Pzena Investment Management LLC Has $800.65 Million Position in Skyworks Solutions, Inc. $SWKS

Pzena Investment Management LLC boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,626,480 shares of the semiconductor manufacturer’s stock after acquiring an additional 354,318 shares during the quarter. Skyworks Solutions accounts for 2.4% of Pzena Investment Management LLC’s portfolio, making the stock its 18th largest position. Pzena Investment Management LLC owned about 8.42% of Skyworks Solutions worth $800,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. raised its stake in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 342 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 281 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Skyworks Solutions in the second quarter valued at $32,000. MUFG Securities EMEA plc acquired a new stake in shares of Skyworks Solutions in the second quarter valued at $33,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Skyworks Solutions in the third quarter valued at $36,000. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SWKS has been the subject of a number of research reports. Loop Capital raised their target price on Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. Morgan Stanley raised their target price on Skyworks Solutions from $69.00 to $76.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. B. Riley Financial raised their target price on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Stifel Nicolaus raised their target price on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Finally, Citigroup raised their target price on Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $76.61.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $73.54 on Friday. The business’s 50-day simple moving average is $60.24 and its 200 day simple moving average is $61.92. The stock has a market cap of $11.06 billion, a price-to-earnings ratio of 30.51 and a beta of 1.48. Skyworks Solutions, Inc. has a 12-month low of $51.93 and a 12-month high of $90.90. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.11. The business had revenue of $943.70 million for 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 firm’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, research analysts anticipate that Skyworks Solutions, Inc. will post 3.55 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 3.9%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 117.84%.

About Skyworks Solutions

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.