Chicago Partners Investment Group LLC Acquires New Shares in Skyworks Solutions, Inc. $SWKS

Key Points

• Chicago Partners Investment Group LLC acquired a new stake in Skyworks Solutions, Inc. by purchasing 5,420 shares valued at approximately $396,000 during the 2nd quarter.
• Skyworks reported earnings per share of $1.33 for the last quarter, surpassing analyst expectations, and had a quarterly revenue of $965 million, reflecting a year-over-year growth of 6.6%.
• The company recently increased its quarterly dividend from $0.70 to $0.71, representing a dividend yield of 3.7%, although its dividend payout ratio stands at 113.60%.

Chicago Partners Investment Group LLC acquired a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,420 shares of the semiconductor manufacturer's stock, valued at approximately $396,000.

Several other hedge funds also recently modified their holdings of SWKS. GAMMA Investing LLC boosted its holdings in shares of Skyworks Solutions by 20.9% during the 1st quarter. GAMMA Investing LLC now owns 3,947 shares of the semiconductor manufacturer's stock valued at $255,000 after acquiring an additional 682 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Skyworks Solutions by 30.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 28,790 shares of the semiconductor manufacturer's stock valued at $1,861,000 after acquiring an additional 6,713 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in shares of Skyworks Solutions during the 1st quarter valued at $302,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Skyworks Solutions by 6.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,420 shares of the semiconductor manufacturer's stock valued at $867,000 after acquiring an additional 829 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Skyworks Solutions by 10.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 66,836 shares of the semiconductor manufacturer's stock valued at $4,320,000 after acquiring an additional 6,103 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Skyworks Solutions Stock Performance

SWKS stock opened at $75.78 on Friday. The stock has a 50-day moving average price of $75.66 and a 200-day moving average price of $71.32. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $98.34. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The firm has a market cap of $11.25 billion, a PE ratio of 30.31 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share 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 firm had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. During the same period last year, the company posted $1.21 EPS. The business's quarterly 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, equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were given a $0.71 dividend. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Tuesday, August 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.7%. Skyworks Solutions's dividend payout ratio is 113.60%.

Wall Street Analysts Forecast Growth

SWKS has been the topic of several recent research reports. Mizuho downgraded Skyworks Solutions from a "neutral" rating to an "underperform" rating and set a $60.00 price objective on the stock. in a report on Monday. UBS Group raised their target price on Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Skyworks Solutions in a research report on Wednesday, October 8th. 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. Finally, 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 target price for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, Skyworks Solutions has an average rating of "Reduce" and a consensus target price of $70.87.

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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