Personal CFO Solutions LLC purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,548 shares of the semiconductor manufacturer’s stock, valued at approximately $565,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SWKS. Parallel Advisors LLC grew its stake in Skyworks Solutions by 5.3% in the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after acquiring an additional 163 shares during the last quarter. Beacon Pointe Advisors LLC grew its position in shares of Skyworks Solutions by 4.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock valued at $282,000 after purchasing an additional 200 shares during the last quarter. International Private Wealth Advisors LLC increased its stake in shares of Skyworks Solutions by 5.9% during the 4th quarter. International Private Wealth Advisors LLC now owns 3,714 shares of the semiconductor manufacturer’s stock worth $236,000 after purchasing an additional 208 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in shares of Skyworks Solutions by 2.8% during the 4th quarter. Asset Management One Co. Ltd. now owns 7,881 shares of the semiconductor manufacturer’s stock worth $505,000 after purchasing an additional 213 shares in the last quarter. Finally, Unison Advisors LLC raised its position in shares of Skyworks Solutions by 1.2% during the 1st quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer’s stock worth $986,000 after purchasing an additional 219 shares during the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on SWKS shares. Barclays upgraded Skyworks Solutions from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $60.00 to $70.00 in a report on Wednesday, April 22nd. TD Cowen upped their price objective on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Citigroup increased their price objective on Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. UBS Group lifted their price objective on Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley boosted their target price 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. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Skyworks Solutions presently has a consensus rating of “Hold” and an average price target of $77.47.
Skyworks Solutions Price Performance
SWKS stock opened at $59.95 on Friday. The company has a market cap of $9.02 billion, a PE ratio of 24.88 and a beta of 1.50. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average price of $71.18 and a two-hundred day moving average price of $63.18. Skyworks Solutions, Inc. has a 12-month low of $51.93 and a 12-month high of $90.90.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released 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. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company had revenue of $943.70 million for the quarter, compared to the consensus estimate of $901.76 million. During the same period last year, the business posted $1.24 EPS. The company’s quarterly revenue 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. As a group, research analysts predict that Skyworks Solutions, Inc. will post 3.61 EPS for the current year.
Skyworks Solutions Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were given a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.84 annualized dividend and a dividend yield of 4.7%. Skyworks Solutions’s dividend payout ratio is presently 117.84%.
Skyworks Solutions 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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