Pzena Investment Management LLC Buys 354,318 Shares of Skyworks Solutions, Inc. $SWKS

Pzena Investment Management LLC grew its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,626,480 shares of the semiconductor manufacturer’s stock after acquiring an additional 354,318 shares during the quarter. Skyworks Solutions comprises approximately 2.4% of Pzena Investment Management LLC’s investment portfolio, making the stock its 18th largest position. Pzena Investment Management LLC owned 0.08% of Skyworks Solutions worth $800,645,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SWKS. Quest 10 Wealth Builders Inc. raised its position in shares of Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 342 shares during the period. Sound Income Strategies LLC raised its position in shares of Skyworks Solutions by 137.1% in the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 281 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Skyworks Solutions in the 2nd quarter valued at approximately $32,000. MUFG Securities EMEA plc acquired a new stake in shares of Skyworks Solutions in the 2nd quarter valued at approximately $33,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Skyworks Solutions in the 3rd quarter valued at approximately $36,000. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Trading Down 1.1%

NASDAQ:SWKS opened at $73.54 on Friday. Skyworks Solutions, Inc. has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. The stock has a market capitalization of $11.06 billion, a PE ratio of 30.51 and a beta of 1.48. The business’s 50-day simple moving average is $60.24 and its 200-day simple moving average is $61.92.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. During the same quarter in the previous year, the business posted $1.24 EPS. Skyworks Solutions’s revenue for the quarter was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side analysts expect that Skyworks Solutions, Inc. will post 3.55 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s payout ratio is 117.84%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Argus upgraded shares of Skyworks Solutions to a “hold” rating in a research report on Friday, February 6th. Royal Bank Of Canada increased their price target on shares of Skyworks Solutions from $65.00 to $72.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Susquehanna cut their price target on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Citigroup increased their price target on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, BNP Paribas Exane increased their price target on shares of Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Company Profile

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.