DNB Asset Management AS Has $72.39 Million Holdings in Skyworks Solutions, Inc. $SWKS

DNB Asset Management AS boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 28.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,141,649 shares of the semiconductor manufacturer’s stock after purchasing an additional 252,376 shares during the quarter. DNB Asset Management AS’s holdings in Skyworks Solutions were worth $72,392,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SWKS. AE Wealth Management LLC increased its holdings in shares of Skyworks Solutions by 7.8% in the 3rd quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock valued at $14,898,000 after purchasing an additional 14,007 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of Skyworks Solutions in the 3rd quarter valued at about $12,155,000. JPMorgan Chase & Co. increased its holdings in shares of Skyworks Solutions by 2.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,163,728 shares of the semiconductor manufacturer’s stock valued at $89,584,000 after purchasing an additional 29,444 shares during the period. Y Intercept Hong Kong Ltd increased its holdings in shares of Skyworks Solutions by 102.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock valued at $6,141,000 after purchasing an additional 40,390 shares during the period. Finally, LSV Asset Management increased its holdings in shares of Skyworks Solutions by 13.9% in the 3rd quarter. LSV Asset Management now owns 1,909,536 shares of the semiconductor manufacturer’s stock valued at $146,996,000 after purchasing an additional 233,066 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SWKS. UBS Group upped their target price on Skyworks Solutions from $63.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of Skyworks Solutions in a research note on Wednesday, May 6th. Loop Capital boosted their price target on Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. Craig Hallum boosted their price target on Skyworks Solutions from $75.00 to $85.00 in a research note on Wednesday, May 6th. Finally, Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Skyworks Solutions presently has an average rating of “Hold” and a consensus target price of $76.61.

Skyworks Solutions Stock Up 2.2%

Shares of Skyworks Solutions stock opened at $68.53 on Friday. The stock has a market capitalization of $10.31 billion, a P/E ratio of 28.44 and a beta of 1.48. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The stock has a 50 day moving average price of $58.90 and a two-hundred day moving average price of $62.20. Skyworks Solutions, Inc. has a 12-month low of $51.93 and a 12-month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The firm had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities analysts expect that Skyworks Solutions, Inc. will post 3.55 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a yield of 4.1%. Skyworks Solutions’s dividend payout ratio is presently 117.84%.

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.