates for shares of Analog Devices in a research note issued on Monday, July 13th. KeyCorp analyst J. Vinh now anticipates that the semiconductor company will post earnings of $3.41 per share for the quarter, up from their previous estimate of $3.02. KeyCorp currently has a “Overweight” rating and a $525.00 target price on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $12.41 per share. KeyCorp also issued estimates for Analog Devices’ Q4 2026 earnings at $3.67 EPS, FY2026 earnings at $12.62 EPS, Q1 2027 earnings at $3.62 EPS, Q2 2027 earnings at $3.74 EPS, Q3 2027 earnings at $3.95 EPS, Q4 2027 earnings at $4.01 EPS and FY2027 earnings at $15.32 EPS.
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly 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 net margin of 26.01% and a return on equity of 14.37%. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period last year, the company posted $1.85 EPS. Analog Devices’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS.
View Our Latest Research Report on ADI
Analog Devices Stock Down 0.5%
Shares of NASDAQ:ADI opened at $390.96 on Thursday. Analog Devices has a 52 week low of $218.37 and a 52 week high of $445.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The company has a market capitalization of $190.43 billion, a PE ratio of 58.09, a PEG ratio of 1.10 and a beta of 1.18. The company has a 50 day moving average price of $407.81 and a two-hundred day moving average price of $356.10.
Analog Devices Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio is presently 65.38%.
Insider Activity at Analog Devices
In other news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the sale, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the transaction, the senior vice president directly owned 56,332 shares of the company’s stock, valued at $23,546,776. This represents a 23.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 103,858 shares of company stock valued at $42,062,730 in the last quarter. 0.36% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Analog Devices
A number of large investors have recently bought and sold shares of the company. Riverbend Wealth Management LLC increased its stake in shares of Analog Devices by 2.2% in the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 27 shares during the last quarter. Bridgewater Advisors Inc. boosted its stake in Analog Devices by 1.5% in the first quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $574,000 after buying an additional 27 shares in the last quarter. Silicon Valley Capital Partners grew its position in Analog Devices by 4.2% in the first quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after acquiring an additional 27 shares during the last quarter. Sound Income Strategies LLC grew its position in Analog Devices by 12.0% in the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock valued at $90,000 after acquiring an additional 30 shares during the last quarter. Finally, 1620 Investment Advisors Inc. raised its stake in Analog Devices by 5.0% during the fourth quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock worth $182,000 after acquiring an additional 32 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.
More Analog Devices News
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: KeyCorp lifted EPS forecasts for Analog Devices across several upcoming quarters and full years, signaling stronger expected earnings growth.
- Positive Sentiment: The firm reiterated its Overweight rating and $525 price target, reinforcing a bullish view on Analog Devices (NASDAQ: ADI).
- Neutral Sentiment: Recent commentary also highlights ADI’s exposure to expanding AI, automotive, and industrial chip demand, but this is more of a longer-term support factor than a fresh catalyst.
- Neutral Sentiment: A director recently sold shares under a pre-arranged trading plan, which is worth noting but does not appear to signal a change in fundamentals.
About Analog Devices
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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