Advisors Asset Management Inc. Increases Stock Holdings in Skyworks Solutions, Inc. $SWKS

Advisors Asset Management Inc. grew its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 45.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 117,547 shares of the semiconductor manufacturer’s stock after purchasing an additional 36,666 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.08% of Skyworks Solutions worth $8,760,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SWKS. Park Place Capital Corp grew its position in Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 141 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Skyworks Solutions during the 2nd quarter worth $28,000. Clearstead Trust LLC boosted its stake in shares of Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 274 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Skyworks Solutions by 98.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 217 shares in the last quarter. Finally, CVA Family Office LLC increased its stake in shares of Skyworks Solutions by 424.1% in the 2nd quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock worth $42,000 after purchasing an additional 458 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Insider Buying and Selling at Skyworks Solutions

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This represents a 19.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SWKS shares. Barclays raised Skyworks Solutions from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $58.00 to $88.00 in a report on Wednesday, October 29th. Citigroup raised Skyworks Solutions from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $66.00 to $105.00 in a research report on Wednesday, October 29th. Loop Capital cut their price objective on Skyworks Solutions from $83.00 to $75.00 in a research note on Wednesday, November 5th. JPMorgan Chase & Co. increased their target price on shares of Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Finally, BNP Paribas Exane raised their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $83.18.

Read Our Latest Stock Report on SWKS

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $63.51 on Wednesday. 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 $95.46. The stock has a 50-day moving average price of $73.39 and a 200 day moving average price of $73.15. The stock has a market capitalization of $9.44 billion, a P/E ratio of 25.40 and a beta of 1.21.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $1.10 billion for the quarter. During the same period in the prior year, the firm posted $1.55 earnings per share. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.5%. Skyworks Solutions’s dividend payout ratio is currently 92.51%.

Skyworks Solutions 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.

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

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