Skyworks Solutions, Inc. $SWKS Shares Acquired by Groupe la Francaise

Key Points

• Groupe la Francaise increased its holdings in Skyworks Solutions by 63.5% during the first quarter, owning 40,193 shares worth approximately $2.67 million.
• Skyworks Solutions announced a quarterly dividend increase to $0.71 per share, reflecting a 3.7% yield and a payout ratio of 113.60%.
• The company's stock has seen a recent analyst rating shift, with a consensus rating of "Reduce" and an average price target of $72.87.

Groupe la Francaise lifted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 63.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,193 shares of the semiconductor manufacturer's stock after buying an additional 15,608 shares during the period. Groupe la Francaise's holdings in Skyworks Solutions were worth $2,665,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. AlphaQuest LLC boosted its stake in shares of Skyworks Solutions by 182.0% during the first quarter. AlphaQuest LLC now owns 4,044 shares of the semiconductor manufacturer's stock worth $261,000 after buying an additional 2,610 shares during the period. Allstate Corp increased its stake in shares of Skyworks Solutions by 79.4% during the first quarter. Allstate Corp now owns 8,295 shares of the semiconductor manufacturer's stock worth $536,000 after acquiring an additional 3,672 shares during the period. Norinchukin Bank The increased its stake in shares of Skyworks Solutions by 14.6% during the first quarter. Norinchukin Bank The now owns 7,957 shares of the semiconductor manufacturer's stock worth $514,000 after acquiring an additional 1,012 shares during the period. CW Advisors LLC acquired a new position in shares of Skyworks Solutions during the first quarter worth about $553,000. Finally, EntryPoint Capital LLC increased its stake in shares of Skyworks Solutions by 22.1% during the first quarter. EntryPoint Capital LLC now owns 8,946 shares of the semiconductor manufacturer's stock worth $578,000 after acquiring an additional 1,620 shares during the period. Institutional investors and hedge funds own 85.43% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SWKS. Mizuho boosted their price target on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 1st. Citigroup boosted their price target on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Wall Street Zen lowered shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Saturday. Stifel Nicolaus boosted their price target on shares of Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a research note on Thursday, May 8th. Finally, UBS Group boosted their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. One 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 company. According to MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $72.87.

Skyworks Solutions Trading Up 3.7%

Shares of SWKS opened at $77.29 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The firm's 50-day moving average is $73.20 and its two-hundred day moving average is $68.45. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $110.76. The firm has a market capitalization of $11.47 billion, a P/E ratio of 30.92, a PEG ratio of 1.73 and a beta of 1.13.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping the consensus estimate 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 posted $1.21 earnings per share. The firm'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. On average, research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, August 26th. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.7%. Skyworks Solutions's dividend payout ratio (DPR) is currently 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.

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