Skyworks Solutions, Inc. $SWKS Shares Purchased by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS increased its holdings in Skyworks Solutions by 52.3% during Q2, owning 149,600 shares valued at approximately $11.15 million.
• Skyworks Solutions reported a net revenue increase of 6.6% year-over-year for the quarter with earnings of $1.33 per share, surpassing expectations.
• The company raised its quarterly dividend to $0.71 per share, representing a 3.9% yield, with a payout ratio of 113.60%.

KLP Kapitalforvaltning AS boosted its position in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 52.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,600 shares of the semiconductor manufacturer's stock after buying an additional 51,373 shares during the quarter. KLP Kapitalforvaltning AS owned 0.10% of Skyworks Solutions worth $11,148,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Skyworks Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer's stock worth $1,340,393,000 after acquiring an additional 397,638 shares in the last quarter. Pzena Investment Management LLC grew its holdings in Skyworks Solutions by 37.9% during the 1st quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer's stock worth $501,716,000 after acquiring an additional 2,132,847 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock worth $355,922,000 after acquiring an additional 408,577 shares in the last quarter. Invesco Ltd. grew its holdings in Skyworks Solutions by 31.0% during the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock worth $267,675,000 after acquiring an additional 979,962 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in Skyworks Solutions by 7.8% during the 1st quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer's stock worth $160,729,000 after acquiring an additional 179,663 shares in the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Stock Performance

Skyworks Solutions stock opened at $73.64 on Friday. The firm's 50 day simple moving average is $74.86 and its 200-day simple moving average is $70.50. The company has a market cap of $10.93 billion, a P/E ratio of 29.46, a price-to-earnings-growth ratio of 2.63 and a beta of 1.20. 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, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $101.50.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released 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 business had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same period last year, the firm posted $1.21 earnings per share. The firm's quarterly revenue 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. As a group, equities research analysts predict 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 was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were given a $0.71 dividend. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions's payout ratio is presently 113.60%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SWKS shares. Cfra Research raised shares of Skyworks Solutions to a "moderate sell" rating in a report on Wednesday, August 6th. 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 report on Wednesday, August 6th. Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. Susquehanna boosted their target price on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Finally, UBS Group lifted their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, Skyworks Solutions presently has a consensus rating of "Reduce" and a consensus 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.

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