Mitsubishi UFJ Trust & Banking Corp Has $7.98 Million Stake in Skyworks Solutions, Inc. $SWKS

Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 1,718.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 125,830 shares of the semiconductor manufacturer’s stock after acquiring an additional 118,909 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Skyworks Solutions were worth $7,980,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. United Services Automobile Association acquired a new stake in Skyworks Solutions in the first quarter worth $236,000. Focus Partners Wealth raised its holdings in shares of Skyworks Solutions by 99.0% during the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after purchasing an additional 4,702 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Skyworks Solutions by 137.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock valued at $171,000 after purchasing an additional 1,330 shares during the period. Gamco Investors INC. ET AL bought a new position in shares of Skyworks Solutions during the 2nd quarter worth about $259,000. Finally, Gabelli Funds LLC acquired a new stake in shares of Skyworks Solutions in the 2nd quarter valued at about $1,004,000. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Trading Down 1.1%

SWKS opened at $69.40 on Friday. Skyworks Solutions, Inc. has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The firm has a market capitalization of $10.44 billion, a PE ratio of 26.69 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The company’s 50-day moving average is $57.35 and its 200 day moving average is $62.65.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, research analysts predict that Skyworks Solutions, Inc. will post 3.25 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th were issued a dividend of $0.71 per share. The ex-dividend date was Tuesday, February 24th. This represents a $2.84 annualized dividend and a yield of 4.1%. Skyworks Solutions’s dividend payout ratio is 109.23%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on SWKS shares. Weiss Ratings lowered Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Zacks Research lowered Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Benchmark restated a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, February 4th. KeyCorp lowered their target price on Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Finally, BNP Paribas Exane cut their target price on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $70.28.

View Our Latest Report on SWKS

Skyworks Solutions Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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