Swedbank AB Lowers Position in Skyworks Solutions, Inc. $SWKS

Key Points

• Swedbank AB has significantly decreased its stake in Skyworks Solutions, Inc. by 87.2%, now owning approximately 0.09% of the company valued at $8.98 million.
• Despite recent cuts, institutional investors still hold 85.43% of Skyworks Solutions' stock, indicating strong institutional support.
• The company recently increased its quarterly dividend from $0.70 to $0.71, reflecting a 3.9% dividend yield on an annualized basis.

Swedbank AB lowered its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 87.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,952 shares of the semiconductor manufacturer's stock after selling 948,319 shares during the period. Swedbank AB owned 0.09% of Skyworks Solutions worth $8,980,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SWKS. Horizon Investments LLC raised its stake in shares of Skyworks Solutions by 2.8% during the first quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer's stock valued at $349,000 after acquiring an additional 146 shares during the last quarter. Keeley Teton Advisors LLC raised its stake in shares of Skyworks Solutions by 1.1% during the first quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer's stock valued at $1,096,000 after acquiring an additional 178 shares during the last quarter. Ridgewood Investments LLC raised its stake in shares of Skyworks Solutions by 27.9% during the first quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock valued at $56,000 after acquiring an additional 188 shares during the last quarter. Inspire Advisors LLC raised its stake in shares of Skyworks Solutions by 1.3% during the first quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer's stock valued at $952,000 after acquiring an additional 194 shares during the last quarter. Finally, Albert D Mason Inc. raised its stake in shares of Skyworks Solutions by 1.8% during the first quarter. Albert D Mason Inc. now owns 12,245 shares of the semiconductor manufacturer's stock valued at $791,000 after acquiring an additional 215 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Wall Street Analysts Forecast Growth

SWKS has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday, September 8th. Cfra Research raised shares of Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. 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 note on Monday, July 21st. Arete Research raised shares of Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. Finally, Susquehanna lifted their target price on shares of 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 assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus price target of $72.87.

Skyworks Solutions Trading Up 2.5%

NASDAQ SWKS traded up $1.92 during trading on Friday, hitting $78.95. The company had a trading volume of 8,990,565 shares, compared to its average volume of 2,290,285. 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 company's fifty day moving average is $73.30 and its 200-day moving average is $69.66. The company has a market cap of $11.72 billion, a price-to-earnings ratio of 31.58, a price-to-earnings-growth ratio of 1.73 and a beta of 1.17. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $101.50.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $940.00 million. During the same period last year, the business earned $1.21 EPS. Skyworks Solutions'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. On average, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Tuesday, August 26th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's dividend payout ratio (DPR) is 113.60%.

Skyworks Solutions Company 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.