Edgestream Partners L.P. Takes $4.10 Million Position in Skyworks Solutions, Inc. $SWKS

Edgestream Partners L.P. acquired a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 55,044 shares of the semiconductor manufacturer’s stock, valued at approximately $4,102,000.

Other hedge funds have also bought and sold shares of the company. Shelton Capital Management grew its stake in shares of Skyworks Solutions by 61.6% in the second quarter. Shelton Capital Management now owns 17,843 shares of the semiconductor manufacturer’s stock worth $1,330,000 after acquiring an additional 6,800 shares during the period. Panagora Asset Management Inc. purchased a new stake in Skyworks Solutions in the second quarter worth approximately $713,000. Greenwich Wealth Management LLC grew its position in Skyworks Solutions by 1.9% in the 2nd quarter. Greenwich Wealth Management LLC now owns 22,162 shares of the semiconductor manufacturer’s stock worth $1,652,000 after purchasing an additional 419 shares during the period. Mackenzie Financial Corp raised its stake in Skyworks Solutions by 56.4% during the 2nd quarter. Mackenzie Financial Corp now owns 52,784 shares of the semiconductor manufacturer’s stock valued at $3,933,000 after buying an additional 19,039 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at $140,807,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Trading Up 1.7%

Shares of NASDAQ:SWKS opened at $69.37 on Thursday. The stock has a 50 day moving average of $71.88 and a 200 day moving average of $72.89. The company has a market cap of $10.31 billion, a PE ratio of 22.60 and a beta of 1.31. The company has a current ratio of 2.33, a quick ratio of 1.76 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.

Skyworks Solutions (NASDAQ:SWKS) last released its 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. The company had revenue of $1.10 billion for the quarter. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. Skyworks Solutions’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.1%. Skyworks Solutions’s dividend payout ratio is currently 92.51%.

Insider Buying and Selling at Skyworks Solutions

In other news, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This represents a 21.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value of $307,974.60. Following the sale, 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 SEC filing for this sale provides additional information. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on SWKS. JPMorgan Chase & Co. lifted their price objective on Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Mizuho raised shares of Skyworks Solutions from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $65.00 to $73.00 in a report on Tuesday, November 11th. Finally, UBS Group reduced their target price on shares of Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating for the company in a report 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 given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $83.18.

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.