Kestra Investment Management LLC Has $4.44 Million Stock Holdings in Skyworks Solutions, Inc. $SWKS

Key Points

• Kestra Investment Management LLC significantly increased its stake in Skyworks Solutions, acquiring an additional 61,625 shares, bringing its total holdings to 68,651 shares valued at $4.44 million.
• Skyworks Solutions recently reported stronger-than-expected quarterly earnings, with an EPS of $1.33, surpassing the consensus estimate of $1.24 and achieving a revenue of $965 million.
• The company declared a quarterly dividend increase to $0.71, effective September 16th, representing a yield of 3.8% and a payout ratio of 113.60%.

Kestra Investment Management LLC lifted its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 877.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,651 shares of the semiconductor manufacturer's stock after buying an additional 61,625 shares during the period. Kestra Investment Management LLC's holdings in Skyworks Solutions were worth $4,437,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mattson Financial Services LLC bought a new stake in Skyworks Solutions in the 4th quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Skyworks Solutions by 60.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock valued at $38,000 after purchasing an additional 223 shares during the last quarter. Brown Lisle Cummings Inc. lifted its position in shares of Skyworks Solutions by 450.7% in the first quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock worth $50,000 after purchasing an additional 631 shares in the last quarter. Costello Asset Management INC lifted its position in shares of Skyworks Solutions by 61.1% in the first quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock worth $51,000 after purchasing an additional 300 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in Skyworks Solutions during the first quarter worth $52,000. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Stock Performance

Shares of NASDAQ:SWKS traded down $1.46 during trading on Wednesday, reaching $73.60. 2,820,069 shares of the stock were exchanged, compared to its average volume of 3,354,669. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $103.06. The stock has a 50-day moving average price of $73.61 and a 200-day moving average price of $69.19. 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 has a market cap of $10.92 billion, a PE ratio of 29.44, a PEG ratio of 1.69 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly 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. The business had revenue of $965.00 million during the quarter, compared to analysts' expectations of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the firm posted $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 3.9%. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, August 26th. Skyworks Solutions's dividend payout ratio is currently 113.60%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday. Susquehanna raised their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a report on Tuesday, July 22nd. Citigroup upped their target price on Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. UBS Group raised their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Finally, Arete Research raised Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $72.87.

Skyworks Solutions Profile

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.