Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 1,718.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,830 shares of the semiconductor manufacturer’s stock after acquiring an additional 118,909 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.08% of Skyworks Solutions worth $7,980,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of SWKS. Vanguard Group Inc. increased its stake in shares of Skyworks Solutions by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock valued at $1,338,198,000 after buying an additional 389,168 shares during the period. Pzena Investment Management LLC increased its position in Skyworks Solutions by 0.5% in the 3rd quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer’s stock valued at $944,711,000 after acquiring an additional 64,519 shares during the period. Invesco Ltd. raised its stake in shares of Skyworks Solutions by 4.0% during the third quarter. Invesco Ltd. now owns 4,381,560 shares of the semiconductor manufacturer’s stock valued at $337,292,000 after acquiring an additional 168,663 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Skyworks Solutions by 14.5% during the third quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer’s stock valued at $241,829,000 after acquiring an additional 397,287 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Skyworks Solutions by 26.9% during the third quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer’s stock worth $158,295,000 after purchasing an additional 436,373 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.
Analyst Ratings Changes
SWKS has been the topic of several analyst reports. Mizuho reissued an “underperform” rating and issued a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Zacks Research downgraded Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Argus upgraded Skyworks Solutions to a “hold” rating in a research report on Friday, February 6th. Stifel Nicolaus reissued a “hold” rating and issued a $65.00 price target (down from $72.00) on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Finally, TD Cowen lowered their price objective on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $70.28.
Skyworks Solutions Trading Down 1.1%
SWKS opened at $69.40 on Friday. Skyworks Solutions, Inc. has a twelve month low of $51.93 and a twelve month high of $90.90. The company has a fifty day moving average of $57.35 and a 200-day moving average of $62.65. The stock has a market cap of $10.44 billion, a PE ratio of 26.69 and a beta of 1.48. 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 (NASDAQ:SWKS – Get Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same quarter in the previous year, the business earned $1.60 earnings per share. Skyworks Solutions’s revenue for the quarter 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, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.25 EPS for the current year.
Skyworks Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th were given a dividend of $0.71 per share. The ex-dividend date was Tuesday, February 24th. This represents a $2.84 annualized dividend and a dividend yield of 4.1%. Skyworks Solutions’s dividend payout ratio is presently 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.
See Also
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