Dynamic Technology Lab Private Ltd purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,473 shares of the semiconductor manufacturer's stock, valued at approximately $935,000.
Other hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. grew its stake 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 worth $13,152,000 after purchasing an additional 16,965 shares in the last quarter. Perigon Wealth Management LLC grew its stake in Skyworks Solutions by 30.6% in the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer's stock worth $255,000 after purchasing an additional 927 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Skyworks Solutions in the first quarter worth about $1,511,000. Envestnet Asset Management Inc. grew its stake in 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 purchasing an additional 226,938 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in Skyworks Solutions by 1.5% in the first quarter. Amalgamated Bank now owns 31,496 shares of the semiconductor manufacturer's stock valued at $2,036,000 after acquiring an additional 458 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have commented on SWKS. Citigroup lifted their target price on Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. The Goldman Sachs Group began coverage on Skyworks Solutions in a research note on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price for the company. Wall Street Zen downgraded Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday, September 8th. Cfra Research upgraded Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. Finally, Arete Research upgraded Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. One 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 assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $72.87.
View Our Latest Stock Analysis on SWKS
Skyworks Solutions Stock Performance
Shares of SWKS traded down $0.22 during mid-day trading on Friday, reaching $74.46. 2,140,364 shares of the company's stock traded hands, compared to its average volume of 2,100,475. The business's 50-day moving average price is $73.44 and its 200-day moving average price is $69.38. The stock has a market capitalization of $11.05 billion, a P/E ratio of 29.78, 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 12 month low of $47.93 and a 12 month high of $103.06.
Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $965.00 million for the quarter, compared to analysts' expectations of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 earnings per share. 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 earnings per share for the current year.
Skyworks Solutions Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, August 26th. Skyworks Solutions's dividend payout ratio is presently 113.60%.
Skyworks Solutions Company Profile
(
Free Report)
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.
Featured Articles
Before you consider Skyworks Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skyworks Solutions wasn't on the list.
While Skyworks Solutions currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
