VIRGINIA RETIREMENT SYSTEMS ET Al Invests $1.08 Million in Skyworks Solutions, Inc. $SWKS

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,500 shares of the semiconductor manufacturer’s stock, valued at approximately $1,081,000.

A number of other institutional investors have also recently bought and sold shares of SWKS. Pzena Investment Management LLC boosted its stake in Skyworks Solutions by 57.3% during the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock worth $909,714,000 after buying an additional 4,444,747 shares in the last quarter. Invesco Ltd. boosted its stake in Skyworks Solutions by 31.0% during the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock worth $267,675,000 after buying an additional 979,962 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Skyworks Solutions during the second quarter worth $67,841,000. AQR Capital Management LLC boosted its stake in Skyworks Solutions by 89.3% during the first quarter. AQR Capital Management LLC now owns 1,197,742 shares of the semiconductor manufacturer’s stock worth $76,416,000 after buying an additional 565,065 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Skyworks Solutions by 8.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after buying an additional 408,577 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

Skyworks Solutions stock opened at $75.78 on Friday. The stock has a 50-day simple moving average of $75.66 and a 200 day simple moving average of $71.32. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $98.34. The stock has a market capitalization of $11.25 billion, a price-to-earnings ratio of 30.31 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $940.00 million. During the same period in the previous year, the business posted $1.21 earnings per share. The firm’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, research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SWKS shares. Cfra Research upgraded shares of Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. Susquehanna boosted their target price 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. Citigroup boosted their target price on shares of Skyworks Solutions from $63.00 to $66.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Finally, UBS Group boosted their target price 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. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $70.87.

About Skyworks Solutions

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.