Public Employees Retirement System of Ohio Cuts Stake in Skyworks Solutions, Inc. $SWKS

Public Employees Retirement System of Ohio reduced its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,715 shares of the semiconductor manufacturer’s stock after selling 1,267 shares during the period. Public Employees Retirement System of Ohio’s holdings in Skyworks Solutions were worth $4,152,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Skyworks Solutions by 2.0% in the first quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer’s stock worth $1,340,393,000 after acquiring an additional 397,638 shares during the last quarter. Pzena Investment Management LLC grew its stake in shares of Skyworks Solutions by 37.9% in the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer’s stock worth $501,716,000 after acquiring an additional 2,132,847 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Skyworks Solutions by 8.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after acquiring an additional 408,577 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Skyworks Solutions by 31.0% during the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock valued at $267,675,000 after purchasing an additional 979,962 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Skyworks Solutions by 7.8% during the first quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer’s stock valued at $160,729,000 after purchasing an additional 179,663 shares in the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $76.93 on Tuesday. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $101.50. The stock has a 50-day moving average price of $74.15 and a 200 day moving average price of $70.14. The stock has a market capitalization of $11.42 billion, a P/E ratio of 30.77, a P/E/G ratio of 1.78 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS) last released its 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. 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 during the quarter, compared to analysts’ expectations of $940.00 million. During the same quarter last year, the business posted $1.21 earnings per share. The firm’s revenue was up 6.6% on a year-over-year basis. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities research analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors 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 3.7%. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio (DPR) is 113.60%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. UBS Group upped their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, July 21st. Citigroup upped their price target on Skyworks Solutions from $63.00 to $66.00 and gave the company a “sell” rating in a report on Wednesday, August 6th. Wall Street Zen downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Monday, September 8th. Arete Research raised Skyworks Solutions to a “strong-buy” rating in a report on Thursday, August 14th. Finally, Mizuho upped their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, July 1st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $72.87.

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.