Universal Beteiligungs und Servicegesellschaft mbH Reduces Holdings in Skyworks Solutions, Inc. $SWKS

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 35.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,135 shares of the semiconductor manufacturer's stock after selling 31,178 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Skyworks Solutions were worth $3,679,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SWKS. United Services Automobile Association purchased a new position in shares of Skyworks Solutions during the first quarter worth about $236,000. Focus Partners Wealth grew its holdings in shares of Skyworks Solutions by 99.0% during the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer's stock worth $611,000 after purchasing an additional 4,702 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Skyworks Solutions by 137.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer's stock worth $171,000 after purchasing an additional 1,330 shares during the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Skyworks Solutions during the second quarter worth about $259,000. Finally, Gabelli Funds LLC purchased a new position in shares of Skyworks Solutions during the second quarter worth about $1,004,000. Hedge funds and other institutional investors own 85.43% of the company's stock.

Wall Street Analysts Forecast Growth

SWKS has been the topic of several research reports. Zacks Research lowered Skyworks Solutions from a "strong-buy" rating to a "hold" rating in a report on Monday, February 16th. Stifel Nicolaus reaffirmed a "hold" rating and set a $65.00 price objective (down from $72.00) on shares of Skyworks Solutions in a report on Wednesday, February 4th. UBS Group dropped their price objective on Skyworks Solutions from $63.00 to $58.00 and set a "neutral" rating on the stock in a report on Wednesday, February 4th. KeyCorp lowered their price target on Skyworks Solutions from $105.00 to $75.00 and set an "overweight" rating on the stock in a report on Wednesday, February 4th. Finally, Barclays raised Skyworks Solutions from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $60.00 to $70.00 in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Skyworks Solutions has a consensus rating of "Hold" and a consensus price target of $70.28.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $62.66 on Thursday. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52-week low of $51.93 and a 52-week high of $90.90. The business's 50-day moving average price is $57.13 and its 200 day moving average price is $62.67. The firm has a market cap of $9.42 billion, a P/E ratio of 24.10 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same quarter last year, the company posted $1.60 earnings per share. The business's revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, equities research analysts expect that Skyworks Solutions, Inc. will post 3.25 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, February 24th. Skyworks Solutions's payout ratio is currently 109.23%.

Skyworks Solutions Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company's portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.