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

Key Points

• Advisors Asset Management Inc. increased its stake in Skyworks Solutions, Inc. by 79.2%, acquiring an additional 35,738 shares, bringing its total ownership to 80,881 shares valued at approximately $5.2 million.
• The company also announced a quarterly dividend increase to $0.71 per share, with a projected annualized dividend yield of 3.8%.
• Analysts have mixed ratings on Skyworks Solutions, with ratings ranging from Selling to Strong Buy, and a consensus target price set at approximately $72.87.

Advisors Asset Management Inc. increased its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 79.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,881 shares of the semiconductor manufacturer's stock after buying an additional 35,738 shares during the quarter. Advisors Asset Management Inc. owned 0.05% of Skyworks Solutions worth $5,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in SWKS. Mattson Financial Services LLC purchased a new position in shares of Skyworks Solutions in the 4th quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB grew its position in Skyworks Solutions by 60.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock worth $38,000 after purchasing an additional 223 shares during the last quarter. Brown Lisle Cummings Inc. increased its stake in Skyworks Solutions by 450.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock valued at $50,000 after purchasing an additional 631 shares in the last quarter. Costello Asset Management INC increased its stake in Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock valued at $51,000 after purchasing 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 worth $71,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Stock Performance

Skyworks Solutions stock traded up $0.56 during mid-day trading on Friday, hitting $75.20. The company had a trading volume of 2,138,425 shares, compared to its average volume of 2,056,900. The company has a market capitalization of $11.16 billion, a price-to-earnings ratio of 30.08, a P/E/G ratio of 1.68 and a beta of 1.17. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $103.06. The company's fifty day moving average is $73.63 and its 200-day moving average is $69.09. 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 (NASDAQ:SWKS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts' expectations of $940.00 million. During the same period in the previous year, the business posted $1.21 EPS. The business's revenue was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities research analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, August 26th. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's dividend payout ratio is currently 113.60%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Arete Research raised Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. Mizuho boosted their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Wall Street Zen raised Skyworks Solutions from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Susquehanna raised their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Cfra Research raised Skyworks Solutions to a "moderate sell" rating in a report on Wednesday, August 6th. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target 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.