Optas LLC Takes $281,000 Position in Skyworks Solutions, Inc. $SWKS

Optas LLC acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,775 shares of the semiconductor manufacturer’s stock, valued at approximately $281,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its stake in shares of Skyworks Solutions by 9.1% in the first quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock valued at $13,152,000 after buying an additional 16,965 shares in the last quarter. Perigon Wealth Management LLC grew its stake in shares of Skyworks Solutions by 30.6% in the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock valued at $255,000 after buying an additional 927 shares in the last quarter. Teacher Retirement System of Texas bought a new position in shares of Skyworks Solutions in the first quarter valued at $1,511,000. Envestnet Asset Management Inc. grew its stake in shares of Skyworks Solutions by 91.5% in the first quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock valued at $30,690,000 after buying an additional 226,938 shares in the last quarter. Finally, HB Wealth Management LLC bought a new position in shares of Skyworks Solutions in the second quarter valued at $442,000. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Price Performance

Shares of SWKS opened at $73.64 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The company’s 50-day moving average is $74.86 and its 200-day moving average is $70.50. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $101.50. The firm has a market capitalization of $10.93 billion, a PE ratio of 29.46, a PEG ratio of 2.63 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same period in the prior year, the company posted $1.21 earnings per share. Skyworks Solutions’s revenue was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 3.9%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is currently 113.60%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SWKS. Susquehanna raised their target price on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Mizuho lifted their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 1st. Citigroup increased their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the company a “sell” rating in a research report on Wednesday, August 6th. UBS Group increased their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, July 21st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $72.87.

Skyworks Solutions Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.