Los Angeles Capital Management LLC Purchases New Stake in Skyworks Solutions, Inc. $SWKS

Los Angeles Capital Management LLC purchased a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the second quarter, HoldingsChannel reports. The institutional investor purchased 14,581 shares of the semiconductor manufacturer’s stock, valued at approximately $1,087,000.

Other large investors also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in shares of Skyworks Solutions by 28.2% during the 1st quarter. Allworth Financial LP now owns 1,299 shares of the semiconductor manufacturer’s stock valued at $80,000 after acquiring an additional 286 shares in the last quarter. Cerity Partners LLC raised its position in Skyworks Solutions by 50.5% in the first quarter. Cerity Partners LLC now owns 42,647 shares of the semiconductor manufacturer’s stock valued at $2,756,000 after purchasing an additional 14,309 shares during the period. Xponance Inc. lifted its stake in shares of Skyworks Solutions by 1.3% during the first quarter. Xponance Inc. now owns 25,543 shares of the semiconductor manufacturer’s stock worth $1,651,000 after purchasing an additional 331 shares in the last quarter. CWM LLC lifted its stake in shares of Skyworks Solutions by 390.4% during the first quarter. CWM LLC now owns 17,714 shares of the semiconductor manufacturer’s stock worth $1,145,000 after purchasing an additional 14,102 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Skyworks Solutions by 15.8% in the first quarter. Signaturefd LLC now owns 1,974 shares of the semiconductor manufacturer’s stock worth $128,000 after buying an additional 269 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $69.46 on Thursday. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $10.31 billion, a price-to-earnings ratio of 27.78 and a beta of 1.21. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $95.46. The business has a 50 day simple moving average of $75.35 and a 200-day simple moving average of $73.20.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.23. The firm had revenue of $1.10 billion for the quarter. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.55 earnings per share. 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 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.1%. Skyworks Solutions’s payout ratio is 92.51%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SWKS shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research report on Tuesday, October 28th. KeyCorp set a $105.00 price objective on shares of Skyworks Solutions and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Barclays raised shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $58.00 to $88.00 in a research report on Wednesday, October 29th. Finally, Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and an average price target of $83.18.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.