Allianz Asset Management GmbH Boosts Stock Holdings in Skyworks Solutions, Inc. $SWKS

Allianz Asset Management GmbH lifted its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 66.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,352,448 shares of the semiconductor manufacturer’s stock after buying an additional 541,090 shares during the quarter. Allianz Asset Management GmbH’s holdings in Skyworks Solutions were worth $85,759,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quest 10 Wealth Builders Inc. grew its position in shares of Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 342 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth approximately $32,000. MUFG Securities EMEA plc purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth approximately $33,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Skyworks Solutions in the 4th quarter worth approximately $29,000. Finally, Sound Income Strategies LLC grew its position 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 worth $28,000 after buying an additional 281 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Down 4.4%

SWKS stock opened at $70.29 on Thursday. The firm has a 50 day moving average of $66.83 and a 200 day moving average of $62.91. The stock has a market capitalization of $10.57 billion, a PE ratio of 29.17 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.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. Skyworks Solutions’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period last year, the business earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side 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 will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 4.0%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s payout ratio is presently 117.84%.

Analyst Upgrades and Downgrades

SWKS has been the topic of a number of analyst reports. Zacks Research downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. KeyCorp lifted their price objective on shares of Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Mizuho reaffirmed an “underperform” rating and issued a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. Royal Bank Of Canada lifted their price objective on shares of Skyworks Solutions from $65.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Finally, Stifel Nicolaus lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $76.61.

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.