Quantitative Investment Management LLC Buys Shares of 17,226 Skyworks Solutions, Inc. $SWKS

Key Points

• Quantitative Investment Management LLC has acquired 17,226 shares of Skyworks Solutions, Inc., amounting to approximately $1,113,000 in value during the first quarter.
• The recent earnings results showed that Skyworks Solutions reported an EPS of $1.33, exceeding analyst estimates and indicating a 6.6% year-over-year revenue growth.
• Skyworks Solutions announced an increase in its quarterly dividend from $0.70 to $0.71, representing a 3.7% yield, with the ex-dividend date set for August 26th.

Quantitative Investment Management LLC bought a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,226 shares of the semiconductor manufacturer's stock, valued at approximately $1,113,000.

Other large investors have also made changes to their positions in the company. Mattson Financial Services LLC purchased a new position in shares of Skyworks Solutions during the fourth quarter worth $37,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Skyworks Solutions by 60.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock worth $38,000 after buying an additional 223 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of Skyworks Solutions by 450.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock worth $50,000 after buying an additional 631 shares in the last quarter. Costello Asset Management INC boosted its stake in shares of Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock worth $51,000 after acquiring an additional 300 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Skyworks Solutions during the 1st quarter worth approximately $52,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays boosted their price target on Skyworks Solutions from $45.00 to $52.00 and gave the company an "underweight" rating in a report on Thursday, May 8th. Needham & Company LLC reiterated a "hold" rating on shares of Skyworks Solutions in a report on Thursday, May 8th. Mizuho increased their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. The Goldman Sachs Group started coverage on Skyworks Solutions in a research note on Thursday, July 10th. They set a "sell" rating and a $70.00 target price for the company. Finally, 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. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus target price of $72.87.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $77.29 on Monday. The company has a market cap of $11.47 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 1.73 and a beta of 1.13. The firm's 50-day moving average is $73.20 and its 200-day moving average is $68.47. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $110.76. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced 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 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 analyst estimates of $940.00 million. During the same period in the prior year, the business earned $1.21 earnings per share. Skyworks Solutions's quarterly revenue 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 anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed 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 positive change from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, August 26th. This represents a $2.84 annualized dividend and a yield of 3.7%. Skyworks Solutions's dividend payout ratio is presently 112.00%.

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.

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