ProShare Advisors LLC Raises Stock Holdings in Skyworks Solutions, Inc. $SWKS

ProShare Advisors LLC boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 12.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 144,416 shares of the semiconductor manufacturer’s stock after purchasing an additional 16,529 shares during the quarter. ProShare Advisors LLC’s holdings in Skyworks Solutions were worth $10,762,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SWKS. Park Place Capital Corp grew its position in shares of Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Skyworks Solutions during the 2nd quarter valued at $28,000. Parkside Financial Bank & Trust boosted its stake in Skyworks Solutions by 98.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 217 shares during the last quarter. CVA Family Office LLC grew its holdings in Skyworks Solutions by 424.1% during the 2nd quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock worth $42,000 after acquiring an additional 458 shares in the last quarter. Finally, Spire Wealth Management increased its position in shares of Skyworks Solutions by 61.9% in the 2nd quarter. Spire Wealth Management now owns 612 shares of the semiconductor manufacturer’s stock worth $46,000 after purchasing an additional 234 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on SWKS shares. KeyCorp set a $105.00 price target on shares of Skyworks Solutions and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Loop Capital cut their price objective on Skyworks Solutions from $83.00 to $75.00 in a research note on Wednesday, November 5th. Morgan Stanley increased their target price on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Stifel Nicolaus set a $72.00 price target on Skyworks Solutions in a report on Wednesday, November 5th. Finally, Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $83.18.

Skyworks Solutions Stock Up 0.9%

Skyworks Solutions stock opened at $69.46 on Thursday. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $95.46. The stock has a market cap of $10.31 billion, a price-to-earnings ratio of 27.78 and a beta of 1.21. The company’s 50-day moving average price is $75.35 and its two-hundred day moving average price is $73.20. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $1.10 billion during the quarter. During the same quarter last year, the business earned $1.55 earnings per share. The company’s revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, November 18th. Skyworks Solutions’s payout ratio is currently 92.51%.

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.