Hsbc Holdings PLC Buys 129,860 Shares of Skyworks Solutions, Inc. $SWKS

Hsbc Holdings PLC lifted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 38.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 464,448 shares of the semiconductor manufacturer’s stock after purchasing an additional 129,860 shares during the quarter. Hsbc Holdings PLC’s holdings in Skyworks Solutions were worth $24,749,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SWKS. Quest 10 Wealth Builders Inc. grew its position in Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 342 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the second quarter valued at about $32,000. MUFG Securities EMEA plc bought a new position in Skyworks Solutions in the second quarter valued at about $33,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Skyworks Solutions during the fourth quarter valued at about $29,000. Finally, Sound Income Strategies LLC grew its holdings in shares of Skyworks Solutions by 137.1% during the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Stock Up 5.3%

Shares of NASDAQ:SWKS opened at $62.95 on Wednesday. The company has a market capitalization of $9.47 billion, a price-to-earnings ratio of 26.12 and a beta of 1.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. The business’s 50-day moving average is $69.86 and its 200-day moving average is $62.88. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year 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 the consensus estimate of $1.04 by $0.11. The business had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The firm’s revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities research analysts predict that Skyworks Solutions, Inc. will post 3.62 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.84 annualized dividend and a dividend yield of 4.5%. Skyworks Solutions’s dividend payout ratio (DPR) is 117.84%.

Analyst Ratings Changes

Several research firms have recently issued reports on SWKS. KeyCorp downgraded Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. B. Riley Financial boosted their target price on shares of Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Barclays upgraded shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Skyworks Solutions in a report on Wednesday, May 6th. Finally, Stifel Nicolaus boosted their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $77.47.

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.