Candriam S.C.A. Grows Stock Holdings in Skyworks Solutions, Inc. $SWKS

Candriam S.C.A. raised its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 503.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,215 shares of the semiconductor manufacturer’s stock after purchasing an additional 66,917 shares during the quarter. Candriam S.C.A.’s holdings in Skyworks Solutions were worth $4,296,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SWKS. Pzena Investment Management LLC increased its holdings in shares of Skyworks Solutions by 27.6% in the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock worth $862,591,000 after buying an additional 3,481,658 shares during the last quarter. Norges Bank bought a new position in shares of Skyworks Solutions in the 4th quarter valued at about $121,304,000. FIL Ltd lifted its holdings in shares of Skyworks Solutions by 50.5% in the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock valued at $329,111,000 after acquiring an additional 1,742,338 shares during the last quarter. Capital Research Global Investors purchased a new stake in Skyworks Solutions during the 4th quarter valued at $102,279,000. Finally, Marshall Wace LLP raised its stake in shares of Skyworks Solutions by 391.3% in the third quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock valued at $41,401,000 after acquiring an additional 722,414 shares during the period. 85.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. UBS Group lifted their price target on shares of Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Stifel Nicolaus increased their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. BNP Paribas Exane raised their price objective on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. B. Riley Financial boosted their target price on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, Mizuho reaffirmed an “underperform” rating and set a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $77.47.

Skyworks Solutions Trading Down 3.5%

SWKS opened at $58.24 on Tuesday. The company has a market capitalization of $8.76 billion, a P/E ratio of 24.17 and a beta of 1.50. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $90.90. The stock’s fifty day moving average is $70.90 and its two-hundred day moving average is $63.10.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The firm had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. During the same period in the previous year, the company posted $1.24 earnings per share. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Analysts forecast that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th were issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) 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.