Bank of New York Mellon Corp Has $120.72 Million Holdings in Skyworks Solutions, Inc. $SWKS

Bank of New York Mellon Corp grew its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 3.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,619,940 shares of the semiconductor manufacturer’s stock after buying an additional 55,655 shares during the period. Bank of New York Mellon Corp owned approximately 1.08% of Skyworks Solutions worth $120,718,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. Park Place Capital Corp boosted its stake in Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 141 shares in the last quarter. CVA Family Office LLC raised its holdings in shares of Skyworks Solutions by 424.1% during the second quarter. CVA Family Office LLC now owns 566 shares of the semiconductor manufacturer’s stock valued at $42,000 after purchasing an additional 458 shares during the period. Spire Wealth Management boosted its position in shares of Skyworks Solutions by 61.9% during the 2nd quarter. Spire Wealth Management now owns 612 shares of the semiconductor manufacturer’s stock worth $46,000 after purchasing an additional 234 shares in the last quarter. Costello Asset Management INC grew its stake in shares of Skyworks Solutions by 61.1% in the 1st quarter. Costello Asset Management INC now owns 791 shares of the semiconductor manufacturer’s stock valued at $51,000 after buying an additional 300 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Skyworks Solutions in the 1st quarter valued at about $52,000. Institutional investors own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

SWKS has been the topic of a number of research reports. Loop Capital dropped their price target on Skyworks Solutions from $83.00 to $75.00 in a research note on Wednesday. Arete Research raised Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. Citigroup upgraded Skyworks Solutions from a “sell” rating to a “neutral” rating and increased their target price for the stock from $66.00 to $105.00 in a report on Wednesday, October 29th. KeyCorp set a $105.00 price target on shares of Skyworks Solutions and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Finally, Barclays raised shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $58.00 to $88.00 in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $83.94.

Skyworks Solutions Stock Down 1.5%

Skyworks Solutions stock opened at $69.58 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The stock has a market cap of $10.33 billion, a PE ratio of 27.83 and a beta of 1.21. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $95.46. The firm’s 50-day simple moving average is $75.63 and its 200 day simple moving average is $72.92.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, topping the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm had revenue of $1.10 billion for the quarter. During the same period in the prior year, the business earned $1.55 EPS. Skyworks Solutions’s quarterly revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Research analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.1%. Skyworks Solutions’s payout ratio is currently 88.75%.

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.