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Sequoia Financial Advisors LLC Makes New $715,000 Investment in Skyworks Solutions, Inc. $SWKS

Skyworks Solutions logo with Computer and Technology background

Key Points

  • Sequoia Financial Advisors LLC has invested approximately $715,000 in Skyworks Solutions, acquiring a total of 9,596 shares of the semiconductor manufacturer.
  • Skyworks recently reported earnings of $1.33 EPS for the quarter, exceeding analysts' expectations, with a revenue of $965 million—a 6.6% increase from the same period last year.
  • The firm has announced a quarterly dividend of $0.71 per share, which represents an annualized yield of 3.8%, an increase from the previous quarterly dividend of $0.70.
  • Interested in Skyworks Solutions? Here are five stocks we like better.

Sequoia Financial Advisors LLC acquired a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 9,596 shares of the semiconductor manufacturer's stock, valued at approximately $715,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Pzena Investment Management LLC raised its position in shares of Skyworks Solutions by 57.3% in the 2nd quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer's stock valued at $909,714,000 after buying an additional 4,444,747 shares in the last quarter. Invesco Ltd. raised its position in shares of Skyworks Solutions by 31.0% in the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after buying an additional 979,962 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Skyworks Solutions in the 2nd quarter valued at approximately $67,841,000. AQR Capital Management LLC raised its position in shares of Skyworks Solutions by 89.3% in 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 buying an additional 565,065 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Skyworks Solutions by 8.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock valued at $355,922,000 after buying an additional 408,577 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Skyworks Solutions Price Performance

SWKS stock opened at $75.32 on Friday. The company has a 50 day simple moving average of $75.43 and a 200 day simple moving average of $70.85. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of 2.60 and a beta of 1.20. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $99.27. 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 posted its 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 net margin of 9.88% and a return on equity of 11.77%. The firm had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. During the same period in the previous year, the firm posted $1.21 EPS. The company's revenue for the quarter 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 fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, August 26th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's payout ratio is presently 113.60%.

Wall Street Analysts Forecast Growth

SWKS has been the subject of several analyst reports. UBS Group boosted their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. Weiss Ratings restated a "hold (c-)" rating on shares of Skyworks Solutions in a research report on Wednesday, October 8th. The Goldman Sachs Group began coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price for the company. Citigroup upped their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Finally, Mizuho upped their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus target price of $71.87.

Check Out Our Latest Stock Report on Skyworks Solutions

About Skyworks Solutions

(Free Report)

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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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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