Entropy Technologies LP Invests $1.87 Million in Skyworks Solutions, Inc. $SWKS

Entropy Technologies LP purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 29,462 shares of the semiconductor manufacturer’s stock, valued at approximately $1,868,000.

A number of other large investors have also recently made changes to their positions in the stock. Barclays PLC boosted its holdings in shares of Skyworks Solutions by 48.4% in the fourth quarter. Barclays PLC now owns 1,755,539 shares of the semiconductor manufacturer’s stock worth $111,319,000 after acquiring an additional 572,389 shares during the period. Atlas Capital Advisors Inc. bought a new position in shares of Skyworks Solutions in the fourth quarter worth $48,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Skyworks Solutions by 6.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 108,808 shares of the semiconductor manufacturer’s stock worth $6,900,000 after acquiring an additional 6,312 shares during the period. AlTi Global Inc. boosted its holdings in shares of Skyworks Solutions by 8.1% in the fourth quarter. AlTi Global Inc. now owns 80,349 shares of the semiconductor manufacturer’s stock worth $5,095,000 after acquiring an additional 6,025 shares during the period. Finally, Bridgefront Capital LLC boosted its holdings in shares of Skyworks Solutions by 126.0% in the fourth quarter. Bridgefront Capital LLC now owns 24,212 shares of the semiconductor manufacturer’s stock worth $1,535,000 after acquiring an additional 13,500 shares during the period. 85.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SWKS has been the subject of a number of analyst reports. Stifel Nicolaus raised their price target on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Mizuho reaffirmed an “underperform” rating and issued a $46.00 price target (down from $60.00) on shares of Skyworks Solutions in a report on Monday, April 20th. Craig Hallum increased their price objective on Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Citigroup increased their price objective on Skyworks Solutions from $63.00 to $77.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $76.61.

Skyworks Solutions Stock Up 3.1%

SWKS opened at $76.26 on Tuesday. The company has a market cap of $11.47 billion, a P/E ratio of 31.64 and a beta of 1.50. The business’s 50-day moving average price is $68.05 and its 200-day moving average price is $63.15. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping the consensus estimate of $1.04 by $0.11. The firm had revenue of $943.70 million for the quarter, compared to the consensus estimate 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 previous year, the business earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities analysts expect that Skyworks Solutions, Inc. will post 3.61 EPS for the current year.

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders 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 dividend yield of 3.7%. Skyworks Solutions’s payout ratio is currently 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.