UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Grows Position in 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 raised its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 2.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,202,049 shares of the semiconductor manufacturer's stock after purchasing an additional 24,304 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.80% of Skyworks Solutions worth $77,688,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Skyworks Solutions by 2.0% during the first quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer's stock valued at $1,340,393,000 after buying an additional 397,638 shares in the last quarter. Pzena Investment Management LLC boosted its holdings in shares of Skyworks Solutions by 37.9% during the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer's stock valued at $501,716,000 after acquiring an additional 2,132,847 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Skyworks Solutions by 8.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock worth $355,922,000 after buying an additional 408,577 shares in the last quarter. Invesco Ltd. boosted its stake in Skyworks Solutions by 31.0% during the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after purchasing an additional 979,962 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Skyworks Solutions by 7.8% during the 1st quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer's stock valued at $160,729,000 after purchasing an additional 179,663 shares in the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $74.46 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The company has a market cap of $11.05 billion, a PE ratio of 29.78, a P/E/G ratio of 1.67 and a beta of 1.17. The business has a 50-day simple moving average of $73.44 and a two-hundred day simple moving average of $69.35. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $103.06.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $0.09. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $965.00 million for the quarter, compared to analyst estimates of $940.00 million. During the same quarter in the previous year, the company posted $1.21 earnings per share. The firm's revenue for the quarter 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. As a group, equities analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be paid a dividend of $0.71 per share. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.8%. Skyworks Solutions's dividend payout ratio (DPR) is currently 113.60%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Citigroup increased 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. The Goldman Sachs Group started coverage on shares of Skyworks Solutions in a research note on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price for the company. UBS Group raised 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. Cfra Research upgraded shares of Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. Finally, Susquehanna raised their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $72.87.

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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