Hennion & Walsh Asset Management Inc. Sells 2,883 Shares of Analog Devices, Inc. $ADI

Hennion & Walsh Asset Management Inc. reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by 5.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 54,099 shares of the semiconductor company’s stock after selling 2,883 shares during the quarter. Analog Devices accounts for approximately 0.6% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 26th largest holding. Hennion & Walsh Asset Management Inc.’s holdings in Analog Devices were worth $21,486,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in ADI. Sunburst Financial Group LLC increased its holdings in Analog Devices by 25.7% during the second quarter. Sunburst Financial Group LLC now owns 1,571 shares of the semiconductor company’s stock worth $624,000 after buying an additional 321 shares during the last quarter. Valeo Financial Advisors LLC raised its position in Analog Devices by 30.6% in the second quarter. Valeo Financial Advisors LLC now owns 5,503 shares of the semiconductor company’s stock worth $2,186,000 after acquiring an additional 1,289 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Analog Devices by 17.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,097 shares of the semiconductor company’s stock valued at $1,627,000 after acquiring an additional 609 shares during the last quarter. Cooper Financial Group boosted its stake in Analog Devices by 77.5% in the second quarter. Cooper Financial Group now owns 3,702 shares of the semiconductor company’s stock valued at $1,470,000 after acquiring an additional 1,616 shares during the last quarter. Finally, RVW Wealth LLC bought a new position in shares of Analog Devices during the 2nd quarter valued at approximately $237,000. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In other news, CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the sale, the senior vice president owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,274 shares of company stock valued at $42,247,986 in the last ninety days. 0.36% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ADI. Citigroup raised their price target on shares of Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Weiss Ratings lowered Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Barclays raised their target price on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Argus set a $460.00 target price on Analog Devices in a research note on Tuesday, May 26th. Finally, Evercore reaffirmed an “outperform” rating and set a $474.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.

Analog Devices Stock Performance

NASDAQ ADI opened at $389.93 on Friday. The firm has a market cap of $189.93 billion, a P/E ratio of 57.94, a price-to-earnings-growth ratio of 1.01 and a beta of 1.20. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $394.59 and its 200-day moving average is $365.96. Analog Devices, Inc. has a 12-month low of $221.15 and a 12-month high of $445.91.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same period last year, the firm earned $1.85 EPS. Analog Devices’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

More Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Renewed optimism about artificial-intelligence demand is supporting semiconductor stocks, including analog-chip makers such as ADI. Industry sales growth and expectations for continued chip demand are providing a favorable environment for the shares. Semiconductor Sales Continue to Grow on AI Optimism
• Positive Sentiment: Wall Street’s average brokerage recommendation for Analog Devices is equivalent to a Buy. The company’s latest quarter also exceeded expectations, with earnings per share of $3.09 versus the $2.89 consensus and revenue of $3.62 billion versus $3.51 billion. Revenue rose 37.2% year over year, while fiscal third-quarter EPS guidance is $3.15 to $3.45. Analog Devices Is Considered a Good Investment by Brokers
• Neutral Sentiment: Director Ray Stata sold 1,416 ADI shares for approximately $534,000, reducing his direct ownership by 1.22%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, making it a limited signal about management’s current outlook. Analog Devices Director Insider Sale
• Negative Sentiment: CEO Vincent Roche reportedly sold 10,000 shares for $3.63 million, reducing his direct ownership by 6.78%. Although the sale was also made under a 10b5-1 plan and may reflect scheduled diversification rather than weakening confidence, sizeable insider selling could create some investor caution. Analog Devices CEO Insider Sale
• Negative Sentiment: ADI remains richly valued, trading at roughly 58 times earnings based on the provided data. That valuation leaves the stock sensitive to any slowdown in AI-related demand, weaker guidance or disappointment in future earnings growth. Analog Devices Broker Recommendations

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.