UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Buys 24,304 Shares of Skyworks Solutions, Inc. $SWKS

Key Points

• UBS Asset Management increased its stake in Skyworks Solutions by 2.1%, owning over 1.2 million shares valued at approximately $77.7 million by the end of the first quarter.
• Skyworks reported earnings of $1.33 per share, exceeding analysts' expectations, with a revenue of $965 million for the quarter, up 6.6% year-over-year.
• The company announced a quarterly dividend of $0.71 per share, marking an increase from the previous dividend of $0.70, with a yield of 3.8%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 2.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,202,049 shares of the semiconductor manufacturer's stock after buying an additional 24,304 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.80% of Skyworks Solutions worth $77,688,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SWKS. Mattson Financial Services LLC purchased a new position in shares of Skyworks Solutions in the fourth quarter worth $37,000. MassMutual Private Wealth & Trust FSB raised its stake in Skyworks Solutions by 60.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 594 shares of the semiconductor manufacturer's stock valued at $38,000 after purchasing an additional 223 shares in the last quarter. Brown Lisle Cummings Inc. raised its stake in Skyworks Solutions by 450.7% during the first quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer's stock valued at $50,000 after purchasing an additional 631 shares in the last quarter. Costello Asset Management INC raised its stake in Skyworks Solutions by 61.1% during the first quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer's stock valued at $51,000 after purchasing an additional 300 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Skyworks Solutions during the first quarter valued at $52,000. Hedge funds and other institutional investors own 85.43% of the company's stock.

Skyworks Solutions Trading Up 3.4%

SWKS stock traded up $2.54 during mid-day trading on Thursday, reaching $77.03. 3,356,779 shares of the stock traded hands, compared to its average volume of 2,190,937. 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, Inc. has a one year low of $47.93 and a one year high of $101.50. The stock has a market capitalization of $11.43 billion, a PE ratio of 30.81, a PEG ratio of 1.67 and a beta of 1.17. The business has a 50-day moving average price of $73.22 and a two-hundred day moving average price of $69.58.

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 for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $965.00 million for the quarter, compared to analysts' expectations of $940.00 million. During the same quarter in the previous year, the business posted $1.21 earnings per share. The business's 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. Equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a $0.71 dividend. The ex-dividend date was Tuesday, August 26th. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.7%. Skyworks Solutions's dividend payout ratio (DPR) is currently 113.60%.

Analyst Ratings Changes

A number of research firms recently issued reports on SWKS. 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. Citigroup upped their price target on shares of Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. Mizuho upped their price target 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, Susquehanna upped their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $72.87.

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.