AXQ Capital LP Boosts Holdings in Skyworks Solutions, Inc. $SWKS

AXQ Capital LP increased its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 960.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,730 shares of the semiconductor manufacturer’s stock after buying an additional 25,114 shares during the quarter. AXQ Capital LP’s holdings in Skyworks Solutions were worth $1,758,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. AlphaQuest LLC raised its stake in Skyworks Solutions by 662.4% during the 4th quarter. AlphaQuest LLC now owns 53,355 shares of the semiconductor manufacturer’s stock worth $3,383,000 after acquiring an additional 46,357 shares during the period. JPMorgan Chase & Co. raised its stake in Skyworks Solutions by 2.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,163,728 shares of the semiconductor manufacturer’s stock worth $89,584,000 after acquiring an additional 29,444 shares during the period. Jackson Creek Investment Advisors LLC bought a new stake in Skyworks Solutions during the 4th quarter worth approximately $1,388,000. Vanguard Group Inc. raised its stake in Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after acquiring an additional 389,168 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in Skyworks Solutions by 1,718.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,830 shares of the semiconductor manufacturer’s stock worth $7,980,000 after acquiring an additional 118,909 shares during the period. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Trading Down 3.0%

NASDAQ SWKS opened at $75.49 on Tuesday. The stock has a market cap of $11.35 billion, a PE ratio of 31.32 and a beta of 1.50. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The company’s 50-day moving average price is $63.85 and its 200-day moving average price is $62.35. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The company had revenue of $943.70 million for the quarter, compared to the consensus estimate of $901.76 million. During the same quarter last year, the firm posted $1.24 EPS. The firm’s revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities research analysts forecast that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is presently 117.84%.

Analysts Set New Price Targets

A number of equities research analysts have commented on SWKS shares. Zacks Research cut shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. KeyCorp raised their target price on shares of Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Loop Capital raised their target price on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. BNP Paribas Exane raised their target price on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. Finally, Argus upgraded shares of Skyworks Solutions to a “hold” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Skyworks Solutions presently has an average rating of “Hold” and an average price target of $76.61.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.