Mutual of America Capital Management LLC Trims Stock Position in Skyworks Solutions, Inc. $SWKS

Mutual of America Capital Management LLC cut its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 7.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,216 shares of the semiconductor manufacturer’s stock after selling 1,473 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Skyworks Solutions were worth $1,283,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SWKS. Pzena Investment Management LLC increased its position in shares of Skyworks Solutions by 57.3% during the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock worth $909,714,000 after acquiring an additional 4,444,747 shares during the period. Invesco Ltd. increased its position 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 worth $267,675,000 after acquiring an additional 979,962 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of Skyworks Solutions during the second quarter worth approximately $67,841,000. AQR Capital Management LLC increased its position in shares of Skyworks Solutions by 89.3% during the first quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer’s stock worth $76,416,000 after acquiring an additional 565,065 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Skyworks Solutions by 8.0% during 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 period. 85.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SWKS has been the topic of a number of research reports. Loop Capital raised their target price on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, October 16th. The Goldman Sachs Group began coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They set a “sell” rating and a $70.00 price objective on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a report on Saturday. Cfra Research raised shares of Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. Finally, UBS Group lifted their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $70.87.

Skyworks Solutions Price Performance

Shares of SWKS opened at $74.04 on Monday. The company has a market cap of $10.99 billion, a price-to-earnings ratio of 29.62 and a beta of 1.20. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $98.34. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average of $75.65 and a two-hundred day moving average of $71.73.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. The company had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. Skyworks Solutions’s revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, analysts predict 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 paid a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 3.8%. This is a positive change from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions’s payout ratio is 113.60%.

Skyworks Solutions Company 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.