NewEdge Advisors LLC Increases Stock 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 raised its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 188.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,707 shares of the semiconductor manufacturer's stock after acquiring 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.

A number of other large investors also recently bought and sold shares of the stock. Horizon Investments LLC lifted its holdings in Skyworks Solutions by 2.8% in the first quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer's stock valued at $349,000 after acquiring an additional 146 shares during the period. Keeley Teton Advisors LLC lifted its holdings in Skyworks Solutions by 1.1% in the first quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer's stock valued at $1,096,000 after acquiring an additional 178 shares during the period. Ridgewood Investments LLC lifted its holdings in Skyworks Solutions by 27.9% in the first quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock valued at $56,000 after acquiring an additional 188 shares during the period. Inspire Advisors LLC raised its stake in shares of Skyworks Solutions by 1.3% during the 1st quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer's stock worth $952,000 after buying an additional 194 shares during the period. Finally, Albert D Mason Inc. raised its stake in shares of Skyworks Solutions by 1.8% during the 1st quarter. Albert D Mason Inc. now owns 12,245 shares of the semiconductor manufacturer's stock worth $791,000 after buying an additional 215 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wall Street Zen downgraded Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday, September 8th. Citigroup upped their target price on Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Mizuho upped their target price on Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 1st. UBS Group upped their target price on Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Finally, Arete Research raised Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. One 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. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $72.87.

Skyworks Solutions Price Performance

NASDAQ SWKS traded down $0.22 during mid-day trading on Friday, hitting $74.46. The stock had a trading volume of 2,140,364 shares, compared to its average volume of 2,111,663. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $103.06. The stock has a market capitalization of $11.05 billion, a price-to-earnings ratio of 29.78, a PEG ratio of 1.67 and a beta of 1.17. The firm's 50 day moving average is $73.44 and its 200 day moving average is $69.35. 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 (NASDAQ:SWKS - Get Free Report) last issued its earnings results 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. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. During the same period last year, the company earned $1.21 EPS. The company's revenue for the quarter was up 6.6% on a year-over-year basis. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities research analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share 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. Shareholders of record on Tuesday, August 26th will be paid 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 is Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. Skyworks Solutions's dividend payout ratio is 113.60%.

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.