Farther Finance Advisors LLC Purchases 1,678 Shares of Skyworks Solutions, Inc. $SWKS

Farther Finance Advisors LLC grew its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 113.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,161 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,678 shares during the period. Farther Finance Advisors LLC’s holdings in Skyworks Solutions were worth $236,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. grew its stake in Skyworks Solutions by 9.1% in the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock worth $13,152,000 after acquiring an additional 16,965 shares in the last quarter. Perigon Wealth Management LLC lifted its position in Skyworks Solutions by 30.6% during the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock valued at $255,000 after acquiring an additional 927 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in shares of Skyworks Solutions in the first quarter worth $1,511,000. Envestnet Asset Management Inc. raised its holdings in shares of Skyworks Solutions by 91.5% in the first quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock worth $30,690,000 after buying an additional 226,938 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Skyworks Solutions by 1.5% in the first quarter. Amalgamated Bank now owns 31,496 shares of the semiconductor manufacturer’s stock worth $2,036,000 after buying an additional 458 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SWKS shares. Mizuho increased their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 1st. Cfra Research upgraded shares of Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. UBS Group increased their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. Finally, Susquehanna raised their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $72.87.

Skyworks Solutions Trading Up 0.1%

SWKS opened at $76.98 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The company’s 50 day simple moving average is $74.22 and its two-hundred day simple moving average is $70.19. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $101.50. The firm has a market capitalization of $11.43 billion, a price-to-earnings ratio of 30.79, a price-to-earnings-growth ratio of 1.72 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. 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 firm earned $1.21 earnings per share. Skyworks Solutions’s quarterly 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. Analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS 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 paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.7%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s payout ratio is presently 113.60%.

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.