Capital Research Global Investors Acquires New Holdings in Skyworks Solutions, Inc. $SWKS

Capital Research Global Investors acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,612,979 shares of the semiconductor manufacturer’s stock, valued at approximately $102,279,000.

Several other large investors have also recently modified their holdings of SWKS. United Services Automobile Association bought a new position in shares of Skyworks Solutions during the first quarter valued at $236,000. Focus Partners Wealth raised its stake in shares of Skyworks Solutions by 99.0% during the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after acquiring an additional 4,702 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Skyworks Solutions by 137.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock valued at $171,000 after acquiring an additional 1,330 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in shares of Skyworks Solutions during the second quarter valued at $259,000. Finally, Gabelli Funds LLC bought a new position in shares of Skyworks Solutions during the second quarter valued at $1,004,000. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Trading Up 2.4%

SWKS opened at $75.37 on Tuesday. Skyworks Solutions, Inc. has a twelve month low of $51.93 and a twelve month high of $90.90. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $66.08 and a 200-day moving average of $62.76. The stock has a market cap of $11.34 billion, a PE ratio of 31.27 and a beta of 1.50.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The company had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. During the same period in the prior year, the company posted $1.24 earnings per share. Skyworks Solutions’s revenue for the quarter was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.61 EPS for the current year.

Skyworks Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 117.84%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SWKS. Morgan Stanley raised their price target on shares of Skyworks Solutions from $69.00 to $76.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Craig Hallum raised their price target on shares of Skyworks Solutions from $75.00 to $85.00 in a research note on Wednesday, May 6th. Royal Bank Of Canada raised their price target on shares of Skyworks Solutions from $65.00 to $72.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Skyworks Solutions in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and a consensus price target of $76.61.

About Skyworks Solutions

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.