Skyworks Solutions, Inc. $SWKS Shares Bought by Pinnacle West Asset Management Inc.

Pinnacle West Asset Management Inc. raised its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 6.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,790 shares of the semiconductor manufacturer’s stock after acquiring an additional 225 shares during the quarter. Pinnacle West Asset Management Inc.’s holdings in Skyworks Solutions were worth $282,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SWKS. Park Place Capital Corp increased its position in shares of Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 141 shares in the last quarter. Horizon Investments LLC increased its position in shares of Skyworks Solutions by 2.8% in the first quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer’s stock valued at $349,000 after buying an additional 146 shares in the last quarter. Keeley Teton Advisors LLC increased its position in shares of Skyworks Solutions by 1.1% in the first quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer’s stock valued at $1,096,000 after buying an additional 178 shares in the last quarter. Ridgewood Investments LLC increased its position in shares of Skyworks Solutions by 27.9% in the first quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer’s stock valued at $56,000 after buying an additional 188 shares in the last quarter. Finally, Inspire Advisors LLC increased its position in shares of Skyworks Solutions by 1.3% in the first quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer’s stock valued at $952,000 after buying an additional 194 shares in the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Stock Down 6.1%

NASDAQ SWKS opened at $69.16 on Friday. The business has a fifty day moving average price of $74.89 and a 200 day moving average price of $70.51. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $101.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The company has a market cap of $10.27 billion, a P/E ratio of 27.66, a P/E/G ratio of 2.55 and a beta of 1.20.

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

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 4.1%. The ex-dividend date was Tuesday, August 26th. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is currently 113.60%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SWKS shares. Arete Research upgraded Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. Weiss Ratings restated a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday. UBS Group boosted their price objective on Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, July 21st. Wall Street Zen upgraded Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, The Goldman Sachs Group started coverage on Skyworks Solutions in a research note on Thursday, July 10th. They issued a “sell” rating and a $70.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Skyworks Solutions has an average rating of “Reduce” and an average target price of $72.87.

Skyworks Solutions Company 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.