Mitsubishi UFJ Asset Management Co. Ltd. Has $12.17 Million Stake in Skyworks Solutions, Inc. $SWKS

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its stake in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 40.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 163,270 shares of the semiconductor manufacturer’s stock after selling 109,457 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Skyworks Solutions were worth $12,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SWKS. HB Wealth Management LLC acquired a new position in shares of Skyworks Solutions in the second quarter worth $442,000. AE Wealth Management LLC purchased a new position in Skyworks Solutions in the second quarter valued at about $13,378,000. Kingstone Capital Partners Texas LLC acquired a new position in Skyworks Solutions in the 2nd quarter worth about $67,841,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Skyworks Solutions during the 2nd quarter worth about $715,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Skyworks Solutions during the 2nd quarter valued at about $613,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $69.46 on Thursday. The firm has a market capitalization of $10.31 billion, a PE ratio of 27.78 and a beta of 1.21. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46. 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 firm’s fifty day simple moving average is $75.35 and its 200 day simple moving average is $73.20.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. The firm had revenue of $1.10 billion during the quarter. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, sell-side analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SWKS shares. Morgan Stanley increased their price objective on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. Susquehanna raised their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Finally, Stifel Nicolaus set a $72.00 price target on Skyworks Solutions in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $83.18.

Get Our Latest Research Report on Skyworks Solutions

Skyworks Solutions Company Profile

(Free Report)

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.

Further Reading

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

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