Aberdeen Group plc Increases Stock Holdings in Skyworks Solutions, Inc. $SWKS

Key Points

• Aberdeen Group plc increased its holdings in Skyworks Solutions by 10.1% during the second quarter, now owning 158,070 shares valued at approximately $11.79 million.
• Skyworks Solutions recently declared a quarterly dividend of $0.71 per share, a slight increase from the previous $0.70, with an annualized yield of 3.8%.
• Analysts have mixed views on Skyworks, with one upgrading the stock to a "strong-buy" rating and others setting target prices between $66.00 and $75.00, reflecting a consensus target price of $72.87.

Aberdeen Group plc boosted its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 10.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,070 shares of the semiconductor manufacturer's stock after acquiring an additional 14,478 shares during the quarter. Aberdeen Group plc owned 0.11% of Skyworks Solutions worth $11,794,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SWKS. Park Place Capital Corp boosted its holdings in Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 141 shares during the period. Brown Lisle Cummings Inc. boosted its stake in shares of Skyworks Solutions by 450.7% in the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock valued at $50,000 after buying an additional 631 shares during the period. Costello Asset Management INC boosted its stake in shares of 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 during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Skyworks Solutions in the 1st quarter valued at about $52,000. Finally, Ridgewood Investments LLC boosted its stake in shares of Skyworks Solutions by 27.9% in the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock valued at $56,000 after buying an additional 188 shares during the period. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SWKS has been the subject of several recent research reports. Arete Research upgraded Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. Citigroup raised their target price on Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. The Goldman Sachs Group assumed coverage on Skyworks Solutions in a research report on Thursday, July 10th. They set a "sell" rating and a $70.00 target price on the stock. Mizuho raised their target price on Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 1st. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Skyworks Solutions in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $72.87.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $74.22 on Thursday. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $100.53. The stock has a market cap of $11.02 billion, a price-to-earnings ratio of 29.69, a price-to-earnings-growth ratio of 2.52 and a beta of 1.20. The business has a fifty day moving average of $75.23 and a 200-day moving average of $70.66. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. The firm had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were paid a dividend of $0.71 per share. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions's payout ratio is currently 113.60%.

About Skyworks Solutions

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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