Edgestream Partners L.P. Purchases Shares of 55,044 Skyworks Solutions, Inc. $SWKS

Edgestream Partners L.P. purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 55,044 shares of the semiconductor manufacturer’s stock, valued at approximately $4,102,000.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Skyworks Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer’s stock worth $1,340,393,000 after acquiring an additional 397,638 shares during the last quarter. Pzena Investment Management LLC grew its holdings in shares of Skyworks Solutions by 57.3% in the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock valued at $909,714,000 after purchasing an additional 4,444,747 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Skyworks Solutions by 8.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after purchasing an additional 408,577 shares during the last quarter. Invesco Ltd. raised its stake in Skyworks Solutions by 31.0% during the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock valued at $267,675,000 after purchasing an additional 979,962 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Skyworks Solutions by 7.8% during the first quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer’s stock valued at $160,729,000 after purchasing an additional 179,663 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Loop Capital dropped their price objective on shares of Skyworks Solutions from $83.00 to $75.00 in a research note on Wednesday, November 5th. UBS Group dropped their price target on Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. KeyCorp set a $105.00 price objective on Skyworks Solutions and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Stifel Nicolaus set a $72.00 price objective on Skyworks Solutions in a research note on Wednesday, November 5th. Finally, Mizuho upgraded Skyworks Solutions from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $65.00 to $73.00 in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $83.18.

Insider Buying and Selling at Skyworks Solutions

In other news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares in the company, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is currently owned by company insiders.

Skyworks Solutions Stock Up 1.7%

Shares of NASDAQ SWKS opened at $69.37 on Thursday. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46. The firm has a 50-day simple moving average of $71.88 and a two-hundred day simple moving average of $72.89. The company has a market cap of $10.31 billion, a P/E ratio of 22.60 and a beta of 1.31. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion for the quarter. During the same period in the prior year, the company posted $1.55 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be paid a $0.71 dividend. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a yield of 4.1%. Skyworks Solutions’s dividend payout ratio (DPR) is presently 92.51%.

About Skyworks Solutions

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.