ING Groep NV Makes New $4.20 Million Investment in Skyworks Solutions, Inc. $SWKS

ING Groep NV bought a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 66,215 shares of the semiconductor manufacturer’s stock, valued at approximately $4,199,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SWKS. Norges Bank acquired a new position in Skyworks Solutions in the 4th quarter worth about $121,304,000. Capital Research Global Investors acquired a new position in Skyworks Solutions in the 4th quarter worth about $102,279,000. Vanguard Group Inc. increased its holdings in Skyworks Solutions by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock worth $1,594,620,000 after purchasing an additional 958,768 shares in the last quarter. Marshall Wace LLP increased its holdings in Skyworks Solutions by 391.3% in the 3rd quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock worth $41,401,000 after purchasing an additional 722,414 shares in the last quarter. Finally, Rafferty Asset Management LLC increased its holdings in Skyworks Solutions by 52.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer’s stock worth $150,847,000 after purchasing an additional 693,379 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Trading Up 2.4%

NASDAQ SWKS opened at $75.37 on Tuesday. The business’s 50-day moving average price is $66.08 and its two-hundred day moving average price is $62.76. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The firm has a market capitalization of $11.34 billion, a PE ratio of 31.27 and a beta of 1.50. 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 released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The firm had revenue of $943.70 million for the quarter, compared to analyst estimates of $901.76 million. During the same quarter in the previous year, the company posted $1.24 EPS. The business’s revenue was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, analysts expect that Skyworks Solutions, Inc. will post 3.61 EPS for the current year.

Skyworks Solutions Dividend Announcement

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

Analysts Set New Price Targets

SWKS has been the subject of a number of recent research reports. JPMorgan Chase & Co. upped their target price on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. UBS Group upped their target price on Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. B. Riley Financial upped their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Zacks Research lowered Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Finally, Stifel Nicolaus upped their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Skyworks Solutions has a consensus 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.