IFC Advisors LLC Sells 193 Shares of Analog Devices, Inc. $ADI

IFC Advisors LLC lowered its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 2.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 9,155 shares of the semiconductor company’s stock after selling 193 shares during the quarter. IFC Advisors LLC’s holdings in Analog Devices were worth $2,179,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. RMG Wealth Management LLC bought a new stake in shares of Analog Devices in the 2nd quarter valued at about $26,000. Activest Wealth Management grew its position in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after buying an additional 127 shares during the last quarter. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices in the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC purchased a new position in shares of Analog Devices in the 1st quarter worth approximately $33,000. Finally, North Capital Inc. purchased a new position in shares of Analog Devices in the 1st quarter worth approximately $36,000. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Up 4.1%

ADI stock opened at $234.67 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The firm’s fifty day simple moving average is $241.91 and its 200-day simple moving average is $224.55. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The company has a market capitalization of $115.45 billion, a P/E ratio of 59.86, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business posted $1.58 EPS. The business’s revenue 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. As a group, equities research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s payout ratio is currently 101.02%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ADI. Piper Sandler lifted their price objective on shares of Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. Evercore ISI boosted their target price on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Wells Fargo & Company boosted their target price on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. KeyCorp boosted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Morgan Stanley boosted their target price on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $275.29.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the transaction, the senior vice president directly owned 63,048 shares in the company, valued at approximately $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares of the company’s stock, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,240 shares of company stock worth $12,980,578. Insiders own 0.33% of the company’s stock.

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.