Frank Rimerman Advisors LLC Increases Holdings in Skyworks Solutions, Inc. $SWKS

Frank Rimerman Advisors LLC lifted its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 122.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,701 shares of the semiconductor manufacturer’s stock after buying an additional 7,554 shares during the period. Frank Rimerman Advisors LLC’s holdings in Skyworks Solutions were worth $1,021,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Park Place Capital Corp grew its position in 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 grew its holdings in Skyworks Solutions by 2.8% during 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 in the last quarter. Keeley Teton Advisors LLC grew its holdings in Skyworks Solutions by 1.1% during the 1st quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer’s stock valued at $1,096,000 after purchasing an additional 178 shares in the last quarter. Ridgewood Investments LLC increased its stake in 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 buying an additional 188 shares during the period. Finally, Inspire Advisors LLC lifted its holdings in Skyworks Solutions by 1.3% in the 1st quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer’s stock worth $952,000 after buying an additional 194 shares in the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Price Performance

NASDAQ SWKS opened at $62.32 on Wednesday. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $95.46. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The stock has a market cap of $9.27 billion, a price-to-earnings ratio of 24.93 and a beta of 1.21. The company has a 50-day moving average price of $74.54 and a two-hundred day moving average price of $73.30.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $1.10 billion for the quarter. During the same period last year, the firm posted $1.55 EPS. The business’s quarterly revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.6%. Skyworks Solutions’s dividend payout ratio is presently 92.51%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SWKS shares. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday, October 8th. KeyCorp set a $105.00 price objective on shares of Skyworks Solutions and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Stifel Nicolaus set a $72.00 target price on Skyworks Solutions in a research note on Wednesday, November 5th. Finally, Cfra set a $90.00 target price on Skyworks Solutions in a report on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $83.18.

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.