Czech National Bank Has $3.05 Million Holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS)

Czech National Bank grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 1.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,191 shares of the semiconductor manufacturer’s stock after purchasing an additional 275 shares during the period. Czech National Bank’s holdings in Skyworks Solutions were worth $3,054,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ST Germain D J Co. Inc. raised its holdings in shares of Skyworks Solutions by 60.5% in the first quarter. ST Germain D J Co. Inc. now owns 345 shares of the semiconductor manufacturer’s stock valued at $37,000 after purchasing an additional 130 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of Skyworks Solutions by 790.0% in the fourth quarter. AdvisorNet Financial Inc now owns 356 shares of the semiconductor manufacturer’s stock valued at $40,000 after buying an additional 316 shares in the last quarter. Vestor Capital LLC bought a new position in shares of Skyworks Solutions in the fourth quarter valued at $43,000. West Branch Capital LLC grew its stake in shares of Skyworks Solutions by 8,000.0% in the fourth quarter. West Branch Capital LLC now owns 405 shares of the semiconductor manufacturer’s stock valued at $46,000 after buying an additional 400 shares in the last quarter. Finally, Avior Wealth Management LLC grew its stake in shares of Skyworks Solutions by 47.9% in the fourth quarter. Avior Wealth Management LLC now owns 420 shares of the semiconductor manufacturer’s stock valued at $47,000 after buying an additional 136 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Trading Up 0.5 %

Shares of Skyworks Solutions stock opened at $106.38 on Friday. The firm has a 50-day moving average of $96.56 and a 200-day moving average of $102.65. The stock has a market cap of $17.07 billion, a PE ratio of 20.00, a PEG ratio of 4.96 and a beta of 1.24. Skyworks Solutions, Inc. has a 52-week low of $85.06 and a 52-week high of $115.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.81 and a current ratio of 5.19.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.08. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Skyworks Solutions had a net margin of 18.85% and a return on equity of 17.00%. As a group, sell-side analysts forecast that Skyworks Solutions, Inc. will post 5.22 EPS for the current year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 11th. Investors of record on Tuesday, May 21st were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date was Monday, May 20th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 51.13%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Skyworks Solutions from $120.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, May 1st. Stifel Nicolaus decreased their target price on shares of Skyworks Solutions from $122.00 to $112.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. StockNews.com cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Friday, March 29th. UBS Group reduced their price objective on shares of Skyworks Solutions from $110.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, May 1st. Finally, KeyCorp cut shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $107.19.

Insider Activity at Skyworks Solutions

In related news, Director Robert A. Schriesheim sold 25,433 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $90.27, for a total value of $2,295,836.91. Following the completion of the transaction, the director now owns 60,881 shares of the company’s stock, valued at $5,495,727.87. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Robert A. Schriesheim sold 25,433 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $90.27, for a total value of $2,295,836.91. Following the completion of the transaction, the director now owns 60,881 shares of the company’s stock, valued at $5,495,727.87. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Liam Griffin purchased 11,142 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The stock was bought at an average cost of $90.00 per share, with a total value of $1,002,780.00. Following the purchase, the chief executive officer now owns 104,153 shares of the company’s stock, valued at $9,373,770. The disclosure for this purchase can be found here. 0.34% of the stock is owned by insiders.

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.