Baird Financial Group Inc. Cuts Position in Skyworks Solutions, Inc. $SWKS

Baird Financial Group Inc. lessened its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 72.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,772 shares of the semiconductor manufacturer’s stock after selling 35,448 shares during the period. Baird Financial Group Inc.’s holdings in Skyworks Solutions were worth $890,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SWKS. Pzena Investment Management LLC boosted its holdings in Skyworks Solutions by 37.9% in the 1st quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer’s stock worth $501,716,000 after buying an additional 2,132,847 shares during the last quarter. Invesco Ltd. lifted its stake in Skyworks Solutions by 31.0% in the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock worth $267,675,000 after purchasing an additional 979,962 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Skyworks Solutions by 1,844.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 447,727 shares of the semiconductor manufacturer’s stock worth $28,937,000 after purchasing an additional 424,698 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after purchasing an additional 408,577 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Skyworks Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer’s stock worth $1,340,393,000 after purchasing an additional 397,638 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on SWKS. Arete Research upgraded Skyworks Solutions to a “strong-buy” rating in a report on Thursday, August 14th. The Goldman Sachs Group began coverage on Skyworks Solutions in a report on Thursday, July 10th. They set a “sell” rating and a $70.00 price target on the stock. Citigroup lifted their price target on Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. Cfra Research upgraded Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. Finally, Susquehanna raised their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $72.87.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $75.06 on Wednesday. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $103.06. The stock has a market capitalization of $11.14 billion, a PE ratio of 30.02, a PEG ratio of 1.69 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The stock has a 50-day simple moving average of $73.61 and a 200-day simple moving average of $69.19.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be paid a dividend of $0.71 per share. The ex-dividend date is Tuesday, August 26th. This is a positive change from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.8%. Skyworks Solutions’s dividend payout ratio (DPR) is presently 113.60%.

About Skyworks Solutions

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.