Park Avenue Securities LLC Buys Shares of 8,227 Skyworks Solutions, Inc. $SWKS

Park Avenue Securities LLC bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 8,227 shares of the semiconductor manufacturer’s stock, valued at approximately $613,000.

A number of other large investors have also recently modified their holdings of SWKS. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Skyworks Solutions by 60.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer’s stock valued at $38,000 after acquiring an additional 223 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of Skyworks Solutions by 450.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer’s stock valued at $50,000 after acquiring an additional 631 shares in the last quarter. Costello Asset Management INC boosted its holdings in shares of Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer’s stock valued at $51,000 after acquiring an additional 300 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Skyworks Solutions during the 1st quarter valued at $52,000. Finally, Ridgewood Investments LLC boosted its holdings 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 valued at $56,000 after acquiring an additional 188 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Mizuho raised their price objective on Skyworks Solutions from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, July 1st. The Goldman Sachs Group started coverage on Skyworks Solutions in a research report on Thursday, July 10th. They set a “sell” rating and a $70.00 target price for the company. Wall Street Zen lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Monday, September 8th. Cfra Research raised Skyworks Solutions to a “moderate sell” rating in a research report on Wednesday, August 6th. Finally, Citigroup raised their target price on Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $72.87.

Check Out Our Latest Stock Analysis on Skyworks Solutions

Skyworks Solutions Price Performance

SWKS stock opened at $79.51 on Monday. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $101.50. The business has a 50-day simple moving average of $74.07 and a two-hundred day simple moving average of $70.09. The company has a market capitalization of $11.80 billion, a P/E ratio of 31.80, a price-to-earnings-growth ratio of 1.78 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 (NASDAQ:SWKSGet Free Report) last announced 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. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The firm had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same quarter in the previous year, the business earned $1.21 EPS. The company’s revenue 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. Research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

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

Skyworks Solutions Company Profile

(Free Report)

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.

See Also

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

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