Skyworks Solutions, Inc. (NASDAQ:SWKS) Holdings Boosted by National Pension Service

National Pension Service boosted its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 373,983 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,369 shares during the period. National Pension Service owned about 0.23% of Skyworks Solutions worth $33,165,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Erste Asset Management GmbH bought a new position in Skyworks Solutions in the third quarter worth about $27,000. Golden State Wealth Management LLC bought a new position in Skyworks Solutions in the fourth quarter worth about $28,000. Investors Research Corp lifted its holdings in Skyworks Solutions by 167.7% in the third quarter. Investors Research Corp now owns 340 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 213 shares during the last quarter. Valley Wealth Managers Inc. bought a new position in Skyworks Solutions in the third quarter worth about $40,000. Finally, Quest Partners LLC bought a new position in Skyworks Solutions in the third quarter worth about $41,000. Institutional investors own 85.43% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Philip G. Brace acquired 10,000 shares of the stock in a transaction on Tuesday, February 25th. The shares were purchased at an average cost of $66.13 per share, for a total transaction of $661,300.00. Following the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $661,300. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.34% of the company’s stock.

Skyworks Solutions Trading Up 4.0 %

Skyworks Solutions stock opened at $66.66 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.73 and a current ratio of 5.94. The firm has a market cap of $10.71 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth ratio of 1.79 and a beta of 1.14. Skyworks Solutions, Inc. has a 1 year low of $62.01 and a 1 year high of $120.86. The firm’s 50 day moving average price is $82.15 and its two-hundred day moving average price is $90.77.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Wednesday, February 5th. The semiconductor manufacturer reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.26). Skyworks Solutions had a return on equity of 12.60% and a net margin of 13.02%. On average, research analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, February 24th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.20%. The ex-dividend date is Monday, February 24th. Skyworks Solutions’s payout ratio is 85.89%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SWKS. Craig Hallum cut their target price on shares of Skyworks Solutions from $140.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. JPMorgan Chase & Co. cut their price target on Skyworks Solutions from $120.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, November 13th. Susquehanna cut their price target on Skyworks Solutions from $110.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, November 13th. The Goldman Sachs Group cut their price target on Skyworks Solutions from $92.00 to $70.00 and set a “neutral” rating on the stock in a report on Thursday, February 6th. Finally, Citigroup lifted their price target on Skyworks Solutions from $72.00 to $84.00 and gave the company a “sell” rating in a report on Friday, January 10th. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $83.78.

Skyworks Solutions Company 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.