NewEdge Advisors LLC Has $2.18 Million Holdings in Skyworks Solutions, Inc. $SWKS

Key Points

• NewEdge Advisors LLC increased its stake in Skyworks Solutions, Inc. by 188.2% during the first quarter, now holding over $2 million worth of shares.
• Brokerage firm Citigroup raised its price target on Skyworks Solutions from $63 to $66 while maintaining a "sell" rating; multiple analysts have set targets ranging from $70 to $75.
• Skyworks Solutions announced a quarterly dividend increase to $0.71, representing a 3.8% dividend yield, with a payout ratio of 113.60%.

NewEdge Advisors LLC increased its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 188.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,707 shares of the semiconductor manufacturer's stock after buying an additional 22,011 shares during the quarter. NewEdge Advisors LLC's holdings in Skyworks Solutions were worth $2,178,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pzena Investment Management LLC boosted its stake in Skyworks Solutions by 37.9% during 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 purchasing an additional 2,132,847 shares in the last quarter. Invesco Ltd. boosted its position in shares of Skyworks Solutions by 31.0% during the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after purchasing an additional 979,962 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Skyworks Solutions by 89.3% during the 1st quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer's stock valued at $76,416,000 after purchasing an additional 565,065 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in Skyworks Solutions by 1,844.2% during the first quarter. Assenagon Asset Management S.A. now owns 447,727 shares of the semiconductor manufacturer's stock worth $28,937,000 after buying an additional 424,698 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Skyworks Solutions by 8.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock worth $355,922,000 after buying an additional 408,577 shares in the last quarter. 85.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Susquehanna increased their price target on 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 raised their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. Mizuho raised their price objective 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. Wall Street Zen lowered shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday, September 8th. Finally, Citigroup lifted their target price on shares of Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. One investment 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 given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $72.87.

Skyworks Solutions Stock Up 0.2%

Shares of SWKS stock traded up $0.13 on Wednesday, hitting $74.35. The company's stock had a trading volume of 291,147 shares, compared to its average volume of 3,323,280. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $101.50. The firm's fifty day moving average price is $73.30 and its 200-day moving average price is $69.46. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 29.73, a P/E/G ratio of 1.63 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced 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. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $965.00 million during the quarter, compared to analysts' expectations of $940.00 million. During the same quarter in the previous year, the firm earned $1.21 earnings per share. The business'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. Research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were paid a $0.71 dividend. The ex-dividend date was Tuesday, August 26th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. Skyworks Solutions's dividend payout ratio is presently 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.