Versor Investments LP Trims Holdings in Skyworks Solutions, Inc. $SWKS

Key Points

• Versor Investments LP has reduced its stake in Skyworks Solutions by 47.2%, owning 12,205 shares valued at $789,000 after selling 10,898 shares.
• Several institutional investors, including Vanguard Group and Pzena Investment Management, significantly increased their holdings in Skyworks Solutions during the 1st quarter.
• Skyworks Solutions recently announced an increase in its quarterly dividend to $0.71 per share, reflecting a dividend yield of 3.8%.

Versor Investments LP decreased its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 47.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,205 shares of the semiconductor manufacturer's stock after selling 10,898 shares during the period. Versor Investments LP's holdings in Skyworks Solutions were worth $789,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Mattson Financial Services LLC purchased a new position in shares of Skyworks Solutions during the fourth quarter valued at $37,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of 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 buying an additional 223 shares during the period. Brown Lisle Cummings Inc. increased its stake in shares of 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 buying an additional 631 shares during the period. Costello Asset Management INC increased its stake in shares of 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 buying an additional 300 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in shares of Skyworks Solutions during the fourth quarter valued at $71,000. 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. Mizuho raised their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Wall Street Zen upgraded Skyworks Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. UBS Group raised their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Arete Research upgraded Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. Finally, Cfra Research raised Skyworks Solutions to a "moderate sell" rating in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Stock Up 3.7%

NASDAQ SWKS traded up $2.77 during trading on Friday, hitting $77.29. The company's stock had a trading volume of 2,391,182 shares, compared to its average volume of 3,439,561. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The company has a market cap of $11.47 billion, a PE ratio of 30.92, a P/E/G ratio of 1.68 and a beta of 1.13. The business's 50 day simple moving average is $73.07 and its 200-day simple moving average is $68.64. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $110.76.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the company earned $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, equities analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th will be issued a $0.71 dividend. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, August 26th. Skyworks Solutions's dividend payout ratio is 112.00%.

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.