Analog Devices (NASDAQ:ADI – Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.430-1.630 for the period, compared to the consensus earnings per share estimate of 1.570. The company issued revenue guidance of $2.3 billion-$2.5 billion, compared to the consensus revenue estimate of $2.3 billion. Analog Devices also updated its Q1 guidance to $1.43-1.63 EPS.
Analyst Ratings Changes
A number of brokerages recently weighed in on ADI. JPMorgan Chase & Co. boosted their price objective on shares of Analog Devices from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Truist Financial reduced their target price on shares of Analog Devices from $233.00 to $227.00 and set a “hold” rating for the company in a research note on Wednesday. TD Cowen reduced their target price on shares of Analog Devices from $270.00 to $260.00 and set a “buy” rating for the company in a research note on Wednesday. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research note on Wednesday. Finally, Oppenheimer reissued an “outperform” rating and set a $245.00 target price on shares of Analog Devices in a research note on Thursday, August 22nd. Seven research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $249.33.
Read Our Latest Stock Report on ADI
Analog Devices Trading Down 0.9 %
Analog Devices Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 9th will be issued a $0.92 dividend. The ex-dividend date is Monday, December 9th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.69%. Analog Devices’s payout ratio is currently 110.51%.
Insider Buying and Selling
In other news, EVP Gregory M. Bryant sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $223.87, for a total transaction of $4,477,400.00. Following the sale, the executive vice president now owns 59,093 shares in the company, valued at $13,229,149.91. The trade was a 25.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $223.87, for a total transaction of $2,238,700.00. Following the sale, the chief executive officer now owns 21,983 shares in the company, valued at $4,921,334.21. This represents a 31.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 110,000 shares of company stock worth $24,883,200 in the last ninety days. 0.31% of the stock is currently owned by corporate insiders.
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.
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