AlphaQuest LLC Has $584,000 Position in Skyworks Solutions, Inc. $SWKS

AlphaQuest LLC boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 93.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,838 shares of the semiconductor manufacturer’s stock after buying an additional 3,794 shares during the quarter. AlphaQuest LLC’s holdings in Skyworks Solutions were worth $584,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SWKS. GAMMA Investing LLC lifted its stake in shares of Skyworks Solutions by 20.9% in the 1st quarter. GAMMA Investing LLC now owns 3,947 shares of the semiconductor manufacturer’s stock valued at $255,000 after purchasing an additional 682 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Skyworks Solutions by 6.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,420 shares of the semiconductor manufacturer’s stock valued at $867,000 after purchasing an additional 829 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Skyworks Solutions by 200.3% in the 1st quarter. Golden State Wealth Management LLC now owns 931 shares of the semiconductor manufacturer’s stock valued at $60,000 after purchasing an additional 621 shares during the period. Perigon Wealth Management LLC lifted its stake in shares of Skyworks Solutions by 30.6% in the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock valued at $255,000 after purchasing an additional 927 shares during the period. Finally, Amalgamated Bank lifted its stake in shares of Skyworks Solutions by 1.5% in the 1st quarter. Amalgamated Bank now owns 31,496 shares of the semiconductor manufacturer’s stock valued at $2,036,000 after purchasing an additional 458 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SWKS has been the topic of a number of recent analyst reports. Loop Capital boosted their price objective on Skyworks Solutions from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, October 16th. Citigroup boosted their price objective on Skyworks Solutions from $63.00 to $66.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Cfra set a $90.00 price objective on Skyworks Solutions in a research note on Tuesday. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. Finally, Arete Research raised Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $72.06.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $80.26 on Wednesday. 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 stock has a 50 day moving average price of $75.78 and a two-hundred day moving average price of $72.02. The firm has a market capitalization of $11.91 billion, a P/E ratio of 32.10 and a beta of 1.20. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $98.34.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 11.77% and a net margin of 9.88%.The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities analysts forecast 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 issued a $0.71 dividend. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is currently 113.60%.

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.