Skyworks Solutions, Inc. $SWKS Stake Lifted by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH has increased its stake in Skyworks Solutions by 131.1%, acquiring an additional 256,709 shares, bringing its total ownership to approximately $33.7 million.
• Skyworks Solutions recently declared a quarterly dividend of $0.71 per share, which is an increase from the previous $0.70, reflecting a 3.8% dividend yield.
• The company reported earnings of $1.33 per share for the last quarter, exceeding analyst expectations and showing a 6.6% year-over-year revenue growth.

Allianz Asset Management GmbH increased its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 131.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 452,452 shares of the semiconductor manufacturer's stock after acquiring an additional 256,709 shares during the period. Allianz Asset Management GmbH owned approximately 0.30% of Skyworks Solutions worth $33,717,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SWKS. Park Place Capital Corp boosted its holdings in shares of Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 141 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings 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 valued at $50,000 after acquiring an additional 631 shares in the last quarter. Costello Asset Management INC boosted its holdings 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 valued at $51,000 after acquiring an additional 300 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Skyworks Solutions in the first quarter valued at approximately $52,000. Finally, Ridgewood Investments LLC boosted its holdings in Skyworks Solutions by 27.9% during the first quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock worth $56,000 after buying an additional 188 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Stock Up 1.1%

SWKS stock opened at $75.32 on Friday. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $99.27. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The company has a market cap of $11.18 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 2.60 and a beta of 1.20. The company has a 50 day moving average of $75.43 and a two-hundred day moving average of $70.85.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 9.88% and a return on equity of 11.77%. The company's revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 EPS. 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 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a dividend of $0.71 per share. The ex-dividend date was Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's payout ratio is 113.60%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on SWKS shares. Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a report on Thursday, August 14th. Cfra Research upgraded shares of Skyworks Solutions to a "moderate sell" rating in a report on Wednesday, August 6th. Wall Street Zen upgraded shares of Skyworks Solutions from a "hold" rating to a "buy" rating in a report on Friday, October 3rd. Mizuho raised their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a report on Tuesday, July 1st. Finally, Loop Capital raised their target price on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a "hold" rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Skyworks Solutions currently has a consensus rating of "Reduce" and an average price target of $71.87.

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.

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