DekaBank Deutsche Girozentrale Buys 976 Shares of Skyworks Solutions, Inc. $SWKS

DekaBank Deutsche Girozentrale boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,248 shares of the semiconductor manufacturer’s stock after acquiring an additional 976 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Skyworks Solutions were worth $3,232,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Unison Advisors LLC grew its holdings in Skyworks Solutions by 1.3% during the 2nd quarter. Unison Advisors LLC now owns 17,867 shares of the semiconductor manufacturer’s stock worth $1,331,000 after acquiring an additional 231 shares during the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Skyworks Solutions in the 2nd quarter valued at about $396,000. Burford Brothers Inc. bought a new position in shares of Skyworks Solutions in the 2nd quarter valued at about $452,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Skyworks Solutions in the 2nd quarter valued at about $1,081,000. Finally, Allianz Asset Management GmbH boosted its stake in shares of Skyworks Solutions by 131.1% in the 2nd quarter. Allianz Asset Management GmbH now owns 452,452 shares of the semiconductor manufacturer’s stock valued at $33,717,000 after purchasing an additional 256,709 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

Shares of NASDAQ:SWKS opened at $74.04 on Friday. 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 has a market capitalization of $10.99 billion, a price-to-earnings ratio of 29.62 and a beta of 1.20. The firm’s 50 day simple moving average is $75.65 and its 200 day simple moving average is $71.65. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $98.34.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, beating 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 firm had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. During the same quarter in the previous year, the firm posted $1.21 earnings per share. The business’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. As a group, sell-side analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were paid a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, August 26th. 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 3.8%. Skyworks Solutions’s payout ratio is presently 113.60%.

Analysts Set New Price Targets

SWKS has been the topic of several recent research reports. Susquehanna raised their target price on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Cfra Research raised shares of Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. UBS Group raised their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Loop Capital raised their target price on shares of Skyworks Solutions from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, October 16th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $70.87.

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.