Patton Fund Management Inc. Invests $261,000 in Skyworks Solutions, Inc. $SWKS

Patton Fund Management Inc. acquired a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,507 shares of the semiconductor manufacturer’s stock, valued at approximately $261,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Mather Group LLC. raised its stake in shares of Skyworks Solutions by 567.6% in the 2nd quarter. Mather Group LLC. now owns 3,418 shares of the semiconductor manufacturer’s stock worth $255,000 after buying an additional 2,906 shares in the last quarter. Accurate Wealth Management LLC bought a new stake in shares of Skyworks Solutions in the 2nd quarter worth $618,000. Fifth Third Bancorp raised its stake in shares of Skyworks Solutions by 77.4% in the 2nd quarter. Fifth Third Bancorp now owns 36,550 shares of the semiconductor manufacturer’s stock worth $2,724,000 after buying an additional 15,945 shares in the last quarter. CGN Advisors LLC raised its stake in shares of Skyworks Solutions by 5.8% in the 2nd quarter. CGN Advisors LLC now owns 33,964 shares of the semiconductor manufacturer’s stock worth $2,531,000 after buying an additional 1,865 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Skyworks Solutions by 146.1% in the 2nd quarter. GAMMA Investing LLC now owns 9,712 shares of the semiconductor manufacturer’s stock worth $724,000 after buying an additional 5,765 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $79.51 on Friday. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $101.50. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $11.80 billion, a price-to-earnings ratio of 31.80, a P/E/G ratio of 1.78 and a beta of 1.17. The stock’s fifty day simple moving average is $74.07 and its 200-day simple moving average is $70.07.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same quarter in the previous year, the company posted $1.21 earnings per share. Skyworks Solutions’s revenue for the quarter was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 3.6%. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is presently 113.60%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SWKS. Arete Research raised Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. Susquehanna boosted their target price on Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Wall Street Zen lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Monday, September 8th. Cfra Research raised Skyworks Solutions to a “moderate sell” rating in a research report on Wednesday, August 6th. Finally, Citigroup boosted their target price on Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $72.87.

Skyworks Solutions Company Profile

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.