Nissay Asset Management Corp Japan ADV Buys 7,322 Shares of Skyworks Solutions, Inc. $SWKS

Key Points

• Nissay Asset Management Corp Japan ADV increased its holdings in Skyworks Solutions by 8.9% in the first quarter, now owning approximately 89,839 shares valued at $5.8 million.
• Skyworks Solutions recently increased its quarterly dividend from $0.70 to $0.71 per share, resulting in an annualized yield of 3.8%.
• Analysts have mixed ratings for Skyworks Solutions, with a consensus rating of "Reduce" and an average price target of $72.87.

Nissay Asset Management Corp Japan ADV boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 8.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 89,839 shares of the semiconductor manufacturer's stock after buying an additional 7,322 shares during the quarter. Nissay Asset Management Corp Japan ADV owned approximately 0.06% of Skyworks Solutions worth $5,806,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Mattson Financial Services LLC bought a new stake in Skyworks Solutions during the fourth quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Skyworks Solutions by 60.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock valued at $38,000 after purchasing an additional 223 shares in the last quarter. Brown Lisle Cummings Inc. lifted its holdings in Skyworks Solutions by 450.7% during the first quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock valued at $50,000 after purchasing an additional 631 shares in the last quarter. Costello Asset Management INC lifted its holdings in Skyworks Solutions by 61.1% during the first quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock valued at $51,000 after purchasing an additional 300 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Skyworks Solutions during the first quarter valued at approximately $52,000. 85.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SWKS has been the topic of several analyst reports. Citigroup lifted their price target on shares of Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Wall Street Zen raised shares of Skyworks Solutions from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Mizuho boosted their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a report on Tuesday, July 1st. UBS Group boosted 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. Finally, The Goldman Sachs Group began coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price on the stock. 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 company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $72.87.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $75.20 on Friday. The company has a market cap of $11.16 billion, a price-to-earnings ratio of 30.08, a PEG ratio of 1.68 and a beta of 1.17. The firm's fifty day moving average is $73.63 and its 200 day moving average is $69.07. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $103.06.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $965.00 million for 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%. Skyworks Solutions's revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Sell-side 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. Investors of record on Tuesday, August 26th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is 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 yield of 3.8%. Skyworks Solutions's payout ratio is currently 113.60%.

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.

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