4,751 Shares in Skyworks Solutions, Inc. $SWKS Purchased by Evergreen Capital Management LLC

Key Points

• Evergreen Capital Management LLC has acquired a new stake of 4,751 shares in Skyworks Solutions, valued at approximately $307,000, indicating growing institutional interest in the semiconductor company.
• Skyworks recently increased its quarterly dividend to $0.71 per share, reflecting a commitment to returning value to shareholders despite a payout ratio of 113.60%.
• Skyworks Solutions reported better-than-expected earnings, posting $1.33 EPS, surpassing analyst estimates of $1.24, and showed a revenue increase of 6.6% year-over-year.

Evergreen Capital Management LLC acquired a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,751 shares of the semiconductor manufacturer's stock, valued at approximately $307,000.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Skyworks Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer's stock valued at $1,340,393,000 after acquiring an additional 397,638 shares during the last quarter. Pzena Investment Management LLC raised its holdings in Skyworks Solutions by 37.9% in the 1st quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer's stock valued at $501,716,000 after acquiring an additional 2,132,847 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Skyworks Solutions by 8.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock valued at $355,922,000 after acquiring an additional 408,577 shares during the last quarter. Invesco Ltd. raised its holdings in Skyworks Solutions by 31.0% in the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after acquiring an additional 979,962 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Skyworks Solutions by 7.8% in the 1st quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer's stock valued at $160,729,000 after acquiring an additional 179,663 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Stock Up 0.8%

NASDAQ:SWKS traded up $0.56 on Friday, reaching $75.20. The stock had a trading volume of 2,138,425 shares, compared to its average volume of 2,079,819. 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 company has a 50-day moving average of $73.63 and a 200 day moving average of $69.07. The stock has a market cap of $11.16 billion, a P/E ratio of 30.08, a price-to-earnings-growth ratio of 1.68 and a beta of 1.17. 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 issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $965.00 million for the quarter, compared to analysts' expectations of $940.00 million. During the same quarter last year, the company posted $1.21 earnings per share. The company's quarterly revenue was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, August 26th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. Skyworks Solutions's dividend payout ratio is 113.60%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SWKS shares. Mizuho boosted their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. UBS Group upped their price objective on Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. The Goldman Sachs Group started coverage on Skyworks Solutions in a report on Thursday, July 10th. They set a "sell" rating and a $70.00 price objective for the company. Arete Research upgraded Skyworks Solutions to a "strong-buy" rating in a report on Thursday, August 14th. Finally, Susquehanna upped their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. 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. According to MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $72.87.

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.