Family Legacy Financial Solutions LLC Buys Shares of 11,792 Skyworks Solutions, Inc. $SWKS

Family Legacy Financial Solutions LLC purchased a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,792 shares of the semiconductor manufacturer’s stock, valued at approximately $904,000. Skyworks Solutions makes up about 0.8% of Family Legacy Financial Solutions LLC’s investment portfolio, making the stock its 26th largest position.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Skyworks Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer’s stock valued at $1,340,393,000 after buying an additional 397,638 shares in the last quarter. Pzena Investment Management LLC grew its stake in shares of Skyworks Solutions by 37.9% during the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer’s stock worth $501,716,000 after acquiring an additional 2,132,847 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Skyworks Solutions by 8.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock valued at $355,922,000 after acquiring an additional 408,577 shares in the last quarter. Invesco Ltd. raised its position in shares of Skyworks Solutions by 31.0% in the 1st quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer’s stock valued at $267,675,000 after purchasing an additional 979,962 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Skyworks Solutions by 7.8% in the 1st quarter. Northern Trust Corp now owns 2,486,911 shares of the semiconductor manufacturer’s stock valued at $160,729,000 after purchasing an additional 179,663 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

SWKS has been the topic of a number of recent analyst reports. Mizuho upped their price target on shares of Skyworks Solutions from $72.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 1st. The Goldman Sachs Group began coverage on Skyworks Solutions in a research report on Thursday, July 10th. They issued a “sell” rating and a $70.00 target price on the stock. Susquehanna lifted their price target on Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Citigroup increased their price objective on Skyworks Solutions from $63.00 to $66.00 and gave the company a “sell” rating in a report on Wednesday, August 6th. Finally, Cfra Research upgraded Skyworks Solutions to a “moderate sell” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Skyworks Solutions has a consensus rating of “Reduce” and a consensus price target of $72.87.

Skyworks Solutions Trading Up 0.4%

Shares of SWKS stock opened at $74.49 on Thursday. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $101.50. The company’s 50-day moving average price is $73.24 and its 200-day moving average price is $69.50. The stock has a market cap of $11.06 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.66 and a beta of 1.17.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business’s revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, equities analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend 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 payout ratio is 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.