Apollon Wealth Management LLC Invests $256,000 in Skyworks Solutions, Inc. $SWKS

Key Points

• Apollon Wealth Management LLC invested $256,000 to acquire 3,438 shares of Skyworks Solutions, Inc. in the second quarter, indicating a growing interest in the semiconductor manufacturer.
• Research reports from firms such as UBS Group raised Skyworks Solutions' price target to $75.00, reflecting a cautious optimism with varying ratings, including "neutral," "hold," and "sell."
• Skyworks Solutions announced a quarterly dividend increase from $0.70 to $0.71, resulting in an annual yield of 3.8%, despite a dividend payout ratio of 113.60%.

Apollon Wealth Management LLC acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,438 shares of the semiconductor manufacturer's stock, valued at approximately $256,000.

Several other institutional investors and hedge funds have also bought and sold shares of SWKS. Pzena Investment Management LLC increased its stake in Skyworks Solutions by 37.9% in the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer's stock valued at $501,716,000 after purchasing an additional 2,132,847 shares in the last quarter. Invesco Ltd. grew its stake in shares of Skyworks Solutions by 31.0% in the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after buying an additional 979,962 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Skyworks Solutions in the 2nd quarter valued at about $67,841,000. AQR Capital Management LLC increased its position in Skyworks Solutions by 89.3% in the 1st quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer's stock valued at $76,416,000 after buying an additional 565,065 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock worth $355,922,000 after buying an additional 408,577 shares during the period. 85.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SWKS has been the subject of a number of research reports. UBS Group raised 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. Loop Capital lifted their price target on shares of Skyworks Solutions from $70.00 to $75.00 and gave the company a "hold" rating in a research report on Thursday. The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a research note on Thursday, July 10th. They set a "sell" rating and a $70.00 price target for the company. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Skyworks Solutions from a "hold" rating to a "buy" rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Skyworks Solutions has an average rating of "Reduce" and an average target price of $71.87.

Skyworks Solutions Price Performance

SWKS opened at $75.32 on Friday. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $99.27. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The company has a market capitalization of $11.18 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 2.60 and a beta of 1.20. The firm's fifty day moving average price is $75.43 and its two-hundred day moving average price is $70.85.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released 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 company had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. During the same period last year, the firm earned $1.21 earnings per share. The firm'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. As a group, analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a $0.71 dividend. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions's dividend payout ratio is currently 113.60%.

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.

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