Skyworks Solutions, Inc. $SWKS Stock Holdings Decreased by Wilmington Savings Fund Society FSB

Key Points

• Wilmington Savings Fund Society FSB decreased its holdings in Skyworks Solutions by 40.8% during the second quarter, bringing its total shares to 6,942 valued at approximately $517,000.
• Skyworks Solutions reported quarterly earnings of $1.33 per share, exceeding expectations, with revenues of $965 million, a 6.6% year-over-year increase.
• The company announced a quarterly dividend increase to $0.71 per share, representing an annual yield of 3.8%, with a dividend payout ratio of 113.60%.

Wilmington Savings Fund Society FSB lowered its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 40.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,942 shares of the semiconductor manufacturer's stock after selling 4,781 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Skyworks Solutions were worth $517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in Skyworks Solutions by 9.1% during the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer's stock valued at $13,152,000 after purchasing an additional 16,965 shares during the period. Perigon Wealth Management LLC grew its holdings in shares of Skyworks Solutions by 30.6% during the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer's stock valued at $255,000 after buying an additional 927 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Skyworks Solutions during the first quarter valued at $1,511,000. Envestnet Asset Management Inc. lifted its stake in Skyworks Solutions by 91.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer's stock worth $30,690,000 after acquiring an additional 226,938 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new stake in Skyworks Solutions during the 2nd quarter worth about $442,000. Institutional investors and hedge funds own 85.43% of the company's stock.

Skyworks Solutions Trading Up 1.1%

Shares of NASDAQ SWKS opened at $75.32 on Friday. The business has a 50 day simple moving average of $75.43 and a 200 day simple moving average of $70.81. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $99.27. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 2.57 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $965.00 million for the quarter, compared to analyst estimates 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 for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

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

Analyst Ratings Changes

SWKS has been the topic of a number of research reports. Weiss Ratings reiterated a "hold (c-)" rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Citigroup boosted their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a research report on Wednesday, August 6th. The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price for the company. Mizuho lifted their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Finally, UBS Group upped their price target 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. 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $71.87.

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.

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