MassMutual Private Wealth & Trust FSB increased its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 192.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,735 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,141 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Skyworks Solutions were worth $129,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. Tidal Investments LLC lifted its stake in Skyworks Solutions by 14.7% in the fourth quarter. Tidal Investments LLC now owns 21,708 shares of the semiconductor manufacturer’s stock valued at $1,925,000 after buying an additional 2,774 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in Skyworks Solutions in the fourth quarter valued at approximately $3,239,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Skyworks Solutions by 11.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,177,745 shares of the semiconductor manufacturer’s stock valued at $104,442,000 after buying an additional 122,643 shares during the last quarter. GTS Securities LLC lifted its stake in Skyworks Solutions by 9.7% in the fourth quarter. GTS Securities LLC now owns 22,724 shares of the semiconductor manufacturer’s stock valued at $2,015,000 after buying an additional 2,018 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in Skyworks Solutions by 0.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 65,295 shares of the semiconductor manufacturer’s stock valued at $5,790,000 after buying an additional 448 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. UBS Group boosted their target price on Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, July 21st. Wall Street Zen lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Monday, September 8th. Cfra Research raised Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. Mizuho boosted their target price on Skyworks Solutions from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, July 1st. Finally, The Goldman Sachs Group assumed coverage on Skyworks Solutions in a report on Thursday, July 10th. They issued a “sell” rating and a $70.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Skyworks Solutions presently has an average rating of “Reduce” and a consensus target price of $72.87.
Skyworks Solutions Stock Performance
Shares of NASDAQ:SWKS opened at $78.95 on Friday. 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 $101.50. The business’s 50-day simple moving average is $73.30 and its 200 day simple moving average is $69.66. The company has a market cap of $11.72 billion, a P/E ratio of 31.58, a PEG ratio of 1.73 and a beta of 1.17.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last posted its quarterly earnings data 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. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same period in the previous year, the business earned $1.21 EPS. Skyworks Solutions’s revenue for the quarter was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, sell-side analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.
Skyworks Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were issued a dividend of $0.71 per share. The ex-dividend date was Tuesday, August 26th. This represents a $2.84 annualized dividend and a yield of 3.6%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is presently 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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