Eurizon Capital SGR S.p.A. Buys New Holdings in Skyworks Solutions, Inc. $SWKS

Eurizon Capital SGR S.p.A. bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) during the fourth quarter, Holdings Channel reports. The fund bought 440,768 shares of the semiconductor manufacturer’s stock, valued at approximately $27,949,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SWKS. Vanguard Group Inc. boosted its holdings in Skyworks Solutions by 4.9% in the third quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock valued at $1,594,620,000 after acquiring an additional 958,768 shares during the last quarter. Marshall Wace LLP boosted its holdings in Skyworks Solutions by 391.3% in the third quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock valued at $41,401,000 after acquiring an additional 722,414 shares during the last quarter. Rafferty Asset Management LLC boosted its holdings in Skyworks Solutions by 52.1% in the second quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer’s stock valued at $150,847,000 after acquiring an additional 693,379 shares during the last quarter. Two Sigma Investments LP boosted its holdings in Skyworks Solutions by 92.4% in the third quarter. Two Sigma Investments LP now owns 1,358,259 shares of the semiconductor manufacturer’s stock valued at $104,559,000 after acquiring an additional 652,406 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC acquired a new position in Skyworks Solutions in the second quarter valued at $48,434,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on SWKS shares. Argus upgraded Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. Zacks Research cut Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Citigroup lifted their target price on Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Craig Hallum lifted their target price on Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. Finally, Mizuho reiterated an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $76.61.

Get Our Latest Research Report on SWKS

Skyworks Solutions Trading Down 4.4%

Shares of SWKS opened at $77.85 on Friday. The stock’s 50-day moving average is $63.42 and its two-hundred day moving average is $62.35. The stock has a market cap of $11.71 billion, a PE ratio of 32.30 and a beta of 1.48. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The firm’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities analysts forecast that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently disclosed 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. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s payout ratio is currently 117.84%.

Skyworks Solutions Profile

(Free Report)

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.

Further Reading

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

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