BTS Asset Management Inc. Acquires Shares of 4,173 Skyworks Solutions, Inc. $SWKS

BTS Asset Management Inc. acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,173 shares of the semiconductor manufacturer’s stock, valued at approximately $311,000. Skyworks Solutions accounts for about 0.4% of BTS Asset Management Inc.’s investment portfolio, making the stock its 23rd largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Park Place Capital Corp lifted its holdings in shares of Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 141 shares during the period. Brown Lisle Cummings Inc. lifted its holdings in shares of Skyworks Solutions by 450.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 771 shares of the semiconductor manufacturer’s stock worth $50,000 after acquiring an additional 631 shares during the period. Costello Asset Management INC lifted its holdings in shares of Skyworks Solutions by 61.1% during the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer’s stock worth $51,000 after acquiring an additional 300 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Skyworks Solutions during the 1st quarter worth approximately $52,000. Finally, Ridgewood Investments LLC lifted its holdings in shares of Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer’s stock worth $56,000 after acquiring an additional 188 shares during the period. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

Shares of NASDAQ:SWKS opened at $76.40 on Wednesday. The company has a market cap of $11.34 billion, a price-to-earnings ratio of 30.56 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The firm has a 50 day simple moving average of $75.64 and a 200 day simple moving average of $71.15. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $98.34.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. The business 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 firm’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were given a $0.71 dividend. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date was Tuesday, August 26th. This represents a $2.84 annualized dividend and a yield of 3.7%. Skyworks Solutions’s dividend payout ratio is currently 113.60%.

Analyst Ratings Changes

A number of analysts have recently weighed in on SWKS shares. Wall Street Zen raised shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Loop Capital upped their price target on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Thursday, October 16th. Mizuho downgraded shares of Skyworks Solutions from a “neutral” rating to an “underperform” rating and set a $60.00 price target for the company. in a report on Monday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Finally, Arete Research raised shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Skyworks Solutions presently has an average rating of “Reduce” and an average target price of $70.87.

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.