Callan Family Office LLC Takes $308,000 Position in Skyworks Solutions, Inc. $SWKS

Callan Family Office LLC purchased a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,130 shares of the semiconductor manufacturer’s stock, valued at approximately $308,000.

Several other hedge funds also recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its position in shares of Skyworks Solutions by 20.9% in the first quarter. GAMMA Investing LLC now owns 3,947 shares of the semiconductor manufacturer’s stock worth $255,000 after acquiring an additional 682 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Skyworks Solutions by 30.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 28,790 shares of the semiconductor manufacturer’s stock worth $1,861,000 after acquiring an additional 6,713 shares during the period. State of Alaska Department of Revenue raised its position in shares of Skyworks Solutions by 173.7% in the first quarter. State of Alaska Department of Revenue now owns 49,828 shares of the semiconductor manufacturer’s stock worth $3,219,000 after acquiring an additional 31,620 shares during the period. Global X Japan Co. Ltd. raised its position in shares of Skyworks Solutions by 4.0% in the first quarter. Global X Japan Co. Ltd. now owns 14,042 shares of the semiconductor manufacturer’s stock worth $908,000 after acquiring an additional 540 shares during the period. Finally, Praxis Investment Management Inc. raised its position in shares of Skyworks Solutions by 205.2% in the first quarter. Praxis Investment Management Inc. now owns 7,020 shares of the semiconductor manufacturer’s stock worth $454,000 after acquiring an additional 4,720 shares during the period. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Price Performance

Shares of SWKS opened at $74.47 on Friday. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $99.73. The firm’s fifty day simple moving average is $75.35 and its 200-day simple moving average is $70.73. The firm has a market capitalization of $11.05 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 2.57 and a beta of 1.20. 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 announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. Skyworks Solutions’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the business earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s payout ratio is currently 113.60%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SWKS. Citigroup upped their price target on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. The Goldman Sachs Group began coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They set a “sell” rating and a $70.00 price target for the company. Susquehanna upped their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Finally, Loop Capital upped their price target on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $71.87.

View Our Latest Research Report on SWKS

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.

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

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