Swiss Life Asset Management Ltd grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 381.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,931 shares of the semiconductor manufacturer’s stock after buying an additional 114,015 shares during the period. Swiss Life Asset Management Ltd owned 0.10% of Skyworks Solutions worth $9,127,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. lifted its position in shares of Skyworks Solutions by 488.6% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 342 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Skyworks Solutions during the 2nd quarter worth approximately $32,000. MUFG Securities EMEA plc acquired a new stake in Skyworks Solutions during the 2nd quarter worth approximately $33,000. Root Financial Partners LLC acquired a new stake in Skyworks Solutions during the 3rd quarter worth approximately $36,000. Finally, Sound Income Strategies LLC lifted its holdings in Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
SWKS has been the subject of several research reports. Argus raised Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. KeyCorp lifted their price target on Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Craig Hallum lifted their price target on Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. Loop Capital lifted their price target on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Finally, TD Cowen lifted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $76.61.
Skyworks Solutions Price Performance
Shares of NASDAQ SWKS opened at $66.31 on Wednesday. The stock has a market capitalization of $9.97 billion, a PE ratio of 27.51 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. The business has a fifty day moving average price of $58.29 and a two-hundred day moving average price of $62.26. Skyworks Solutions, Inc. has a fifty-two week low of $51.93 and a fifty-two week high of $90.90.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.11. The firm had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, equities analysts predict that Skyworks Solutions, Inc. will post 3.38 earnings per share for the current fiscal year.
Skyworks Solutions Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 4.3%. Skyworks Solutions’s payout ratio is currently 117.84%.
Skyworks Solutions Company Profile
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.
Further Reading
- Five stocks we like better than Skyworks Solutions
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
