UniSuper Management Pty Ltd Increases Position in Skyworks Solutions, Inc. $SWKS

Key Points

• UniSuper Management Pty Ltd has increased its stake in Skyworks Solutions, Inc. by 10.0%, now owning 48,272 shares valued at approximately $3.12 million.
• Recent research ratings on Skyworks include a "sell" rating from The Goldman Sachs Group and a raised price target to $75.00 from UBS Group, with a consensus rating of "Reduce" and an average price target of $72.87.
• Skyworks Solutions reported quarterly earnings of $1.33 per share, surpassing estimates and reflecting a 6.6% year-over-year revenue increase, while also announcing a quarterly dividend increase to $0.71 per share.

UniSuper Management Pty Ltd grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 10.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,272 shares of the semiconductor manufacturer's stock after acquiring an additional 4,386 shares during the period. UniSuper Management Pty Ltd's holdings in Skyworks Solutions were worth $3,120,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Scientech Research LLC acquired a new position in shares of Skyworks Solutions during the first quarter worth $1,077,000. Nissay Asset Management Corp Japan ADV grew its stake in shares of Skyworks Solutions by 8.9% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 89,839 shares of the semiconductor manufacturer's stock worth $5,806,000 after purchasing an additional 7,322 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Skyworks Solutions by 188.2% during the first quarter. NewEdge Advisors LLC now owns 33,707 shares of the semiconductor manufacturer's stock worth $2,178,000 after purchasing an additional 22,011 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Skyworks Solutions by 51.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 272,388 shares of the semiconductor manufacturer's stock worth $17,604,000 after purchasing an additional 92,349 shares in the last quarter. Finally, Gotham Asset Management LLC grew its stake in shares of Skyworks Solutions by 87.2% during the first quarter. Gotham Asset Management LLC now owns 457,663 shares of the semiconductor manufacturer's stock worth $29,579,000 after purchasing an additional 213,141 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Skyworks Solutions Stock Performance

SWKS traded down $0.22 on Friday, reaching $74.46. The company had a trading volume of 2,140,364 shares, compared to its average volume of 2,111,663. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $103.06. The stock has a market capitalization 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 company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average price of $73.44 and a 200-day moving average price of $69.35.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $965.00 million during the quarter, compared to analysts' expectations of $940.00 million. During the same period in the previous year, the company earned $1.21 earnings per share. Skyworks Solutions's quarterly 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. As a group, research analysts forecast 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 issued a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, August 26th. This is a positive change 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 3.8%. Skyworks Solutions's dividend payout ratio is currently 113.60%.

Wall Street Analysts Forecast Growth

SWKS has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Wall Street Zen downgraded shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday, September 8th. Mizuho boosted their target price on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 1st. Arete Research raised shares of Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. Finally, The Goldman Sachs Group started coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They issued a "sell" rating and a $70.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Skyworks Solutions currently has an average rating of "Reduce" and an average target price 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.