Wincap Financial LLC grew its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 20.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,921 shares of the semiconductor manufacturer’s stock after buying an additional 1,834 shares during the period. Wincap Financial LLC’s holdings in Skyworks Solutions were worth $814,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Park Place Capital Corp grew its stake in shares of Skyworks Solutions by 62.1% in 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 in the last quarter. Horizon Investments LLC boosted its holdings in Skyworks Solutions by 2.8% in the 1st quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer’s stock valued at $349,000 after purchasing an additional 146 shares during the period. Keeley Teton Advisors LLC grew its position in shares of Skyworks Solutions by 1.1% during the 1st quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer’s stock worth $1,096,000 after purchasing an additional 178 shares in the last quarter. Ridgewood Investments LLC grew its position in shares of Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer’s stock worth $56,000 after purchasing an additional 188 shares in the last quarter. Finally, Inspire Advisors LLC increased its holdings in shares of Skyworks Solutions by 1.3% during the first quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer’s stock worth $952,000 after purchasing an additional 194 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on SWKS shares. UBS Group increased their price target on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Citigroup increased their target price on 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 Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Loop Capital upped their price objective on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, October 16th. Finally, Cfra Research raised shares of Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $70.87.
Skyworks Solutions Stock Performance
NASDAQ:SWKS opened at $75.84 on Tuesday. 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. The stock’s 50-day simple moving average is $75.68 and its 200 day simple moving average is $71.83. The firm has a market capitalization of $11.26 billion, a PE ratio of 30.34 and a beta of 1.20.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $965.00 million during 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 business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.
Skyworks Solutions Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were given a $0.71 dividend. 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 3.7%. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio (DPR) is 113.60%.
Skyworks Solutions Company 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.
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