Robecosam AG grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 25.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,000 shares of the semiconductor manufacturer’s stock after buying an additional 10,000 shares during the quarter. Robecosam AG’s holdings in Skyworks Solutions were worth $5,062,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. LMR Partners LLP increased its stake in shares of Skyworks Solutions by 36.6% in the third quarter. LMR Partners LLP now owns 5,745 shares of the semiconductor manufacturer’s stock valued at $585,000 after buying an additional 1,539 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of Skyworks Solutions by 69.2% in the third quarter. Van ECK Associates Corp now owns 307,568 shares of the semiconductor manufacturer’s stock valued at $31,341,000 after buying an additional 125,792 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Skyworks Solutions by 3.4% in the third quarter. Oppenheimer & Co. Inc. now owns 64,162 shares of the semiconductor manufacturer’s stock valued at $6,538,000 after buying an additional 2,094 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Skyworks Solutions in the third quarter valued at $211,000. Finally, Oakworth Capital Inc. increased its stake in shares of Skyworks Solutions by 4.0% in the third quarter. Oakworth Capital Inc. now owns 80,773 shares of the semiconductor manufacturer’s stock valued at $8,510,000 after buying an additional 3,089 shares in the last quarter. Institutional investors own 80.00% of the company’s stock.

A number of brokerages have recently weighed in on SWKS. BMO Capital Markets restated a “hold” rating and issued a $100.00 target price on shares of Skyworks Solutions in a research note on Monday, November 6th. DA Davidson reiterated a “buy” rating and issued a $130.00 price target on shares of Skyworks Solutions in a report on Tuesday, November 7th. Drexel Hamilton reiterated a “buy” rating and issued a $128.00 price target (up previously from $120.00) on shares of Skyworks Solutions in a report on Tuesday, November 7th. Needham & Company LLC raised their price target on Skyworks Solutions from $110.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. Finally, KeyCorp raised their price target on Skyworks Solutions from $120.00 to $125.00 and gave the company an “in-line” rating in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $115.68.

Skyworks Solutions, Inc. (NASDAQ SWKS) opened at $109.75 on Friday. Skyworks Solutions, Inc. has a 1-year low of $71.65 and a 1-year high of $117.65. The stock has a market capitalization of $19,943.15, a PE ratio of 18.03, a price-to-earnings-growth ratio of 1.07 and a beta of 0.90.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Monday, November 20th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 23.66%.

In other news, SVP Carlos S. Bori sold 3,745 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $109.53, for a total transaction of $410,189.85. Following the sale, the senior vice president now owns 14,723 shares of the company’s stock, valued at $1,612,610.19. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Liam Griffin sold 2,610 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $99.98, for a total value of $260,947.80. Following the sale, the insider now directly owns 50,408 shares in the company, valued at approximately $5,039,791.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 140,089 shares of company stock worth $15,255,794. Company insiders own 0.49% of the company’s stock.

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Skyworks Solutions Company Profile

Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

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

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