Aberdeen Group plc Acquires 68,689 Shares of Skyworks Solutions, Inc. $SWKS

Key Points

• Aberdeen Group plc increased its stake in Skyworks Solutions by 91.7%, acquiring a total of 143,592 shares worth approximately $9.12 million.
• Skyworks Solutions reported a quarterly earnings per share (EPS) of $1.33, beating estimates, with a revenue of $965 million for the quarter.
• The company increased its quarterly dividend to $0.71, representing an annual yield of 3.8%, up from the previous dividend of $0.70.

Aberdeen Group plc increased its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 91.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 143,592 shares of the semiconductor manufacturer's stock after buying an additional 68,689 shares during the period. Aberdeen Group plc owned about 0.10% of Skyworks Solutions worth $9,122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mattson Financial Services LLC acquired a new position in Skyworks Solutions in the 4th quarter valued at about $37,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Skyworks Solutions by 60.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock valued at $38,000 after buying an additional 223 shares in the last quarter. Brown Lisle Cummings Inc. raised its position in Skyworks Solutions by 450.7% during the first quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock worth $50,000 after acquiring an additional 631 shares during the last quarter. Costello Asset Management INC lifted its stake in Skyworks Solutions by 61.1% in the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock valued at $51,000 after buying an additional 300 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in shares of Skyworks Solutions during the fourth quarter valued at $71,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Stock Up 3.7%

NASDAQ SWKS traded up $2.77 during trading on Friday, reaching $77.29. The company's stock had a trading volume of 2,391,182 shares, compared to its average volume of 2,660,370. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $11.47 billion, a PE ratio of 30.92, a PEG ratio of 1.67 and a beta of 1.13. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $110.76. The business has a 50-day moving average price of $73.20 and a 200-day moving average price of $68.58.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued 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 during the quarter, compared to the consensus estimate of $940.00 million. During the same period in the prior year, the firm earned $1.21 EPS. 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. On average, research analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be given a $0.71 dividend. The ex-dividend date is Tuesday, August 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.7%. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's dividend payout ratio is 112.00%.

Analyst Ratings Changes

SWKS has been the topic of a number of research reports. Stifel Nicolaus raised their price objective on Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a report on Thursday, May 8th. Susquehanna increased their target price on Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. UBS Group upped their price objective on Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Arete Research raised shares of Skyworks Solutions to a "strong-buy" rating in a report on Thursday, August 14th. Finally, The Goldman Sachs Group assumed coverage on Skyworks Solutions in a research report on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat, Skyworks Solutions has an average rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions 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.