Vest Financial LLC Has $1.39 Million Stock Holdings in Skyworks Solutions, Inc. $SWKS

Vest Financial LLC grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 81.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,927 shares of the semiconductor manufacturer’s stock after buying an additional 9,829 shares during the quarter. Vest Financial LLC’s holdings in Skyworks Solutions were worth $1,390,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after buying an additional 389,168 shares during the period. Pzena Investment Management LLC lifted its position in shares of Skyworks Solutions by 0.5% during the 3rd quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer’s stock worth $944,711,000 after buying an additional 64,519 shares during the period. Invesco Ltd. lifted its position in shares of Skyworks Solutions by 4.0% during the 3rd quarter. Invesco Ltd. now owns 4,381,560 shares of the semiconductor manufacturer’s stock worth $337,292,000 after buying an additional 168,663 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Skyworks Solutions by 14.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer’s stock worth $241,829,000 after buying an additional 397,287 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Skyworks Solutions by 26.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer’s stock worth $158,295,000 after buying an additional 436,373 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SWKS shares. Royal Bank Of Canada began coverage on Skyworks Solutions in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $65.00 target price for the company. Loop Capital cut their price target on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday, January 2nd. BNP Paribas Exane cut their price target on shares of Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 21st. Zacks Research downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Finally, Barclays raised shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $60.00 to $70.00 in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Skyworks Solutions has an average rating of “Hold” and an average target price of $70.28.

Check Out Our Latest Stock Report on SWKS

Skyworks Solutions Trading Up 12.0%

Shares of NASDAQ SWKS opened at $70.17 on Friday. Skyworks Solutions, Inc. has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a market cap of $10.55 billion, a PE ratio of 26.99 and a beta of 1.30. The company has a current ratio of 2.40, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average of $57.35 and a two-hundred day moving average of $62.72.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. During the same period in the previous year, the firm posted $1.60 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, equities analysts expect that Skyworks Solutions, Inc. will post 3.25 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th were paid a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.0%. Skyworks Solutions’s payout ratio is currently 109.23%.

About Skyworks Solutions

(Free Report)

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.

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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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