Skyworks Solutions, Inc. $SWKS Shares Sold by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 40.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,270 shares of the semiconductor manufacturer’s stock after selling 109,457 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.11% of Skyworks Solutions worth $12,167,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Park Place Capital Corp increased its stake 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 valued at $28,000 after acquiring an additional 141 shares during the period. 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 purchasing an additional 217 shares in the last quarter. CVA Family Office LLC increased its position in shares of Skyworks Solutions by 424.1% during the 2nd quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock valued at $42,000 after purchasing an additional 458 shares during the period. Finally, Spire Wealth Management raised its stake 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 buying an additional 234 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Price Performance

SWKS stock opened at $69.46 on Thursday. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $95.46. The firm has a 50-day moving average of $75.35 and a two-hundred day moving average of $73.20. The firm has a market capitalization of $10.31 billion, a PE ratio of 27.78 and a beta of 1.21. 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:SWKSGet Free Report) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. The business had revenue of $1.10 billion for the quarter. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

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

Analyst Ratings Changes

SWKS has been the subject of several research reports. Susquehanna raised their target price on Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Cfra Research upgraded shares of Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Loop Capital dropped their target price on shares of Skyworks Solutions from $83.00 to $75.00 in a report on Wednesday, November 5th. JPMorgan Chase & Co. increased their target price on shares of Skyworks Solutions from $66.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Finally, KeyCorp set a $105.00 target price on shares of Skyworks Solutions and gave the stock an “overweight” rating in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $83.18.

Read Our Latest Stock Analysis on Skyworks Solutions

About Skyworks Solutions

(Free Report)

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.

Further Reading

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

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