OMERS ADMINISTRATION Corp Has $1.59 Million Stock Holdings in Skyworks Solutions, Inc. $SWKS

Key Points

• OMERS ADMINISTRATION Corp increased its stake in Skyworks Solutions by 31.7%, owning a total of 24,587 shares valued at $1,589,000 after acquiring additional shares in the first quarter.
• Skyworks Solutions has received multiple upgrades from analysts, including a "strong-buy" rating by Arete Research and price target increases from various firms, reflecting a consensus rating of "Reduce" with a target of $72.87.
• The company recently declared a quarterly dividend of $0.71, an increase from the previous dividend, representing a 3.8% yield and reflecting confidence in its financial health.

OMERS ADMINISTRATION Corp boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 31.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,587 shares of the semiconductor manufacturer's stock after purchasing an additional 5,923 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Skyworks Solutions were worth $1,589,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SWKS. Susquehanna increased 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. Barclays increased their price objective on shares of Skyworks Solutions from $45.00 to $52.00 and gave the company an "underweight" rating in a research note on Thursday, May 8th. Stifel Nicolaus upped their target price on shares of Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a report on Thursday, May 8th. Arete Research raised shares of Skyworks Solutions to a "strong-buy" rating in a report on Thursday, August 14th. Finally, The Goldman Sachs Group started 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 equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, Skyworks Solutions presently has a consensus rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Price Performance

NASDAQ:SWKS traded up $1.08 during mid-day trading on Thursday, reaching $74.64. 2,279,462 shares of the company were exchanged, compared to its average volume of 3,378,320. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $103.53. The company has a fifty day moving average of $73.62 and a 200 day moving average of $68.95. 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 cap of $11.08 billion, a PE ratio of 29.86, a PEG ratio of 1.68 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its 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. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same period in the prior year, the company posted $1.21 EPS. The company's 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. On average, research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be given a $0.71 dividend. The ex-dividend date is Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. 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.