Cullen Frost Bankers Inc. Has $248,000 Stake in Skyworks Solutions, Inc. $SWKS

Cullen Frost Bankers Inc. boosted its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 44.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,327 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,023 shares during the period. Cullen Frost Bankers Inc.’s holdings in Skyworks Solutions were worth $248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its position in Skyworks Solutions by 9.1% during the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock worth $13,152,000 after acquiring an additional 16,965 shares during the last quarter. Perigon Wealth Management LLC lifted its position in Skyworks Solutions by 30.6% during the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock worth $255,000 after acquiring an additional 927 shares during the last quarter. Teacher Retirement System of Texas bought a new position in shares of Skyworks Solutions during the 1st quarter worth about $1,511,000. Envestnet Asset Management Inc. increased its holdings in shares of Skyworks Solutions by 91.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock worth $30,690,000 after purchasing an additional 226,938 shares during the period. Finally, HB Wealth Management LLC bought a new position in shares of Skyworks Solutions during the 2nd quarter worth about $442,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SWKS. Citigroup boosted their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Susquehanna boosted their price objective on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Finally, Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $70.87.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $74.04 on Friday. The stock has a market cap of $10.99 billion, a P/E ratio of 29.62 and a beta of 1.20. The company’s 50-day simple moving average is $75.65 and its 200 day simple moving average is $71.49. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $98.34. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09.

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

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were paid a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, August 26th. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. Skyworks Solutions’s payout ratio is presently 113.60%.

About Skyworks Solutions

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.