Daiwa Securities Group Inc. Has $1.97 Million Stock Position in Skyworks Solutions, Inc. $SWKS

Daiwa Securities Group Inc. grew its stake in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 66.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 31,024 shares of the semiconductor manufacturer’s stock after buying an additional 12,386 shares during the period. Daiwa Securities Group Inc.’s holdings in Skyworks Solutions were worth $1,967,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Norges Bank acquired a new stake in Skyworks Solutions during the 4th quarter worth $121,304,000. Vanguard Group Inc. raised its stake in Skyworks Solutions by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock worth $1,594,620,000 after buying an additional 958,768 shares during the period. Marshall Wace LLP raised its stake in Skyworks Solutions by 391.3% during the 3rd quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock worth $41,401,000 after buying an additional 722,414 shares during the period. Rafferty Asset Management LLC raised its stake in Skyworks Solutions by 52.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer’s stock worth $150,847,000 after buying an additional 693,379 shares during the period. Finally, Two Sigma Investments LP raised its stake in Skyworks Solutions by 92.4% during the 3rd quarter. Two Sigma Investments LP now owns 1,358,259 shares of the semiconductor manufacturer’s stock worth $104,559,000 after buying an additional 652,406 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on SWKS shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Skyworks Solutions in a research note on Wednesday, May 6th. Mizuho reaffirmed an “underperform” rating and set a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Royal Bank Of Canada raised their price objective on Skyworks Solutions from $65.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Citigroup raised their price objective on Skyworks Solutions from $63.00 to $77.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $76.61.

Read Our Latest Research Report on SWKS

Skyworks Solutions Stock Performance

SWKS opened at $73.56 on Wednesday. The business’s 50-day moving average price is $66.48 and its two-hundred day moving average price is $62.84. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year high of $90.90. The company has a market capitalization of $11.06 billion, a price-to-earnings ratio of 30.52 and a beta of 1.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last released 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. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The firm had revenue of $943.70 million for the quarter, compared to the consensus estimate of $901.76 million. During the same quarter last year, the business posted $1.24 EPS. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities analysts expect that Skyworks Solutions, Inc. will post 3.61 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

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

Skyworks Solutions Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SWKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report).

Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.