Banque Transatlantique SA Invests $233,000 in Skyworks Solutions, Inc. $SWKS

Key Points

• Banque Transatlantique SA has acquired a new position in Skyworks Solutions, Inc., purchasing 3,895 shares valued at approximately $233,000.
• Multiple hedge funds increased their holdings in Skyworks, with Vanguard Group Inc. owning over 20 million shares worth around $1.34 billion.
• Skyworks Solutions has reported a quarterly EPS of $1.33, exceeding analysts' expectations, and announced an increase in its quarterly dividend to $0.71 per share.

Banque Transatlantique SA bought a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 3,895 shares of the semiconductor manufacturer's stock, valued at approximately $233,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SWKS. Baird Financial Group Inc. raised its position in Skyworks Solutions by 3.9% during the 4th quarter. Baird Financial Group Inc. now owns 49,220 shares of the semiconductor manufacturer's stock worth $4,365,000 after buying an additional 1,854 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Skyworks Solutions by 51.6% during the 4th quarter. Deutsche Bank AG now owns 758,154 shares of the semiconductor manufacturer's stock worth $67,233,000 after acquiring an additional 257,967 shares during the period. Focus Partners Wealth purchased a new position in shares of Skyworks Solutions during the 4th quarter worth $458,000. Gotham Asset Management LLC raised its holdings in shares of Skyworks Solutions by 24.4% during the 4th quarter. Gotham Asset Management LLC now owns 244,522 shares of the semiconductor manufacturer's stock worth $21,684,000 after acquiring an additional 47,953 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Skyworks Solutions by 10.3% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 8,230 shares of the semiconductor manufacturer's stock valued at $730,000 after buying an additional 766 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Trading Up 0.8%

NASDAQ:SWKS traded up $0.56 during mid-day trading on Friday, reaching $75.20. The company's stock had a trading volume of 2,138,425 shares, compared to its average volume of 2,056,900. The company's fifty day simple moving average is $73.63 and its two-hundred day simple moving average is $69.09. The stock has a market cap of $11.16 billion, a P/E ratio of 30.08, a P/E/G ratio of 1.68 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $103.06.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. During the same quarter last 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, equities 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. Shareholders of record on Tuesday, August 26th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a 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 payout ratio is currently 113.60%.

Analysts Set New Price Targets

A number of brokerages have issued reports on SWKS. Cfra Research upgraded shares of Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. Citigroup boosted their price target on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. The Goldman Sachs Group began coverage on Skyworks Solutions in a research report on Thursday, July 10th. They set a "sell" rating and a $70.00 price objective for the company. Finally, Wall Street Zen raised Skyworks Solutions from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $72.87.

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.