Siemens Fonds Invest GmbH Has $1.96 Million Stock Holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS)

Siemens Fonds Invest GmbH raised its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 479.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,130 shares of the semiconductor manufacturer's stock after purchasing an additional 18,311 shares during the period. Siemens Fonds Invest GmbH's holdings in Skyworks Solutions were worth $1,962,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Barclays PLC boosted its stake in shares of Skyworks Solutions by 96.4% during the third quarter. Barclays PLC now owns 1,934,037 shares of the semiconductor manufacturer's stock valued at $191,023,000 after acquiring an additional 949,407 shares during the last quarter. Blue Trust Inc. boosted its stake in Skyworks Solutions by 53.9% in the 4th quarter. Blue Trust Inc. now owns 2,031 shares of the semiconductor manufacturer's stock worth $180,000 after buying an additional 711 shares during the last quarter. Twelve Points Wealth Management LLC boosted its stake in Skyworks Solutions by 70.6% in the 4th quarter. Twelve Points Wealth Management LLC now owns 28,573 shares of the semiconductor manufacturer's stock worth $2,534,000 after buying an additional 11,820 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Skyworks Solutions by 27.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 301,581 shares of the semiconductor manufacturer's stock worth $26,744,000 after acquiring an additional 64,534 shares during the last quarter. Finally, Forsta AP Fonden grew its holdings in Skyworks Solutions by 6.2% in the fourth quarter. Forsta AP Fonden now owns 39,500 shares of the semiconductor manufacturer's stock valued at $3,503,000 after purchasing an additional 2,300 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Stock Performance

Shares of NASDAQ SWKS traded down $0.92 during midday trading on Friday, reaching $68.58. 15,911,526 shares of the company traded hands, compared to its average volume of 3,001,583. The company has a market cap of $10.30 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 1.79 and a beta of 1.18. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.94 and a quick ratio of 4.73. The stock has a 50-day moving average price of $63.73 and a 200 day moving average price of $75.31. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $120.86.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor manufacturer reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.04. The business had revenue of $953.20 million during the quarter, compared to analysts' expectations of $951.50 million. Skyworks Solutions had a net margin of 13.02% and a return on equity of 12.60%. The business's revenue was down 8.9% on a year-over-year basis. During the same period last year, the firm posted $1.55 earnings per share. Sell-side analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, May 27th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Tuesday, May 27th. Skyworks Solutions's dividend payout ratio is presently 109.80%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Rosenblatt Securities reissued a "neutral" rating and set a $80.00 target price (down previously from $120.00) on shares of Skyworks Solutions in a research report on Thursday, February 6th. Needham & Company LLC restated a "hold" rating on shares of Skyworks Solutions in a report on Thursday, May 8th. Benchmark restated a "hold" rating on shares of Skyworks Solutions in a report on Thursday, February 6th. Mizuho lowered shares of Skyworks Solutions from an "outperform" rating to a "neutral" rating and cut their price target for the company from $105.00 to $62.00 in a report on Thursday, February 6th. Finally, Morgan Stanley cut their price target on shares of Skyworks Solutions from $87.00 to $72.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $78.29.

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.