Gabelli Funds LLC Acquires 6,640 Shares of Skyworks Solutions, Inc. $SWKS

Gabelli Funds LLC raised its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 77.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,175 shares of the semiconductor manufacturer’s stock after acquiring an additional 6,640 shares during the period. Gabelli Funds LLC’s holdings in Skyworks Solutions were worth $962,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Manske Wealth Management raised its position in shares of Skyworks Solutions by 3.8% during the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock valued at $332,000 after acquiring an additional 160 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Skyworks Solutions by 5.3% during the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after acquiring an additional 163 shares during the last quarter. Unison Advisors LLC increased its position in shares of Skyworks Solutions by 0.9% in the 3rd quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock valued at $1,388,000 after buying an additional 164 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake 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 during the period. Finally, International Private Wealth Advisors LLC raised its stake in Skyworks Solutions by 5.9% during the 4th quarter. International Private Wealth Advisors LLC now owns 3,714 shares of the semiconductor manufacturer’s stock worth $236,000 after buying an additional 208 shares during the period. Institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SWKS shares. B. Riley Financial raised their price objective on Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. UBS Group raised their price objective on Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Skyworks Solutions in a research note on Wednesday, May 6th. Finally, KeyCorp raised their price objective on Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Skyworks Solutions currently has a consensus rating of “Hold” and an average price target of $76.61.

Skyworks Solutions Stock Performance

Shares of Skyworks Solutions stock opened at $82.42 on Friday. The stock’s fifty day simple moving average is $60.78 and its 200 day simple moving average is $62.06. The company has a market capitalization of $12.40 billion, a PE ratio of 34.20 and a beta of 1.48. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The firm had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, research analysts predict that Skyworks Solutions, Inc. will post 3.55 EPS for the current year.

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is 117.84%.

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.