Fjarde AP Fonden Fourth Swedish National Pension Fund Reduces Position in Skyworks Solutions, Inc. $SWKS

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund has reduced its stake in Skyworks Solutions, Inc. by 39.9%, now holding $1.12 million worth of stock after selling 11,500 shares.
• Skyworks Solutions announced a quarterly dividend of $0.71 per share, reflecting a boost from the previous dividend and resulting in an annual yield of 3.8%.
• Analysts have provided mixed ratings on Skyworks Solutions, with a consensus rating of "Hold" and a target price of $72.87 amidst varying price targets from several financial institutions.

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 39.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,300 shares of the semiconductor manufacturer's stock after selling 11,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Skyworks Solutions were worth $1,118,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC bought a new position in Skyworks Solutions during the 4th quarter worth $37,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Skyworks Solutions by 60.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock worth $38,000 after purchasing an additional 223 shares in the last quarter. Brown Lisle Cummings Inc. increased its position in shares of Skyworks Solutions by 450.7% during the first quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock worth $50,000 after acquiring an additional 631 shares in the last quarter. Costello Asset Management INC raised its holdings in shares of Skyworks Solutions by 61.1% in the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock worth $51,000 after acquiring an additional 300 shares during the last quarter. Finally, Ameriflex Group Inc. acquired a new position in Skyworks Solutions during the 4th quarter valued at about $71,000. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS traded up $0.19 during midday trading on Wednesday, hitting $75.12. 2,393,508 shares of the company's stock were exchanged, compared to its average volume of 2,650,997. The business's fifty day moving average price is $73.02 and its two-hundred day moving average price is $68.71. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 30.05, a PEG ratio of 1.68 and a beta of 1.13. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $110.76. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (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 the consensus estimate of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm's revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, research analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend 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 payout ratio is 112.00%.

Wall Street Analyst Weigh In

SWKS has been the subject of a number of analyst reports. The Goldman Sachs Group started 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. Susquehanna raised their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. UBS Group upped their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. JPMorgan Chase & Co. decreased their price objective on shares of Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating for the company in a research note on Thursday, May 8th. Finally, Wall Street Zen upgraded Skyworks Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. One research 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 assigned a Sell rating to the stock. According to data from MarketBeat, Skyworks Solutions has a consensus rating of "Reduce" and an average target price 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.