Rowlandmiller & PARTNERS.ADV boosted its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 24.0% in the third quarter, Holdings Channel reports. The institutional investor owned 40,101 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,768 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Skyworks Solutions were worth $3,087,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Park Place Capital Corp increased its stake in shares of Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 141 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in Skyworks Solutions in the second quarter valued at about $28,000. Clearstead Trust LLC grew its stake in Skyworks Solutions by 200.0% in the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 274 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions in the 2nd quarter worth about $32,000. Finally, Parkside Financial Bank & Trust raised its stake in shares of Skyworks Solutions by 98.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 217 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.
Insider Activity
In other news, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the transaction, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This represents a 21.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Read Our Latest Analysis on SWKS
Skyworks Solutions Price Performance
NASDAQ SWKS opened at $66.97 on Monday. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46. The company has a fifty day simple moving average of $70.61 and a 200 day simple moving average of $72.79. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. The company has a market cap of $9.96 billion, a P/E ratio of 21.81 and a beta of 1.31.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, topping the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The firm had revenue of $1.10 billion for the quarter. During the same quarter last year, the business earned $1.55 EPS. The business’s revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.
Skyworks Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th were given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, November 18th. Skyworks Solutions’s payout ratio is currently 92.51%.
About Skyworks Solutions
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.
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