Rakuten Investment Management Inc. bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 157,898 shares of the semiconductor manufacturer’s stock, valued at approximately $12,155,000. Rakuten Investment Management Inc. owned 0.11% of Skyworks Solutions as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. United Services Automobile Association purchased a new stake in Skyworks Solutions during the 1st quarter worth approximately $236,000. Focus Partners Wealth boosted its stake in shares of Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after acquiring an additional 4,702 shares during the last quarter. UMB Bank n.a. increased its position in shares of Skyworks Solutions by 11.5% during the second quarter. UMB Bank n.a. now owns 2,260 shares of the semiconductor manufacturer’s stock worth $168,000 after purchasing an additional 233 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Skyworks Solutions by 113.1% during the second quarter. Farther Finance Advisors LLC now owns 3,161 shares of the semiconductor manufacturer’s stock worth $236,000 after purchasing an additional 1,678 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in Skyworks Solutions in the 2nd quarter valued at $613,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.
Insider Activity
In other news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the transaction, the senior vice president directly owned 19,824 shares of the company’s stock, valued at $1,234,638.72. The trade was a 19.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.28% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on Skyworks Solutions
Skyworks Solutions Trading Up 2.0%
SWKS opened at $58.55 on Thursday. The stock has a market capitalization of $8.78 billion, a PE ratio of 19.07 and a beta of 1.30. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $94.61. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33. The business’s 50 day moving average price is $64.01 and its 200 day moving average price is $70.75.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company had revenue of $1.10 billion for the quarter. During the same quarter in the prior year, the firm earned $1.55 EPS. Skyworks Solutions’s revenue for the quarter was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.
Skyworks Solutions Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were given a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a yield of 4.9%. Skyworks Solutions’s dividend payout ratio is presently 92.51%.
Skyworks Solutions Company 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.
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