Ossiam raised its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 814.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 242,440 shares of the semiconductor manufacturer’s stock after buying an additional 215,929 shares during the period. Ossiam owned about 0.16% of Skyworks Solutions worth $18,067,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Skyworks Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer’s stock valued at $1,340,393,000 after acquiring an additional 397,638 shares in the last quarter. Pzena Investment Management LLC boosted its stake in Skyworks Solutions by 57.3% during the 2nd quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock valued at $909,714,000 after purchasing an additional 4,444,747 shares during the period. Invesco Ltd. boosted its position in shares of Skyworks Solutions by 1.7% in the second quarter. Invesco Ltd. now owns 4,212,897 shares of the semiconductor manufacturer’s stock valued at $313,945,000 after acquiring an additional 71,238 shares during the period. Northern Trust Corp increased its position in Skyworks Solutions by 7.8% during the first quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer’s stock worth $160,729,000 after acquiring an additional 179,663 shares during the period. Finally, Norges Bank acquired a new stake in Skyworks Solutions in the 2nd quarter worth $140,807,000. 85.43% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value of $307,974.60. Following the transaction, the senior vice president directly owned 19,824 shares in the company, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the sale, the executive vice president owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Skyworks Solutions
Skyworks Solutions Stock Up 0.4%
NASDAQ SWKS opened at $69.32 on Monday. The stock’s 50 day simple moving average is $71.47 and its 200 day simple moving average is $72.85. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $95.46. The firm has a market cap of $10.31 billion, a PE ratio of 22.58 and a beta of 1.31. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company had revenue of $1.10 billion for the quarter. During the same period in the prior year, the firm posted $1.55 EPS. Skyworks Solutions’s revenue for the quarter was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, sell-side analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.
Skyworks Solutions Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.1%. Skyworks Solutions’s payout ratio is currently 92.51%.
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.
Featured Articles
- Five stocks we like better than Skyworks Solutions
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast
- Asset Allocation Strategies in Volatile Markets
- Five Below and Dollar Tree Earnings Signal a Shopper Shift
- Options Trading – Understanding Strike Price
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
Want to see what other hedge funds are holding SWKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report).
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.
