Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 36.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 88,313 shares of the semiconductor manufacturer’s stock after selling 50,479 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Skyworks Solutions worth $6,798,000 as of its most recent filing with the SEC.
Several other hedge funds also recently bought and sold shares of the stock. Robeco Institutional Asset Management B.V. grew its position in shares of Skyworks Solutions by 26.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock valued at $51,728,000 after purchasing an additional 142,600 shares during the period. Exchange Traded Concepts LLC boosted its stake in Skyworks Solutions by 33.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock worth $5,538,000 after buying an additional 17,874 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Skyworks Solutions by 588.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 45,403 shares of the semiconductor manufacturer’s stock valued at $3,383,000 after buying an additional 38,806 shares during the period. AE Wealth Management LLC acquired a new position in shares of Skyworks Solutions during the 2nd quarter valued at about $13,378,000. Finally, HB Wealth Management LLC acquired a new position in shares of Skyworks Solutions during the 2nd quarter valued at about $442,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.
Insiders Place Their Bets
In related news, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.28% of the company’s stock.
Skyworks Solutions Stock Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion during the quarter. During the same quarter in the prior year, the company 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. As a group, equities research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.
Skyworks Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.8%. Skyworks Solutions’s payout ratio is 92.51%.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on SWKS shares. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, October 29th. Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $70.00 to $140.00 in a report on Wednesday, October 29th. Morgan Stanley boosted their price objective on shares of Skyworks Solutions from $65.00 to $89.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. UBS Group dropped their price objective on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $77.39.
Check Out Our Latest Stock Analysis on SWKS
Skyworks Solutions Company Profile
Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.
Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.
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