New York State Teachers Retirement System Cuts Position in Skyworks Solutions, Inc. $SWKS

New York State Teachers Retirement System decreased its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 0.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 122,926 shares of the semiconductor manufacturer’s stock after selling 399 shares during the quarter. New York State Teachers Retirement System owned 0.08% of Skyworks Solutions worth $9,160,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SWKS. GAMMA Investing LLC raised its position in Skyworks Solutions by 20.9% in the first quarter. GAMMA Investing LLC now owns 3,947 shares of the semiconductor manufacturer’s stock valued at $255,000 after purchasing an additional 682 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Skyworks Solutions by 30.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 28,790 shares of the semiconductor manufacturer’s stock worth $1,861,000 after acquiring an additional 6,713 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of Skyworks Solutions by 173.7% in the first quarter. State of Alaska Department of Revenue now owns 49,828 shares of the semiconductor manufacturer’s stock worth $3,219,000 after acquiring an additional 31,620 shares in the last quarter. Praxis Investment Management Inc. grew its stake in shares of Skyworks Solutions by 205.2% in the first quarter. Praxis Investment Management Inc. now owns 7,020 shares of the semiconductor manufacturer’s stock worth $454,000 after acquiring an additional 4,720 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Skyworks Solutions in the first quarter worth $302,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on SWKS. Mizuho boosted their price target on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 1st. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Loop Capital boosted their price target on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday. UBS Group boosted their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Finally, Cfra Research upgraded shares of Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Skyworks Solutions has an average rating of “Reduce” and an average target price of $71.87.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $75.32 on Monday. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average price of $75.43 and a 200 day moving average price of $70.95. The company has a market cap of $11.18 billion, a P/E ratio of 30.13 and a beta of 1.20. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $99.27.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Sell-side analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 3.8%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is presently 113.60%.

About Skyworks Solutions

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.