 Nisa Investment Advisors LLC lifted its holdings in shares of  Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 7.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,132 shares of the semiconductor manufacturer’s stock after buying an additional 3,643 shares during the period. Nisa Investment Advisors LLC’s holdings in Skyworks Solutions were worth $3,810,000 at the end of the most recent reporting period.
Nisa Investment Advisors LLC lifted its holdings in shares of  Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 7.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,132 shares of the semiconductor manufacturer’s stock after buying an additional 3,643 shares during the period. Nisa Investment Advisors LLC’s holdings in Skyworks Solutions were worth $3,810,000 at the end of the most recent reporting period. 
Several other hedge funds and other institutional investors have also made changes to their positions in SWKS. Park Place Capital Corp boosted its position in shares of 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 buying an additional 141 shares during the period. CVA Family Office LLC lifted its position in Skyworks Solutions by 424.1% in the second quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock worth $42,000 after purchasing an additional 458 shares during the period. Costello Asset Management INC lifted its position in Skyworks Solutions by 61.1% in the first quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer’s stock worth $51,000 after purchasing an additional 300 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Skyworks Solutions in the first quarter worth approximately $52,000. Finally, Ridgewood Investments LLC lifted its position in Skyworks Solutions by 27.9% in the first quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer’s stock worth $56,000 after purchasing an additional 188 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.
Skyworks Solutions Price Performance
NASDAQ SWKS opened at $78.74 on Thursday. The stock has a market capitalization of $11.69 billion, a P/E ratio of 31.50 and a beta of 1.20. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46. The business’s fifty day moving average is $75.86 and its two-hundred day moving average is $72.17. 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 Dividend Announcement
The company 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 dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, November 18th. Skyworks Solutions’s payout ratio is 113.60%.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on SWKS. Wall Street Zen upgraded Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Barclays upgraded Skyworks Solutions from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $58.00 to $88.00 in a research report on Wednesday. Cfra set a $90.00 target price on Skyworks Solutions in a research report on Tuesday. UBS Group upgraded Skyworks Solutions to a “positive” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $84.12.
Get Our Latest Stock Report on SWKS
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.
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