IFM Investors Pty Ltd Has $23.26 Million Holdings in Analog Devices, Inc. $ADI

Key Points

• IFM Investors Pty Ltd increased its holdings in Analog Devices, Inc. by 5.4% during Q2, now owning 97,734 shares valued at $23.26 million.
• The company's recent quarterly earnings report showed $2.05 EPS, exceeding analysts' estimates and marking a 24.6% year-over-year revenue increase.
• Analog Devices declared a quarterly dividend of $0.99 per share with a yield of 1.6%, although its payout ratio stands at 101.02%.

IFM Investors Pty Ltd grew its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 5.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,734 shares of the semiconductor company's stock after purchasing an additional 5,041 shares during the period. IFM Investors Pty Ltd's holdings in Analog Devices were worth $23,263,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. increased its position in Analog Devices by 284.4% in 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. Sowell Financial Services LLC bought a new stake in Analog Devices in the first quarter valued at about $296,000. Keybank National Association OH increased its holdings 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 during the last quarter. Eastern Bank increased its holdings in shares of 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 acquiring an additional 11,101 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of Analog Devices by 4.3% in the first quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company's stock worth $1,224,000 after acquiring an additional 251 shares in the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Stock Up 1.1%

Shares of Analog Devices stock opened at $249.05 on Friday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. 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 stock's 50-day moving average is $239.17 and its 200 day moving average is $220.95. The firm has a market cap of $122.52 billion, a price-to-earnings ratio of 63.53, a PEG ratio of 2.08 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the prior year, the business earned $1.58 EPS. The firm's revenue for the quarter was up 24.6% on a year-over-year basis. 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 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's dividend payout ratio (DPR) is presently 101.02%.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was 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 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 SEC, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total value of $747,593.75. Following the sale, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,115 shares of company stock valued at $9,529,113 in the last three months. 0.33% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. The Goldman Sachs Group assumed coverage on Analog Devices in a report on Thursday, July 10th. They issued a "buy" rating and a $285.00 price target for the company. Evercore ISI upped their price objective on Analog Devices from $280.00 to $303.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Zacks Research raised Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Benchmark upped their price objective on Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, Noble Financial raised Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Analog Devices has a consensus rating of "Moderate Buy" and a consensus target price of $273.53.

About Analog Devices

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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