Jones Financial Companies Lllp Purchases 12,663 Shares of Skyworks Solutions, Inc. $SWKS

Key Points

• Jones Financial Companies Lllp significantly increased its holdings in Skyworks Solutions, Inc. by 122.3%, acquiring an additional 12,663 shares, bringing its total ownership to 23,014 shares valued at approximately $1.487 million.
• Skyworks Solutions recently raised its quarterly dividend to $0.71, resulting in an annualized yield of 3.8%, with the ex-dividend date set for August 26th.
• Despite a mix of ratings from analytic firms, the consensus average target price for Skyworks Solutions is $72.87, indicating cautious sentiment towards the stock's performance.

Jones Financial Companies Lllp lifted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 122.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,014 shares of the semiconductor manufacturer's stock after buying an additional 12,663 shares during the quarter. Jones Financial Companies Lllp's holdings in Skyworks Solutions were worth $1,487,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SWKS. Dynamic Technology Lab Private Ltd bought a new position in Skyworks Solutions during the 1st quarter worth approximately $935,000. UniSuper Management Pty Ltd increased its holdings in Skyworks Solutions by 10.0% during the first quarter. UniSuper Management Pty Ltd now owns 48,272 shares of the semiconductor manufacturer's stock worth $3,120,000 after buying an additional 4,386 shares during the last quarter. Scientech Research LLC acquired a new position in Skyworks Solutions during the first quarter worth $1,077,000. Nissay Asset Management Corp Japan ADV increased its holdings in Skyworks Solutions by 8.9% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 89,839 shares of the semiconductor manufacturer's stock worth $5,806,000 after buying an additional 7,322 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Skyworks Solutions by 188.2% during the first quarter. NewEdge Advisors LLC now owns 33,707 shares of the semiconductor manufacturer's stock worth $2,178,000 after buying an additional 22,011 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They issued a "sell" rating and a $70.00 price objective on the stock. UBS Group upped their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Wall Street Zen downgraded shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a report on Monday, September 8th. Arete Research raised shares of Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. Finally, Susquehanna boosted their target price 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. 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Trading Down 0.3%

SWKS opened at $74.46 on Friday. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $103.06. The company has a 50-day simple moving average of $73.44 and a 200 day simple moving average of $69.33. 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 stock has a market capitalization of $11.05 billion, a price-to-earnings ratio of 29.78, a P/E/G ratio of 1.67 and a beta of 1.17.

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 for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $965.00 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. This is an increase 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 (DPR) is currently 113.60%.

Skyworks Solutions 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.

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