Skyworks Solutions, Inc. $SWKS Holdings Increased by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC increased its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 122.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 13,701 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,554 shares during the period. Frank Rimerman Advisors LLC’s holdings in Skyworks Solutions were worth $1,021,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Park Place Capital Corp raised its holdings in Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Skyworks Solutions during the 2nd quarter valued at $28,000. Clearstead Trust LLC raised its stake in shares of Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 274 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Skyworks Solutions by 98.6% in the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 217 shares during the period. Finally, CVA Family Office LLC boosted its stake in Skyworks Solutions by 424.1% during the second quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock valued at $42,000 after buying an additional 458 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

NASDAQ SWKS opened at $62.32 on Wednesday. The company has a 50 day simple moving average of $74.54 and a 200-day simple moving average of $73.30. The firm has a market capitalization of $9.27 billion, a price-to-earnings ratio of 24.93 and a beta of 1.21. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $95.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $1.10 billion for the quarter. During the same period last year, the company posted $1.55 earnings per share. The company’s revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be paid a $0.71 dividend. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a yield of 4.6%. Skyworks Solutions’s payout ratio is 92.51%.

Analyst Ratings Changes

Several brokerages have commented on SWKS. BNP Paribas Exane boosted their price target on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Citigroup upgraded shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $66.00 to $105.00 in a report on Wednesday, October 29th. Piper Sandler raised shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the company from $70.00 to $140.00 in a research note on Wednesday, October 29th. Susquehanna lifted their price target 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. Finally, Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $83.18.

Skyworks Solutions 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.