Wellington Management Group LLP Cuts Stock Position in Skyworks Solutions, Inc. $SWKS

Key Points

• Wellington Management Group LLP has reduced its stake in Skyworks Solutions by 1.6%, now owning approximately 2.72 million shares valued at $175.8 million.
• Other institutional investors, such as Vanguard Group Inc. and Pzena Investment Management LLC, have increased their positions in Skyworks Solutions, highlighting a mixed sentiment among institutional holders.
• Skyworks Solutions has declared a quarterly dividend of $0.71 per share, raising its payout from the previous $0.70, reflecting a commitment to returning value to shareholders.

Wellington Management Group LLP cut its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 1.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 2,720,050 shares of the semiconductor manufacturer's stock after selling 45,360 shares during the period. Wellington Management Group LLP owned about 1.81% of Skyworks Solutions worth $175,797,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Skyworks Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer's stock worth $1,340,393,000 after purchasing an additional 397,638 shares during the last quarter. Pzena Investment Management LLC increased its stake in Skyworks Solutions by 37.9% during the 1st quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer's stock worth $501,716,000 after buying an additional 2,132,847 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Skyworks Solutions by 8.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock valued at $355,922,000 after acquiring an additional 408,577 shares during the last quarter. Vulcan Value Partners LLC raised its holdings in shares of Skyworks Solutions by 29.2% during the fourth quarter. Vulcan Value Partners LLC now owns 5,290,813 shares of the semiconductor manufacturer's stock valued at $469,162,000 after acquiring an additional 1,194,782 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Skyworks Solutions by 31.0% in the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after acquiring an additional 979,962 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Susquehanna boosted their price target on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Mizuho lifted 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 report on Thursday, August 14th. Needham & Company LLC reissued a "hold" rating on shares of Skyworks Solutions in a research note on Thursday, May 8th. Finally, Stifel Nicolaus boosted their price target on shares of Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a research report on Thursday, May 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Stock Up 0.3%

NASDAQ SWKS opened at $75.12 on Thursday. The business's fifty day simple moving average is $73.02 and its 200-day simple moving average is $68.71. 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 firm has a market cap of $11.15 billion, a PE ratio of 30.05, a P/E/G ratio of 1.68 and a beta of 1.13. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $110.76.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) 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 analyst estimates of $940.00 million. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Skyworks Solutions's quarterly revenue 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, equities analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, August 26th. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. Skyworks Solutions's dividend payout ratio is presently 113.60%.

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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