Corient Private Wealth LLC Buys 10,754 Shares of Skyworks Solutions, Inc. $SWKS

Corient Private Wealth LLC raised its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 29.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,829 shares of the semiconductor manufacturer’s stock after buying an additional 10,754 shares during the period. Corient Private Wealth LLC’s holdings in Skyworks Solutions were worth $2,970,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Quest 10 Wealth Builders Inc. increased its position in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 342 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 281 shares during the period. Fideuram Asset Management Ireland dac purchased a new position in Skyworks Solutions in the fourth quarter worth about $29,000. CYBER HORNET ETFs LLC purchased a new position in Skyworks Solutions in the second quarter worth about $32,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Skyworks Solutions during the 2nd quarter valued at about $33,000. 85.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SWKS. Barclays raised shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Skyworks Solutions in a report on Wednesday, May 6th. Mizuho restated an “underperform” rating and set a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. KeyCorp upped their target price on shares of Skyworks Solutions from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, UBS Group increased their price target on shares of Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $77.06.

Skyworks Solutions Stock Down 2.8%

NASDAQ SWKS opened at $68.00 on Friday. The stock’s 50-day moving average price is $70.79 and its 200-day moving average price is $63.45. 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 company has a market capitalization of $10.23 billion, a P/E ratio of 28.22 and a beta of 1.50.

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

Skyworks Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th were given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is presently 117.84%.

Skyworks Solutions 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.