US Bancorp DE Acquires 11,857 Shares of Skyworks Solutions, Inc. $SWKS

US Bancorp DE boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 29.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,520 shares of the semiconductor manufacturer's stock after buying an additional 11,857 shares during the period. US Bancorp DE's holdings in Skyworks Solutions were worth $3,914,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its stake in Skyworks Solutions by 9.1% during the first quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer's stock worth $13,152,000 after purchasing an additional 16,965 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in Skyworks Solutions by 30.6% during the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer's stock worth $255,000 after purchasing an additional 927 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in Skyworks Solutions during the first quarter worth about $1,511,000. Envestnet Asset Management Inc. lifted its stake in Skyworks Solutions by 91.5% during the first quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer's stock worth $30,690,000 after purchasing an additional 226,938 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in shares of Skyworks Solutions in the 2nd quarter valued at about $442,000. Institutional investors own 85.43% of the company's stock.

Skyworks Solutions Stock Up 6.1%

SWKS stock opened at $73.37 on Tuesday. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $101.50. The business's 50 day moving average price is $74.99 and its two-hundred day moving average price is $70.62. 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 capitalization of $10.89 billion, a price-to-earnings ratio of 29.35, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its earnings results 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 firm had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same quarter in the prior year, the business earned $1.21 EPS. The business's revenue for the quarter was up 6.6% on a year-over-year basis. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal 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 given a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, August 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.9%. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's payout ratio is presently 113.60%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Susquehanna boosted their target price on Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Wall Street Zen upgraded Skyworks Solutions from a "hold" rating to a "buy" rating in a report on Friday, October 3rd. Mizuho boosted their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. Citigroup boosted their price target on Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Finally, UBS Group boosted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus 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.

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