Analog Devices Q3 EPS Estimate Reduced by Zacks Research

Analog Devices, Inc. (NASDAQ:ADI - Free Report) - Research analysts at Zacks Research cut their Q3 2025 earnings per share estimates for Analog Devices in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now expects that the semiconductor company will earn $1.79 per share for the quarter, down from their prior forecast of $1.83. The consensus estimate for Analog Devices' current full-year earnings is $7.14 per share. Zacks Research also issued estimates for Analog Devices' Q4 2025 earnings at $1.90 EPS, FY2025 earnings at $7.01 EPS, Q4 2026 earnings at $2.34 EPS, Q1 2027 earnings at $2.24 EPS and FY2027 earnings at $9.77 EPS.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The semiconductor company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.54 by $0.09. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.36 billion. Analog Devices had a return on equity of 8.91% and a net margin of 16.75%. Analog Devices's quarterly revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.73 EPS.

Several other research firms also recently weighed in on ADI. Needham & Company LLC reiterated a "hold" rating on shares of Analog Devices in a research note on Thursday, February 20th. Oppenheimer reiterated an "outperform" rating and set a $270.00 price target (up previously from $245.00) on shares of Analog Devices in a research note on Thursday, February 20th. Lake Street Capital began coverage on Analog Devices in a research note on Friday, February 14th. They set a "buy" rating for the company. Maxim Group began coverage on Analog Devices in a research note on Friday, February 14th. They issued a "buy" rating for the company. Finally, Piper Sandler cut their target price on Analog Devices from $235.00 to $220.00 and set a "neutral" rating for the company in a research note on Wednesday, November 27th. Six analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $255.41.

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Analog Devices Stock Performance

Shares of ADI stock traded up $2.93 on Thursday, hitting $211.68. 2,513,688 shares of the stock were exchanged, compared to its average volume of 3,093,368. The company has a current ratio of 1.93, a quick ratio of 1.43 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $104.99 billion, a PE ratio of 67.41, a P/E/G ratio of 2.85 and a beta of 1.07. Analog Devices has a one year low of $182.57 and a one year high of $247.10. The firm's 50 day moving average is $218.09 and its two-hundred day moving average is $220.53.

Analog Devices announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 18th that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 9.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.99 per share. The ex-dividend date is Tuesday, March 4th. This is a positive change from Analog Devices's previous quarterly dividend of $0.92. This represents a $3.96 dividend on an annualized basis and a yield of 1.87%. Analog Devices's dividend payout ratio is presently 126.11%.

Insider Activity at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $215.49, for a total transaction of $2,154,900.00. Following the completion of the transaction, the chief executive officer now directly owns 21,983 shares of the company's stock, valued at approximately $4,737,116.67. This represents a 31.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.33% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Analog Devices

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of Hawaii raised its position in Analog Devices by 4.8% during the third quarter. Bank of Hawaii now owns 1,043 shares of the semiconductor company's stock valued at $240,000 after purchasing an additional 48 shares during the period. Midwest Professional Planners LTD. raised its holdings in shares of Analog Devices by 0.6% in the fourth quarter. Midwest Professional Planners LTD. now owns 9,296 shares of the semiconductor company's stock worth $1,975,000 after buying an additional 53 shares during the period. Portland Global Advisors LLC raised its holdings in shares of Analog Devices by 1.3% in the fourth quarter. Portland Global Advisors LLC now owns 4,014 shares of the semiconductor company's stock worth $853,000 after buying an additional 53 shares during the period. NTV Asset Management LLC raised its holdings in shares of Analog Devices by 2.7% in the fourth quarter. NTV Asset Management LLC now owns 2,063 shares of the semiconductor company's stock worth $438,000 after buying an additional 54 shares during the period. Finally, West Oak Capital LLC raised its holdings in shares of Analog Devices by 0.4% in the fourth quarter. West Oak Capital LLC now owns 12,509 shares of the semiconductor company's stock worth $2,658,000 after buying an additional 55 shares during the period. 86.81% of the stock is currently 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.