National Pension Service Sells 287,575 Shares of Skyworks Solutions, Inc. $SWKS

Key Points

• The National Pension Service reduced its stake in Skyworks Solutions, Inc. by 76.9% in the first quarter, leaving it with approximately 86,408 shares valued at $5.585 million.
• Analysts have varied opinions on the stock, with a consensus rating of "Hold" and an average price target of $72.87, following recent adjustments to price targets from firms like Mizuho and Citigroup.
• Skyworks Solutions announced a quarterly dividend increase to $0.71, yielding 3.8%, with the next payment scheduled for September 16th to investors of record by August 26th.

National Pension Service trimmed its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 76.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,408 shares of the semiconductor manufacturer's stock after selling 287,575 shares during the quarter. National Pension Service owned about 0.06% of Skyworks Solutions worth $5,585,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Mattson Financial Services LLC purchased a new position in shares of Skyworks Solutions during the fourth quarter worth about $37,000. MassMutual Private Wealth & Trust FSB grew its stake in Skyworks Solutions by 60.1% in the 1st 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 in the last quarter. Brown Lisle Cummings Inc. grew its stake in Skyworks Solutions by 450.7% in 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 increased its holdings in shares of Skyworks Solutions by 61.1% in the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock worth $51,000 after buying an additional 300 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Skyworks Solutions during the 1st quarter valued at $52,000. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Trading Up 0.3%

SWKS traded up $0.19 during trading on Wednesday, hitting $75.12. 2,388,788 shares of the stock traded hands, compared to its average volume of 3,459,250. The firm has a market capitalization of $11.15 billion, a P/E ratio of 30.05, a price-to-earnings-growth ratio of 1.66 and a beta of 1.13. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $110.76. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The firm has a 50-day moving average of $72.98 and a 200 day moving average of $68.67.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $965.00 million for the quarter, compared to analysts' expectations of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.21 earnings per share. 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 EPS for the current year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be issued a dividend of $0.71 per share. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Tuesday, August 26th. Skyworks Solutions's dividend payout ratio is currently 112.00%.

Analysts Set New Price Targets

SWKS has been the subject of several research reports. JPMorgan Chase & Co. cut their target price on shares of Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Citigroup upped their price objective on Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. Cfra Research raised Skyworks Solutions to a "moderate sell" rating in a report on Wednesday, August 6th. Susquehanna boosted their target price on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Finally, Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $72.87.

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.