GSA Capital Partners LLP grew its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 111.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,866 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,321 shares during the period. GSA Capital Partners LLP’s holdings in Skyworks Solutions were worth $879,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. AE Wealth Management LLC raised its holdings in shares of Skyworks Solutions by 7.8% during the third quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock worth $14,898,000 after purchasing an additional 14,007 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Skyworks Solutions by 2.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,163,728 shares of the semiconductor manufacturer’s stock worth $89,584,000 after acquiring an additional 29,444 shares during the period. Y Intercept Hong Kong Ltd lifted its position in Skyworks Solutions by 102.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock valued at $6,141,000 after purchasing an additional 40,390 shares during the last quarter. LSV Asset Management lifted its position in Skyworks Solutions by 13.9% in the 3rd quarter. LSV Asset Management now owns 1,909,536 shares of the semiconductor manufacturer’s stock valued at $146,996,000 after purchasing an additional 233,066 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its stake in Skyworks Solutions by 1,718.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,830 shares of the semiconductor manufacturer’s stock valued at $7,980,000 after purchasing an additional 118,909 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on SWKS shares. KeyCorp boosted their target price on shares of Skyworks Solutions from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Citigroup boosted their target price on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Stifel Nicolaus boosted their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Craig Hallum boosted their target price on shares of Skyworks Solutions from $75.00 to $85.00 in a research note on Wednesday, May 6th. Finally, Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Skyworks Solutions presently has a consensus rating of “Hold” and an average price target of $76.61.
Skyworks Solutions Trading Up 12.1%
Skyworks Solutions stock opened at $82.42 on Friday. The firm has a 50-day moving average price of $60.78 and a two-hundred day moving average price of $62.06. The firm has a market capitalization of $12.40 billion, a price-to-earnings ratio of 34.20 and a beta of 1.48. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52-week low of $51.93 and a 52-week high of $90.90.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, beating the consensus estimate of $1.04 by $0.11. The firm had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. Skyworks Solutions’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the company earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side analysts expect that Skyworks Solutions, Inc. will post 3.55 earnings per share for the current year.
Skyworks Solutions Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 3.4%. Skyworks Solutions’s dividend payout ratio (DPR) is presently 117.84%.
Skyworks Solutions Company Profile
Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.
Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.
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