180 Wealth Advisors LLC Sells 322 Shares of Skyworks Solutions, Inc. $SWKS

180 Wealth Advisors LLC cut its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,382 shares of the semiconductor manufacturer’s stock after selling 322 shares during the period. 180 Wealth Advisors LLC’s holdings in Skyworks Solutions were worth $699,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SWKS. Pzena Investment Management LLC boosted its holdings in 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 worth $909,714,000 after purchasing an additional 4,444,747 shares in the last quarter. Invesco Ltd. lifted its position in Skyworks Solutions by 31.0% during the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock worth $267,675,000 after acquiring an additional 979,962 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Skyworks Solutions during the 2nd quarter worth $67,841,000. AQR Capital Management LLC lifted its position in Skyworks Solutions by 89.3% during the 1st quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer’s stock worth $76,416,000 after acquiring an additional 565,065 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after acquiring an additional 408,577 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Wall Street Zen raised shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Arete Research raised shares of Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. Susquehanna boosted their target price on shares of Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Loop Capital boosted their target price on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, October 16th. Finally, The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a research report on Thursday, July 10th. They set a “sell” rating and a $70.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $70.87.

Get Our Latest Analysis on SWKS

Skyworks Solutions Stock Down 2.3%

Shares of SWKS opened at $74.04 on Friday. The company has a 50-day simple moving average of $75.65 and a 200-day simple moving average of $71.49. The firm has a market capitalization of $10.99 billion, a P/E ratio of 29.62 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $98.34.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last posted its 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. The business had revenue of $965.00 million for the quarter, compared to analysts’ expectations of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were paid a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, August 26th. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. Skyworks Solutions’s payout ratio 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.

See Also

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

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