Mirae Asset Global Investments Co. Ltd. Buys 3,297 Shares of Skyworks Solutions, Inc. $SWKS

Mirae Asset Global Investments Co. Ltd. lifted its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 0.9% during the 2nd quarter, Holdings Channel reports. The firm owned 390,607 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,297 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Skyworks Solutions were worth $29,108,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SWKS. Lecap Asset Management Ltd. purchased a new stake in Skyworks Solutions during the 2nd quarter valued at $1,203,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Skyworks Solutions by 50.5% during the second quarter. Robeco Institutional Asset Management B.V. now owns 529,370 shares of the semiconductor manufacturer’s stock valued at $39,449,000 after acquiring an additional 177,656 shares during the last quarter. Park Place Capital Corp boosted its holdings in shares of 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 purchasing an additional 141 shares during the period. Centennial Wealth Advisory LLC bought a new stake in shares of Skyworks Solutions in the second quarter worth about $478,000. Finally, HB Wealth Management LLC purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $442,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Down 0.3%

NASDAQ:SWKS opened at $77.10 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The firm’s 50-day moving average price is $74.50 and its 200-day moving average price is $70.32. The company has a market capitalization of $11.44 billion, a PE ratio of 30.84, a P/E/G ratio of 2.67 and a beta of 1.20. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $101.50.

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

Skyworks Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were given a dividend of $0.71 per share. 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. This represents a $2.84 dividend on an annualized basis and a yield of 3.7%. Skyworks Solutions’s dividend payout ratio is 113.60%.

Analysts Set New Price Targets

SWKS has been the subject of several research analyst reports. Susquehanna increased their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Cfra Research upgraded Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Saturday, September 27th. Arete Research raised shares of Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. Finally, UBS Group raised their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Skyworks Solutions has a consensus rating of “Reduce” and a consensus target price of $72.87.

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.