CVA Family Office LLC Grows Stake in Skyworks Solutions, Inc. $SWKS

CVA Family Office LLC grew its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 424.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 566 shares of the semiconductor manufacturer’s stock after acquiring an additional 458 shares during the period. CVA Family Office LLC’s holdings in Skyworks Solutions were worth $42,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. grew its holdings in Skyworks Solutions by 9.1% during the first quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock valued at $13,152,000 after purchasing an additional 16,965 shares during the period. Perigon Wealth Management LLC grew its stake in shares of Skyworks Solutions by 30.6% during the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock worth $255,000 after acquiring an additional 927 shares during the period. Teacher Retirement System of Texas purchased a new stake in Skyworks Solutions in the 1st quarter worth about $1,511,000. Envestnet Asset Management Inc. raised its stake in Skyworks Solutions by 91.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock valued at $30,690,000 after acquiring an additional 226,938 shares during the period. Finally, HB Wealth Management LLC bought a new stake in Skyworks Solutions in the 2nd quarter valued at about $442,000. Institutional investors own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SWKS. Mizuho lowered shares of Skyworks Solutions from a “neutral” rating to an “underperform” rating and set a $60.00 target price for the company. in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a report on Saturday. Cfra Research raised shares of Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. Citigroup increased their target price on Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Finally, UBS Group lifted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, Skyworks Solutions presently has a consensus rating of “Reduce” and a consensus price target of $70.87.

Get Our Latest Analysis on Skyworks Solutions

Skyworks Solutions Stock Down 2.3%

Shares of NASDAQ:SWKS opened at $74.04 on Monday. The firm has a fifty day moving average price of $75.65 and a two-hundred day moving average price of $71.73. The company has a market cap of $10.99 billion, a price-to-earnings ratio of 29.62 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. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $98.34.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $965.00 million for the quarter, compared to analysts’ expectations of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, August 26th. This is a positive change from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. Skyworks Solutions’s payout ratio is presently 113.60%.

Skyworks Solutions Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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