Nomura Asset Management Co. Ltd. Cuts Stake in Skyworks Solutions, Inc. $SWKS

Nomura Asset Management Co. Ltd. lessened its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 55.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 36,342 shares of the semiconductor manufacturer’s stock after selling 45,342 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Skyworks Solutions were worth $2,708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SWKS. Park Place Capital Corp lifted 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 purchasing an additional 141 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Skyworks Solutions during the 2nd quarter worth approximately $28,000. Clearstead Trust LLC lifted its holdings in shares of Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 274 shares during the period. Parkside Financial Bank & Trust boosted its stake in shares of Skyworks Solutions by 98.6% in the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 217 shares in the last quarter. Finally, CVA Family Office LLC grew its holdings in Skyworks Solutions by 424.1% during the second quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock worth $42,000 after acquiring an additional 458 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SWKS shares. Cfra set a $90.00 target price on Skyworks Solutions in a report on Tuesday, October 28th. Morgan Stanley boosted their price objective on shares of Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. BNP Paribas Exane increased their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. JPMorgan Chase & Co. lifted their price target on shares of Skyworks Solutions from $66.00 to $74.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, UBS Group lowered their price target on Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $83.18.

Skyworks Solutions Stock Up 3.5%

SWKS stock opened at $62.61 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The company’s 50 day simple moving average is $73.80 and its 200-day simple moving average is $73.17. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $95.46. The firm has a market capitalization of $9.31 billion, a PE ratio of 25.04 and a beta of 1.21.

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

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 92.51%.

Insider Transactions at Skyworks Solutions

In related news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. This represents a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.28% of the company’s stock.

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.