Elevated Capital Advisors LLC Invests $473,000 in Skyworks Solutions, Inc. $SWKS

Elevated Capital Advisors LLC acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,828 shares of the semiconductor manufacturer’s stock, valued at approximately $473,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Quest 10 Wealth Builders Inc. grew its stake in Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 342 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions during the 2nd quarter worth about $32,000. MUFG Securities EMEA plc acquired a new stake in Skyworks Solutions in the 2nd quarter valued at about $33,000. Fideuram Asset Management Ireland dac acquired a new stake in Skyworks Solutions in the 4th quarter valued at about $29,000. Finally, Sound Income Strategies LLC boosted its stake in shares of Skyworks Solutions by 137.1% in the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 281 shares during the period. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Up 0.7%

Shares of NASDAQ SWKS opened at $60.38 on Friday. The business has a 50-day moving average of $71.14 and a two-hundred day moving average of $63.16. The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of 25.05 and a beta of 1.50. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70.

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

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is 117.84%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Craig Hallum boosted their price objective on Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Barclays raised shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $60.00 to $70.00 in a report on Wednesday, April 22nd. Loop Capital boosted their price target on shares of Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Stifel Nicolaus boosted their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Finally, TD Cowen increased their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $77.47.

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.