VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Skyworks Solutions, Inc. $SWKS

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 14,500 shares of the semiconductor manufacturer’s stock, valued at approximately $1,081,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SWKS. Pzena Investment Management LLC raised its holdings 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 worth $909,714,000 after purchasing an additional 4,444,747 shares during the last quarter. Invesco Ltd. raised its holdings in Skyworks Solutions by 31.0% during the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock worth $267,675,000 after purchasing an additional 979,962 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in Skyworks Solutions during the 2nd quarter worth about $67,841,000. AQR Capital Management LLC raised its holdings in Skyworks Solutions by 89.3% during the 1st quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer’s stock worth $76,416,000 after purchasing an additional 565,065 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after purchasing an additional 408,577 shares during the last quarter. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Price Performance

Shares of SWKS opened at $75.78 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The stock has a 50 day simple moving average of $75.66 and a 200 day simple moving average of $71.32. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $98.34. The firm has a market capitalization of $11.25 billion, a PE ratio of 30.31 and a beta of 1.20.

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

Skyworks Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were given a dividend of $0.71 per share. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a yield of 3.7%. Skyworks Solutions’s payout ratio is currently 113.60%.

Analyst Ratings Changes

Several brokerages have weighed in on SWKS. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Mizuho cut Skyworks Solutions from a “neutral” rating to an “underperform” rating and set a $60.00 price target for the company. in a research note on Monday. UBS Group upped their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. The Goldman Sachs Group started coverage on Skyworks Solutions in a research note on Thursday, July 10th. They issued a “sell” rating and a $70.00 price target for the company. Finally, Arete Research raised Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $70.87.

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.