CW Advisors LLC Invests $553,000 in Skyworks Solutions, Inc. $SWKS

Key Points

• CW Advisors LLC invested approximately $553,000 in Skyworks Solutions by purchasing 8,547 shares, marking a new position for the firm in the semiconductor manufacturer.
• Several institutional investors, including Principal Financial Group and Envestnet Asset Management, have increased their stakes in Skyworks Solutions during the first quarter, indicating strong institutional interest in the company.
• Skyworks Solutions recently announced an increase in its quarterly dividend from $0.70 to $0.71 per share, reflecting a robust dividend yield of 3.7%.

CW Advisors LLC purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,547 shares of the semiconductor manufacturer's stock, valued at approximately $553,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SWKS. Principal Financial Group Inc. boosted its position in Skyworks Solutions by 9.1% in the first quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer's stock valued at $13,152,000 after buying an additional 16,965 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of Skyworks Solutions by 30.6% in the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer's stock valued at $255,000 after acquiring an additional 927 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Skyworks Solutions in the 1st quarter valued at $1,511,000. Envestnet Asset Management Inc. increased its stake in shares of Skyworks Solutions by 91.5% in the first quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer's stock worth $30,690,000 after acquiring an additional 226,938 shares during the period. Finally, Amalgamated Bank raised its holdings in shares of Skyworks Solutions by 1.5% during the first quarter. Amalgamated Bank now owns 31,496 shares of the semiconductor manufacturer's stock worth $2,036,000 after purchasing an additional 458 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company's stock.

Wall Street Analyst Weigh In

SWKS has been the topic of several recent research reports. UBS Group upped their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Susquehanna upped their target price on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Mizuho lifted their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a research report on Tuesday, July 1st. Needham & Company LLC reissued a "hold" rating on shares of Skyworks Solutions in a report on Thursday, May 8th. Finally, Cfra Research raised shares of Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Skyworks Solutions has an average rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Stock Up 0.7%

Shares of NASDAQ SWKS opened at $76.20 on Thursday. The firm has a market cap of $11.31 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 1.70 and a beta of 1.13. The company's 50-day simple moving average is $73.47 and its 200-day simple moving average is $68.65. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $110.76.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. The firm had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The firm's revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities analysts predict 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 will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, August 26th. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.7%. 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.

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