Asset Management One Co. Ltd. raised its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 1,322.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 315,701 shares of the semiconductor manufacturer’s stock after buying an additional 293,513 shares during the period. Asset Management One Co. Ltd. owned 0.17% of Skyworks Solutions worth $23,614,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. BKS Advisors LLC acquired a new position in Skyworks Solutions during the third quarter valued at $101,000. Investment Counselors of Maryland LLC purchased a new position in shares of Skyworks Solutions during the third quarter valued at approximately $102,000. Canada Pension Plan Investment Board boosted its position in shares of Skyworks Solutions by 1,084.1% in the third quarter. Canada Pension Plan Investment Board now owns 1,338 shares of the semiconductor manufacturer’s stock valued at $102,000 after buying an additional 1,225 shares during the last quarter. Kistler Tiffany Companies LLC boosted its position in shares of Skyworks Solutions by 190.5% in the third quarter. Kistler Tiffany Companies LLC now owns 1,525 shares of the semiconductor manufacturer’s stock valued at $116,000 after buying an additional 1,000 shares during the last quarter. Finally, Bellwether Investment Group LLC purchased a new position in shares of Skyworks Solutions during the second quarter valued at approximately $125,000. Institutional investors own 82.29% of the company’s stock.

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

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) traded up 4.59% during trading on Friday, reaching $96.67. 3,804,375 shares of the company traded hands. The stock’s 50 day moving average price is $85.46 and its 200-day moving average price is $77.41. Skyworks Solutions, Inc. has a 12 month low of $57.11 and a 12 month high of $96.67. The stock has a market cap of $17.88 billion, a P/E ratio of 20.45 and a beta of 0.88.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Thursday, January 19th. The semiconductor manufacturer reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.03. The company earned $914.30 million during the quarter, compared to analysts’ expectations of $902.68 million. Skyworks Solutions had a return on equity of 27.80% and a net margin of 27.40%. Skyworks Solutions’s revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.60 EPS. On average, equities research analysts expect that Skyworks Solutions, Inc. will post $6.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 23rd. Stockholders of record on Thursday, February 2nd will be paid a $0.28 dividend. The ex-dividend date is Tuesday, January 31st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.21%. Skyworks Solutions’s dividend payout ratio (DPR) is presently 23.63%.

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Several research analysts have commented on SWKS shares. Brean Capital raised their target price on shares of Skyworks Solutions to $95.00 in a report on Friday, January 20th. Needham & Company LLC raised their target price on shares of Skyworks Solutions to $92.00 in a report on Friday, January 20th. Drexel Hamilton reiterated a “buy” rating and issued a $90.00 target price on shares of Skyworks Solutions in a report on Friday, November 4th. Craig Hallum raised their target price on shares of Skyworks Solutions from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, November 4th. Finally, Cowen and Company raised their target price on shares of Skyworks Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. Skyworks Solutions presently has a consensus rating of “Buy” and an average price target of $87.13.

In other news, EVP Bruce J. Freyman sold 17,867 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $78.64, for a total value of $1,405,060.88. Following the completion of the sale, the executive vice president now directly owns 41,493 shares of the company’s stock, valued at approximately $3,263,009.52. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David J. Aldrich sold 55,000 shares of the company’s stock in a transaction dated Wednesday, February 8th. The shares were sold at an average price of $91.25, for a total value of $5,018,750.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 195,817 shares of company stock valued at $16,376,794. 0.62% of the stock is currently owned by company insiders.

About Skyworks Solutions

Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

5 Day Chart for NASDAQ:SWKS

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