IFC Advisors LLC trimmed its position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,155 shares of the semiconductor company’s stock after selling 193 shares during the period. IFC Advisors LLC’s holdings in Analog Devices were worth $2,179,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. RMG Wealth Management LLC bought a new stake in shares of Analog Devices during the 2nd quarter valued at $26,000. Activest Wealth Management grew its stake in Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in Analog Devices during the first quarter valued at $27,000. N.E.W. Advisory Services LLC purchased a new position in Analog Devices during the first quarter valued at $33,000. Finally, North Capital Inc. purchased a new position in Analog Devices during the first quarter valued at $36,000. 86.81% of the stock is currently owned by institutional investors.
Insider Activity at Analog Devices
In related news, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director owned 5,118 shares in the company, valued at $1,242,343.32. This trade represents a 16.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at $3,360,558.47. The trade was a 15.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,240 shares of company stock worth $12,980,578 over the last ninety days. 0.33% of the stock is currently owned by company insiders.
Analog Devices Price Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $2.76 billion. During the same period in the previous year, the company earned $1.58 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on ADI shares. UBS Group cut their target price on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a research note on Monday, July 7th. Piper Sandler raised their target price on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a research note on Thursday, August 21st. Truist Financial lifted their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research note on Thursday, August 21st. KeyCorp lifted their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Stifel Nicolaus lifted their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average target price of $275.29.
Check Out Our Latest Analysis on ADI
Analog Devices 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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