Centennial Wealth Advisory LLC Acquires New Shares in Skyworks Solutions, Inc. $SWKS

Key Points

• Centennial Wealth Advisory LLC acquired 6,414 shares of Skyworks Solutions, Inc. valued at approximately $478,000 during Q2, highlighting increased institutional interest in the semiconductor manufacturer.
• Analysts have varied ratings for Skyworks Solutions, with price targets ranging from $60.00 to $75.00, primarily rated as "neutral" or "sell," indicating mixed sentiment in the market.
• Skyworks Solutions reported a Q3 EPS of $1.33, exceeding estimates, and announced a quarterly dividend of $0.71, showing growth in revenue and a strong dividend yield of 3.7%.

Centennial Wealth Advisory LLC acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,414 shares of the semiconductor manufacturer's stock, valued at approximately $478,000.

Other large investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its holdings in 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 acquiring an additional 223 shares during the last quarter. Brown Lisle Cummings Inc. boosted its position in shares of Skyworks Solutions by 450.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock worth $50,000 after purchasing an additional 631 shares during the period. Costello Asset Management INC boosted its position in shares of Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock worth $51,000 after purchasing an additional 300 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Skyworks Solutions during the 1st quarter worth approximately $52,000. Finally, Ridgewood Investments LLC boosted its position in shares of Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock worth $56,000 after purchasing an additional 188 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SWKS shares. Susquehanna increased their price objective on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. The Goldman Sachs Group started coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They set a "sell" rating and a $70.00 price objective for the company. Mizuho increased their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 1st. Citigroup increased their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Finally, Wall Street Zen cut shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Skyworks Solutions has a consensus rating of "Reduce" and an average price target of $72.87.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $76.93 on Tuesday. The firm has a market cap of $11.42 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 1.78 and a beta of 1.17. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $101.50. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The company's 50 day moving average is $74.15 and its two-hundred day moving average is $70.14.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, August 26th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's dividend payout ratio (DPR) is 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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