Swiss Life Asset Management Ltd Acquires 114,015 Shares of Skyworks Solutions, Inc. $SWKS

Swiss Life Asset Management Ltd grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 381.1% during the 4th quarter, HoldingsChannel reports. The firm owned 143,931 shares of the semiconductor manufacturer’s stock after purchasing an additional 114,015 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Skyworks Solutions were worth $9,127,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Manske Wealth Management increased its stake in shares of Skyworks Solutions by 3.8% in the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock valued at $332,000 after purchasing an additional 160 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of Skyworks Solutions by 5.3% in the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after purchasing an additional 163 shares during the last quarter. Unison Advisors LLC increased its stake in shares of Skyworks Solutions by 0.9% in the 3rd quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock valued at $1,388,000 after purchasing an additional 164 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Skyworks Solutions by 0.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,308 shares of the semiconductor manufacturer’s stock valued at $1,807,000 after purchasing an additional 166 shares during the last quarter. Finally, International Private Wealth Advisors LLC increased its stake in shares of Skyworks Solutions by 5.9% in the 4th quarter. International Private Wealth Advisors LLC now owns 3,714 shares of the semiconductor manufacturer’s stock valued at $236,000 after purchasing an additional 208 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on SWKS. Weiss Ratings reiterated a “sell (d+)” rating on shares of Skyworks Solutions in a research note on Wednesday, May 6th. KeyCorp lifted their price target on Skyworks Solutions from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Mizuho reiterated an “underperform” rating and issued a $46.00 price target (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Royal Bank Of Canada lifted their price target on Skyworks Solutions from $65.00 to $72.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Finally, Loop Capital lifted their target price on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $66.31 on Wednesday. The stock’s 50 day moving average price is $58.29 and its two-hundred day moving average price is $62.26. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 27.51 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38. Skyworks Solutions, Inc. has a 52-week low of $51.93 and a 52-week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.11. The business had revenue of $943.70 million for the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities analysts predict that Skyworks Solutions, Inc. will post 3.38 earnings per share for the current 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 issued a $0.71 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 4.3%. Skyworks Solutions’s dividend payout ratio is presently 117.84%.

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.