New York State Teachers Retirement System Trims Stock Position in Skyworks Solutions, Inc. $SWKS

New York State Teachers Retirement System cut its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 0.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 122,926 shares of the semiconductor manufacturer’s stock after selling 399 shares during the period. New York State Teachers Retirement System’s holdings in Skyworks Solutions were worth $9,160,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pzena Investment Management LLC raised its holdings in shares of Skyworks Solutions by 57.3% in the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock valued at $909,714,000 after buying an additional 4,444,747 shares during the last quarter. Invesco Ltd. raised its holdings 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 valued at $267,675,000 after buying an additional 979,962 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Skyworks Solutions in the second quarter valued at about $67,841,000. AQR Capital Management LLC raised its holdings in shares of Skyworks Solutions by 89.3% in the first quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer’s stock valued at $76,416,000 after buying an additional 565,065 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings 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 valued at $355,922,000 after buying an additional 408,577 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Trading Up 1.1%

NASDAQ SWKS opened at $75.32 on Monday. The stock has a market capitalization of $11.18 billion, a P/E ratio of 30.13 and a beta of 1.20. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $99.27. The firm has a 50-day moving average price of $75.43 and a 200 day moving average price of $70.95. 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:SWKS) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. During the same period in the prior year, the business posted $1.21 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current 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 dividend of $0.71 per share. The ex-dividend date was Tuesday, August 26th. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.8%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 113.60%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. The Goldman Sachs Group initiated coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They issued a “sell” rating and a $70.00 target price for the company. UBS Group increased their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Susquehanna increased their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Finally, Mizuho increased their price target on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $71.87.

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.