Hennion & Walsh Asset Management Inc. Has $15.71 Million Holdings in Analog Devices, Inc. $ADI

Hennion & Walsh Asset Management Inc. lifted its position in Analog Devices, Inc. (NASDAQ:ADI) by 6.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,927 shares of the semiconductor company’s stock after buying an additional 3,683 shares during the quarter. Analog Devices comprises approximately 0.5% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 29th biggest position. Hennion & Walsh Asset Management Inc.’s holdings in Analog Devices were worth $15,710,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Analog Devices by 0.3% in the third quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company’s stock valued at $12,380,652,000 after acquiring an additional 162,075 shares during the last quarter. State Street Corp increased its stake in shares of Analog Devices by 0.4% during the 3rd quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company’s stock worth $5,749,146,000 after purchasing an additional 81,790 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Analog Devices by 6.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,326,772 shares of the semiconductor company’s stock valued at $1,506,448,000 after purchasing an additional 375,207 shares during the period. Amundi raised its holdings in shares of Analog Devices by 44.8% in the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock valued at $1,507,740,000 after purchasing an additional 1,922,302 shares during the period. Finally, Van ECK Associates Corp lifted its stake in Analog Devices by 10.1% in the 3rd quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company’s stock valued at $1,446,262,000 after purchasing an additional 541,760 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $307.44 on Monday. The firm has a market cap of $150.09 billion, a P/E ratio of 56.20, a price-to-earnings-growth ratio of 1.41 and a beta of 1.00. The business’s 50 day moving average is $323.94 and its 200-day moving average is $280.02. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $363.20.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the company posted $1.63 EPS. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, March 3rd. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ADI. TD Cowen reissued a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. JPMorgan Chase & Co. raised their price objective on Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Needham & Company LLC upgraded Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price for the company in a research note on Thursday, February 19th. Bank of America boosted their target price on Analog Devices from $320.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Finally, Oppenheimer restated an “outperform” rating and issued a $400.00 price target (up from $350.00) on shares of Analog Devices in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $366.96.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total value of $991,562.50. Following the completion of the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. The trade was a 2.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the transaction, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 41,449 shares of company stock valued at $12,336,069 in the last three months. Insiders own 0.36% of the company’s stock.

Analog Devices Company Profile

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.