Ieq Capital LLC Takes Position in Skyworks Solutions, Inc. $SWKS

Key Points

• Ieq Capital LLC has invested $2.02 million in Skyworks Solutions, acquiring 31,224 shares of the semiconductor manufacturer.
• Skyworks Solutions recently raised its quarterly dividend from $0.70 to $0.71 per share, indicating a strong financial performance with an annualized yield of 3.8%.
• Analysts have mixed ratings on Skyworks Solutions, with one strong buy, one buy, thirteen holds, and four sells, reflecting varied expectations for the stock's future performance.

Ieq Capital LLC purchased a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 31,224 shares of the semiconductor manufacturer's stock, valued at approximately $2,018,000.

Other hedge funds also recently made changes to their positions in the company. Mattson Financial Services LLC bought a new position in shares of Skyworks Solutions during the fourth quarter worth about $37,000. MassMutual Private Wealth & Trust FSB increased its holdings in Skyworks Solutions by 60.1% in the first 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. lifted its stake 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 buying an additional 631 shares during the period. Costello Asset Management INC boosted its holdings in shares of Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock worth $51,000 after buying an additional 300 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new stake in shares of Skyworks Solutions in the 4th quarter valued at $71,000. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Stock Performance

Shares of SWKS stock traded up $0.56 on Friday, hitting $75.20. 2,138,425 shares of the stock were exchanged, 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 firm has a market capitalization of $11.16 billion, a PE ratio of 30.08, a P/E/G ratio of 1.67 and a beta of 1.17. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $103.06. The firm's 50 day moving average is $73.63 and its two-hundred day moving average is $69.06.

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 the consensus estimate 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 return on equity of 11.77% and a net margin of 9.88%.The firm's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share 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. Stockholders of record on Tuesday, August 26th will be given a dividend of $0.71 per share. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, August 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. Skyworks Solutions's dividend payout ratio is currently 113.60%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SWKS. Susquehanna lifted their price objective on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Wall Street Zen upgraded Skyworks Solutions from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Mizuho boosted their price objective on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. 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. Finally, Cfra Research upgraded Skyworks Solutions to a "moderate sell" rating in a report on Wednesday, August 6th. 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 stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average 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.