Park Place Capital Corp Has $28,000 Holdings in Skyworks Solutions, Inc. $SWKS

Park Place Capital Corp raised its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 62.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 368 shares of the semiconductor manufacturer’s stock after purchasing an additional 141 shares during the quarter. Park Place Capital Corp’s holdings in Skyworks Solutions were worth $28,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of Skyworks Solutions by 7,713.0% during the 1st quarter. GAMMA Investing LLC now owns 255,095 shares of the semiconductor manufacturer’s stock worth $16,487,000 after buying an additional 251,830 shares during the period. Rhumbline Advisers increased its stake in shares of Skyworks Solutions by 13.3% in the 1st quarter. Rhumbline Advisers now owns 405,376 shares of the semiconductor manufacturer’s stock valued at $26,199,000 after acquiring an additional 47,585 shares in the last quarter. Czech National Bank increased its stake in shares of Skyworks Solutions by 6.6% in the 1st quarter. Czech National Bank now owns 36,919 shares of the semiconductor manufacturer’s stock valued at $2,386,000 after acquiring an additional 2,289 shares in the last quarter. NBC Securities Inc. increased its stake in shares of Skyworks Solutions by 113,966.7% in the 1st quarter. NBC Securities Inc. now owns 3,422 shares of the semiconductor manufacturer’s stock valued at $221,000 after acquiring an additional 3,419 shares in the last quarter. Finally, Merit Financial Group LLC bought a new stake in shares of Skyworks Solutions in the 1st quarter valued at $415,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on SWKS shares. Wall Street Zen lowered shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Monday, September 8th. Cfra Research upgraded shares of Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. Susquehanna lifted their price objective on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. UBS Group lifted their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Finally, The Goldman Sachs Group started coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They issued a “sell” rating and a $70.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $72.87.

View Our Latest Report on Skyworks Solutions

Skyworks Solutions Trading Down 0.8%

NASDAQ:SWKS opened at $76.34 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The firm has a market cap of $11.33 billion, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 1.72 and a beta of 1.20. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $101.50. The firm has a 50-day moving average price of $74.29 and a two-hundred day moving average price of $70.23.

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

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, August 26th. This is a positive change from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is presently 113.60%.

About Skyworks Solutions

(Free Report)

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.

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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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