Pallas Capital Advisors LLC Sells 1,882 Shares of Skyworks Solutions, Inc. $SWKS

Pallas Capital Advisors LLC trimmed its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 30.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,266 shares of the semiconductor manufacturer’s stock after selling 1,882 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Skyworks Solutions were worth $318,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Horizon Investments LLC boosted its stake in shares of Skyworks Solutions by 2.8% during the 1st quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer’s stock worth $349,000 after acquiring an additional 146 shares during the period. Keeley Teton Advisors LLC boosted its stake in shares of Skyworks Solutions by 1.1% during the 1st quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer’s stock worth $1,096,000 after acquiring an additional 178 shares during the period. Ridgewood Investments LLC boosted its stake in shares of Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer’s stock worth $56,000 after acquiring an additional 188 shares during the period. Inspire Advisors LLC boosted its stake in shares of Skyworks Solutions by 1.3% during the 1st quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer’s stock worth $952,000 after acquiring an additional 194 shares during the period. Finally, Albert D Mason Inc. boosted its stake in shares of Skyworks Solutions by 1.8% during the 1st quarter. Albert D Mason Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $791,000 after acquiring an additional 215 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Stock Up 2.5%

SWKS stock opened at $78.95 on Monday. The stock’s 50 day simple moving average is $73.30 and its 200 day simple moving average is $69.70. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $101.50. 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 company has a market cap of $11.72 billion, a P/E ratio of 31.58, a price-to-earnings-growth ratio of 1.77 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm 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 company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, research analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were given a $0.71 dividend. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio (DPR) is 113.60%.

Analyst Ratings Changes

Several research firms recently weighed in on SWKS. Cfra Research raised Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. 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. Wall Street Zen cut Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Monday, September 8th. 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 for the company. Finally, Mizuho lifted their price target on Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 1st. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $72.87.

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.