Jacobi Capital Management LLC boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 32.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,080 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,489 shares during the period. Jacobi Capital Management LLC’s holdings in Skyworks Solutions were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in 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. Pzena Investment Management LLC lifted its stake in shares of 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 valued at $501,716,000 after purchasing an additional 2,132,847 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Skyworks Solutions by 8.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock valued at $355,922,000 after purchasing an additional 408,577 shares during the period. Invesco Ltd. increased its holdings 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 acquiring an additional 979,962 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in Skyworks Solutions by 7.8% in the 1st quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer’s stock worth $160,729,000 after acquiring an additional 179,663 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Mizuho upped their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 1st. Cfra Research raised shares of Skyworks Solutions to a “moderate sell” rating in a research report on Wednesday, August 6th. Susquehanna increased their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. The Goldman Sachs Group started coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They issued a “sell” rating and a $70.00 target price on the stock. Finally, UBS Group increased their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $72.87.
Skyworks Solutions Price Performance
Skyworks Solutions stock opened at $74.46 on Friday. The company has a market cap of $11.05 billion, a P/E ratio of 29.78, a price-to-earnings-growth ratio of 1.67 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. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $103.06. The business has a fifty day moving average of $73.44 and a two-hundred day moving average of $69.35.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.
Skyworks Solutions Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is 113.60%.
Skyworks Solutions 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.
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