FORA Capital LLC Sells 1,935 Shares of Analog Devices, Inc. $ADI

Key Points

• FORA Capital LLC reduced its stake in Analog Devices by 19.7%, now holding 7,886 shares valued at approximately $1.59 million.
• Analog Devices reported earnings of $2.05 per share for the last quarter, exceeding analyst estimates of $1.95, with revenues reaching $2.88 billion, a 24.6% increase year-over-year.
• The company announced a quarterly dividend of $0.99, representing a 1.5% yield, though its payout ratio stands at 101.02%.

FORA Capital LLC cut its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 19.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,886 shares of the semiconductor company's stock after selling 1,935 shares during the period. FORA Capital LLC's holdings in Analog Devices were worth $1,590,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ADI. China Universal Asset Management Co. Ltd. grew its position in shares of Analog Devices by 284.4% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock worth $6,262,000 after buying an additional 22,973 shares during the period. Freestone Grove Partners LP acquired a new position in Analog Devices during the fourth quarter valued at approximately $10,212,000. Sowell Financial Services LLC bought a new stake in Analog Devices in the first quarter valued at approximately $296,000. Keybank National Association OH increased its stake in Analog Devices by 85.8% in the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock valued at $5,461,000 after purchasing an additional 12,505 shares in the last quarter. Finally, Eastern Bank raised its holdings in Analog Devices by 6.0% in the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after purchasing an additional 11,101 shares during the period. Institutional investors own 86.81% of the company's stock.

Analog Devices Stock Down 1.2%

NASDAQ ADI traded down $2.94 during trading on Monday, hitting $251.31. The stock had a trading volume of 3,598,994 shares, compared to its average volume of 3,942,367. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The company's 50-day moving average price is $237.29 and its two-hundred day moving average price is $219.17. The company has a market capitalization of $123.63 billion, a PE ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm's revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Analog Devices's dividend payout ratio is presently 101.02%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ADI shares. Noble Financial raised shares of Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. UBS Group decreased their target price on Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research note on Monday, July 7th. Stifel Nicolaus increased their price target on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Cantor Fitzgerald upgraded Analog Devices from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $250.00 to $270.00 in a report on Wednesday, June 18th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Analog Devices in a research note on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Analog Devices has an average rating of "Moderate Buy" and an average target price of $273.53.

Insider Activity at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the transaction, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the sale, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,615 shares of company stock valued at $6,450,988. Insiders own 0.33% of the company's stock.

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.