Family Legacy Financial Solutions LLC Invests $904,000 in Skyworks Solutions, Inc. $SWKS

Key Points

• Family Legacy Financial Solutions LLC acquired 11,792 shares of Skyworks Solutions, Inc., valued at approximately $904,000, during the second quarter, making it the 26th largest position in their portfolio.
• Recent analyst reports have shown mixed ratings on Skyworks, with a consensus rating of "Reduce" and a price target averaging $72.87.
• Skyworks Solutions recently increased its quarterly dividend from $0.70 to $0.71 per share, representing a yield of 3.8%.

Family Legacy Financial Solutions LLC acquired a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,792 shares of the semiconductor manufacturer's stock, valued at approximately $904,000. Skyworks Solutions makes up 0.8% of Family Legacy Financial Solutions LLC's investment portfolio, making the stock its 26th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Mattson Financial Services LLC purchased a new stake in shares of Skyworks Solutions during the fourth quarter valued at $37,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Skyworks Solutions by 60.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock valued at $38,000 after buying an additional 223 shares during the last quarter. Brown Lisle Cummings Inc. boosted its holdings in Skyworks Solutions by 450.7% in the first quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock valued at $50,000 after purchasing an additional 631 shares during the last quarter. Costello Asset Management INC boosted its holdings in Skyworks Solutions by 61.1% in the first quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock valued at $51,000 after purchasing an additional 300 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in Skyworks Solutions in the fourth quarter valued at $71,000. Hedge funds and other institutional investors own 85.43% of the company's stock.

Skyworks Solutions Trading Up 5.3%

Shares of SWKS traded up $4.17 on Monday, hitting $83.12. 2,161,194 shares of the stock traded hands, compared to its average volume of 3,359,853. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $12.34 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.77 and a beta of 1.17. The stock's 50 day moving average is $73.30 and its two-hundred day moving average is $69.70. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $101.50.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $965.00 million for the quarter, compared to the consensus estimate 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 was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, sell-side 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 was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued 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 3.4%. Skyworks Solutions's dividend payout ratio (DPR) is presently 113.60%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SWKS. Mizuho increased their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 1st. The Goldman Sachs Group began coverage on shares of Skyworks Solutions in a research note on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price on the stock. Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a report on Thursday, August 14th. Citigroup increased their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Finally, UBS Group raised their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $72.87.

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.