KLP Kapitalforvaltning AS Acquires 69,300 Shares of Skyworks Solutions, Inc. $SWKS

KLP Kapitalforvaltning AS raised its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 46.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 218,900 shares of the semiconductor manufacturer’s stock after acquiring an additional 69,300 shares during the period. KLP Kapitalforvaltning AS’s holdings in Skyworks Solutions were worth $16,851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SWKS. Exchange Traded Concepts LLC grew its stake in shares of Skyworks Solutions by 33.1% during the third quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock worth $5,538,000 after buying an additional 17,874 shares during the last quarter. AE Wealth Management LLC acquired a new stake in shares of Skyworks Solutions in the second quarter valued at about $13,378,000. HB Wealth Management LLC acquired a new stake in Skyworks Solutions during the 2nd quarter valued at approximately $442,000. Thrivent Financial for Lutherans raised its stake in Skyworks Solutions by 588.2% during the second quarter. Thrivent Financial for Lutherans now owns 45,403 shares of the semiconductor manufacturer’s stock worth $3,383,000 after buying an additional 38,806 shares during the last quarter. Finally, Entropy Technologies LP lifted its stake in shares of Skyworks Solutions by 74.4% in the 2nd quarter. Entropy Technologies LP now owns 50,793 shares of the semiconductor manufacturer’s stock valued at $3,785,000 after purchasing an additional 21,670 shares during the period. Institutional investors own 85.43% of the company’s stock.

Insider Activity

In other news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the sale, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 owned 19,824 shares in the company, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.28% of the company’s stock.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $60.66 on Friday. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $95.46. The stock’s 50-day simple moving average is $66.41 and its 200 day simple moving average is $71.82. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33. The stock has a market capitalization of $9.09 billion, a price-to-earnings ratio of 19.76 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. The firm had revenue of $1.10 billion for the quarter. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Research analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th were issued a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.7%. Skyworks Solutions’s dividend payout ratio is presently 92.51%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. BNP Paribas Exane boosted their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, October 29th. JPMorgan Chase & Co. increased their price target on Skyworks Solutions from $66.00 to $74.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Barclays raised shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $58.00 to $88.00 in a research report on Wednesday, October 29th. Finally, Mizuho raised Skyworks Solutions from an “underperform” rating to a “neutral” rating and upped their price target for the company from $65.00 to $73.00 in a research report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Skyworks Solutions has an average rating of “Hold” and a consensus target price of $82.59.

Skyworks Solutions Company Profile

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.