TFG Advisers LLC Lowers Holdings in Skyworks Solutions, Inc. $SWKS

TFG Advisers LLC trimmed its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 13.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,311 shares of the semiconductor manufacturer’s stock after selling 986 shares during the period. TFG Advisers LLC’s holdings in Skyworks Solutions were worth $470,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Skyworks Solutions by 2.0% in the first 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 lifted its position in shares of Skyworks Solutions by 37.9% in the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer’s stock valued at $501,716,000 after acquiring an additional 2,132,847 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Skyworks Solutions by 8.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after buying an additional 408,577 shares in the last quarter. Invesco Ltd. lifted its position in shares of Skyworks Solutions by 31.0% in the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock worth $267,675,000 after buying an additional 979,962 shares in the last quarter. Finally, Northern Trust Corp increased its stake 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 last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Down 0.8%

Shares of NASDAQ:SWKS opened at $76.34 on Thursday. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $101.50. The stock has a market cap of $11.33 billion, a P/E ratio of 30.54, a price-to-earnings-growth ratio of 1.72 and a beta of 1.20. The business’s 50 day moving average is $74.29 and its 200 day moving average is $70.23. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.Skyworks Solutions’s revenue was up 6.6% on a year-over-year basis. 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. Sell-side analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a dividend of $0.71 per share. The ex-dividend date was Tuesday, August 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.7%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is currently 113.60%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on SWKS. Wall Street Zen cut Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Monday, September 8th. Citigroup boosted their price objective on Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research note on Wednesday, August 6th. Cfra Research raised Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. Susquehanna upped 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. Finally, UBS Group upped their target price on Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $72.87.

Get Our Latest Research Report on Skyworks Solutions

Skyworks Solutions Profile

(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.

See Also

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

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.