Skyworks Solutions, Inc. $SWKS Stock Position Raised by Fifth Third Bancorp

Fifth Third Bancorp lifted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 77.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,550 shares of the semiconductor manufacturer's stock after buying an additional 15,945 shares during the period. Fifth Third Bancorp's holdings in Skyworks Solutions were worth $2,724,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its position in shares of Skyworks Solutions by 60.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock valued at $38,000 after buying an additional 223 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in shares of Skyworks Solutions by 450.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock valued at $50,000 after buying an additional 631 shares during the last quarter. Costello Asset Management INC grew its position in shares of Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock valued at $51,000 after buying an additional 300 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Skyworks Solutions during the 1st quarter valued at about $52,000. Finally, Ridgewood Investments LLC grew its position in shares of Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock valued at $56,000 after buying an additional 188 shares during the last quarter. Institutional investors own 85.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wall Street Zen cut shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research report on Monday, September 8th. Cfra Research upgraded shares of Skyworks Solutions to a "moderate sell" rating in a research report on Wednesday, August 6th. UBS Group upped their target price 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. Citigroup upped their target price 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. Finally, Mizuho upped their target price 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. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Reduce" and a consensus price target of $72.87.

Skyworks Solutions Trading Up 0.2%

Skyworks Solutions stock opened at $79.51 on Friday. The firm has a 50 day simple moving average of $74.07 and a 200-day simple moving average of $70.05. 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 stock has a market capitalization of $11.80 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 1.78 and a beta of 1.17. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $101.50.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. The business had revenue of $965.00 million during the quarter, compared to analysts' expectations of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business's revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm posted $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 expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 3.6%. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions's payout ratio is 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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