Chiron Capital Management LLC Acquires Shares of 3,926 Skyworks Solutions, Inc. $SWKS

Key Points

• Chiron Capital Management LLC has invested approximately $254,000 in Skyworks Solutions, Inc. by acquiring 3,926 shares of the company's stock.
• Skyworks Solutions recently reported a quarterly earnings per share (EPS) of $1.33, exceeding analysts' expectations of $1.24, alongside a revenue increase of 6.6% year-over-year.
• The company has declared a quarterly dividend of $0.71 per share, representing a 3.8% yield and an increase from the previous dividend of $0.70.

Chiron Capital Management LLC purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,926 shares of the semiconductor manufacturer's stock, valued at approximately $254,000.

Several other institutional investors also recently added to or reduced their stakes in SWKS. Schonfeld Strategic Advisors LLC increased its stake in Skyworks Solutions by 34.6% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 30,859 shares of the semiconductor manufacturer's stock worth $2,737,000 after buying an additional 7,932 shares during the period. AXA S.A. grew its holdings in Skyworks Solutions by 42.8% during the 4th quarter. AXA S.A. now owns 260,091 shares of the semiconductor manufacturer's stock worth $23,065,000 after acquiring an additional 77,999 shares in the last quarter. Baird Financial Group Inc. grew its holdings 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 acquiring an additional 1,854 shares in the last quarter. Deutsche Bank AG grew its holdings in 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 in the last quarter. Finally, Focus Partners Wealth bought a new position in Skyworks Solutions during the 4th quarter worth about $458,000. Hedge funds and other institutional investors own 85.43% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Citigroup increased their target price on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. The Goldman Sachs Group began coverage on Skyworks Solutions in a research report on Thursday, July 10th. They issued a "sell" rating and a $70.00 price target for the company. Wall Street Zen raised Skyworks Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Cfra Research raised Skyworks Solutions to a "moderate sell" rating in a research report on Wednesday, August 6th. Finally, Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a report on Thursday, August 14th. One 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 issued a Sell rating to the stock. According to MarketBeat.com, Skyworks Solutions has an average rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Stock Performance

SWKS stock traded up $0.56 during trading on Friday, reaching $75.20. The company had a trading volume of 2,138,425 shares, compared to its average volume of 2,079,819. The firm has a 50-day simple moving average of $73.63 and a 200-day simple moving average of $69.06. The company has a market cap of $11.16 billion, a price-to-earnings ratio of 30.08, a price-to-earnings-growth ratio of 1.67 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. 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 released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $965.00 million during the quarter, compared to analysts' expectations of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. Skyworks Solutions's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the business earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be paid a $0.71 dividend. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. Skyworks Solutions's dividend payout ratio (DPR) is 113.60%.

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.