Vontobel Holding Ltd. Reduces Holdings in Skyworks Solutions, Inc. $SWKS

Vontobel Holding Ltd. reduced its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 13.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,498 shares of the semiconductor manufacturer’s stock after selling 2,799 shares during the quarter. Vontobel Holding Ltd.’s holdings in Skyworks Solutions were worth $1,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Optas LLC purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $281,000. KLP Kapitalforvaltning AS increased its holdings in Skyworks Solutions by 52.3% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 149,600 shares of the semiconductor manufacturer’s stock valued at $11,148,000 after acquiring an additional 51,373 shares in the last quarter. Hennessy Advisors Inc. purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $133,000. Ameritas Advisory Services LLC purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $111,000. Finally, Greenwood Capital Associates LLC purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $622,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Price Performance

SWKS opened at $69.16 on Monday. The company’s 50 day simple moving average is $74.89 and its 200 day simple moving average is $70.56. 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 1 year low of $47.93 and a 1 year high of $101.50. The stock has a market capitalization of $10.27 billion, a PE ratio of 27.66, a P/E/G ratio of 2.39 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $965.00 million for the quarter, compared to analysts’ expectations of $940.00 million. During the same period last year, the company earned $1.21 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were given 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 4.1%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is 113.60%.

Analyst Upgrades and Downgrades

SWKS has been the subject of several recent research reports. Cfra Research upgraded shares of Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. UBS Group lifted their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Finally, The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They set a “sell” rating and a $70.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Skyworks Solutions has a consensus rating of “Reduce” and an average price target of $72.87.

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.