Skyworks Solutions, Inc. $SWKS Shares Purchased by Korea Investment CORP

Key Points

• Korea Investment CORP increased its stake in Skyworks Solutions by 24.2%, owning approximately 93,909 shares worth $6,069,000 after purchasing an additional 18,300 shares in Q1.
• Skyworks Solutions recently declared a quarterly dividend of $0.71, an increase from its previous dividend of $0.70, representing an annual yield of 3.7%.
• The company reported $1.33 earnings per share for the last quarter, exceeding the consensus estimate by $0.09, along with a revenue rise of 6.6% year-over-year.

Korea Investment CORP boosted its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 24.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,909 shares of the semiconductor manufacturer's stock after purchasing an additional 18,300 shares during the quarter. Korea Investment CORP owned approximately 0.06% of Skyworks Solutions worth $6,069,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SWKS. MetLife Investment Management LLC increased its stake in Skyworks Solutions by 1.8% in the fourth quarter. MetLife Investment Management LLC now owns 42,286 shares of the semiconductor manufacturer's stock valued at $3,750,000 after purchasing an additional 743 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in Skyworks Solutions by 29.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,586 shares of the semiconductor manufacturer's stock valued at $141,000 after purchasing an additional 359 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in Skyworks Solutions by 25.9% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 16,646 shares of the semiconductor manufacturer's stock valued at $1,476,000 after purchasing an additional 3,420 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Skyworks Solutions by 8.5% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 63,297 shares of the semiconductor manufacturer's stock worth $5,609,000 after acquiring an additional 4,938 shares during the last quarter. Finally, Coldstream Capital Management Inc. increased its stake in Skyworks Solutions by 10.9% during the fourth quarter. Coldstream Capital Management Inc. now owns 23,917 shares of the semiconductor manufacturer's stock worth $2,121,000 after acquiring an additional 2,343 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on SWKS. Citigroup upped their price target on Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Stifel Nicolaus upped their price target on Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a research note on Thursday, May 8th. Cfra Research upgraded Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. dropped their price target on Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating for the company in a research note on Thursday, May 8th. Finally, Susquehanna upped their price target on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Skyworks Solutions has a consensus rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $77.29 on Friday. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $110.76. The business has a 50-day moving average of $73.20 and a 200-day moving average of $68.58. 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 company has a market capitalization of $11.47 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 1.67 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. The company had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company's revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, equities analysts anticipate 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 issued a $0.71 dividend. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, August 26th. Skyworks Solutions's dividend payout ratio (DPR) is currently 112.00%.

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.

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