Skyworks Solutions, Inc. $SWKS Shares Sold by QRG Capital Management Inc.

Key Points

• QRG Capital Management Inc. reduced its stake in Skyworks Solutions by 72.8%, ending the quarter with 4,269 shares valued at approximately $318,000.
• Skyworks Solutions recently announced a quarterly dividend increase from $0.70 to $0.71 per share, representing an annualized yield of 4.1%, despite a payout ratio of 113.60%.
• Several analysts have varied ratings on Skyworks Solutions, with a consensus price target of $72.87, indicating mixed outlooks on the stock's performance.

QRG Capital Management Inc. reduced its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 72.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,269 shares of the semiconductor manufacturer's stock after selling 11,422 shares during the quarter. QRG Capital Management Inc.'s holdings in Skyworks Solutions were worth $318,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Park Place Capital Corp raised its stake in Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 141 shares in the last quarter. Horizon Investments LLC raised its stake in Skyworks Solutions by 2.8% during the 1st quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer's stock worth $349,000 after acquiring an additional 146 shares in the last quarter. Keeley Teton Advisors LLC raised its stake in Skyworks Solutions by 1.1% during the 1st quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer's stock worth $1,096,000 after acquiring an additional 178 shares in the last quarter. Ridgewood Investments LLC raised its stake in Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock worth $56,000 after acquiring an additional 188 shares in the last quarter. Finally, Inspire Advisors LLC raised its stake in Skyworks Solutions by 1.3% during the 1st quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer's stock worth $952,000 after acquiring an additional 194 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Arete Research raised shares of Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. UBS Group raised their price objective 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. The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They set a "sell" rating and a $70.00 price objective on the stock. Mizuho raised their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 1st. Finally, Citigroup raised their price objective 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. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Skyworks Solutions currently has a consensus rating of "Reduce" and a consensus price target of $72.87.

Skyworks Solutions Stock Down 6.1%

Shares of NASDAQ:SWKS opened at $69.16 on Friday. The company has a market cap of $10.27 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 2.39 and a beta of 1.20. The firm's 50-day simple moving average is $74.89 and its 200-day simple moving average is $70.53. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. 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 issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. The business had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.21 earnings per share. 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 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were issued a dividend of $0.71 per share. 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 4.1%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions's payout ratio is presently 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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