Vontobel Holding Ltd. Decreases Stock Holdings in Skyworks Solutions, Inc. $SWKS

Vontobel Holding Ltd. reduced its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 13.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,498 shares of the semiconductor manufacturer’s stock after selling 2,799 shares during the quarter. Vontobel Holding Ltd.’s holdings in Skyworks Solutions were worth $1,304,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SWKS. Pzena Investment Management LLC grew its stake in Skyworks Solutions by 37.9% during the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer’s stock worth $501,716,000 after buying an additional 2,132,847 shares during the period. Invesco Ltd. grew its stake in Skyworks Solutions by 31.0% during 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 during the period. Kingstone Capital Partners Texas LLC purchased a new stake in Skyworks Solutions during the second quarter worth approximately $67,841,000. AQR Capital Management LLC grew its stake in Skyworks Solutions by 89.3% during the first quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer’s stock worth $76,416,000 after buying an additional 565,065 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Skyworks Solutions by 8.0% during 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 during the period. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SWKS has been the subject of several research reports. Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. Susquehanna upped their target price on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. UBS Group upped their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Mizuho upped their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Skyworks Solutions presently has a consensus rating of “Reduce” and an average price target of $72.87.

Read Our Latest Stock Report on Skyworks Solutions

Skyworks Solutions Trading Down 6.1%

SWKS opened at $69.16 on Monday. The stock has a market capitalization of $10.27 billion, a PE ratio of 27.66, a P/E/G ratio of 2.39 and a beta of 1.20. The firm’s fifty day moving average price is $74.89 and its 200 day moving average price is $70.56. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $101.50.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last posted its quarterly earnings results 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. The firm had revenue of $965.00 million for 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 firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were issued a $0.71 dividend. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is currently 113.60%.

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

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

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