Rakuten Investment Management Inc. Takes $12.16 Million Position in Skyworks Solutions, Inc. $SWKS

Rakuten Investment Management Inc. bought a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 157,898 shares of the semiconductor manufacturer’s stock, valued at approximately $12,155,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Park Place Capital Corp increased its stake 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 during the period. Financiere des Professionnels Fonds d investissement inc. grew its holdings in shares of Skyworks Solutions by 1.2% in the third quarter. Financiere des Professionnels Fonds d investissement inc. now owns 12,738 shares of the semiconductor manufacturer’s stock valued at $981,000 after purchasing an additional 145 shares in the last quarter. Wedmont Private Capital increased its stake in Skyworks Solutions by 5.8% during the 3rd quarter. Wedmont Private Capital now owns 2,775 shares of the semiconductor manufacturer’s stock worth $206,000 after buying an additional 151 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Skyworks Solutions by 0.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,308 shares of the semiconductor manufacturer’s stock worth $1,807,000 after buying an additional 166 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in Skyworks Solutions by 98.6% in the 2nd 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. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SWKS shares. JPMorgan Chase & Co. upped their price objective on Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Mizuho cut their price target on Skyworks Solutions from $73.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, January 9th. Loop Capital reduced their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research report on Friday, January 2nd. Cfra set a $90.00 price objective on Skyworks Solutions in a research report on Tuesday, October 28th. Finally, BNP Paribas Exane upped their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $78.67.

Insiders Place Their Bets

In related news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value of $307,974.60. Following the transaction, the senior vice president directly owned 19,824 shares in the company, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is owned by insiders.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $58.55 on Thursday. The stock’s 50-day simple moving average is $64.01 and its 200-day simple moving average is $70.75. The firm has a market capitalization of $8.78 billion, a PE ratio of 19.07 and a beta of 1.30. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $94.61. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The company had revenue of $1.10 billion for the quarter. During the same quarter in the prior year, the company earned $1.55 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities research analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 4.9%. The ex-dividend date was Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 92.51%.

About Skyworks Solutions

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.