Robeco Institutional Asset Management B.V. Has $26.74 Million Stock Holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS)

Robeco Institutional Asset Management B.V. increased its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 27.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 301,581 shares of the semiconductor manufacturer's stock after acquiring an additional 64,534 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.19% of Skyworks Solutions worth $26,744,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Twelve Points Wealth Management LLC raised its stake in Skyworks Solutions by 70.6% during the 4th quarter. Twelve Points Wealth Management LLC now owns 28,573 shares of the semiconductor manufacturer's stock valued at $2,534,000 after purchasing an additional 11,820 shares during the period. KBC Group NV raised its position in Skyworks Solutions by 114.0% during the fourth quarter. KBC Group NV now owns 1,248,273 shares of the semiconductor manufacturer's stock valued at $110,697,000 after buying an additional 664,874 shares during the period. Blue Trust Inc. raised its position in Skyworks Solutions by 53.9% during the fourth quarter. Blue Trust Inc. now owns 2,031 shares of the semiconductor manufacturer's stock valued at $180,000 after buying an additional 711 shares during the period. CX Institutional lifted its stake in Skyworks Solutions by 16.4% in the 4th quarter. CX Institutional now owns 3,709 shares of the semiconductor manufacturer's stock worth $329,000 after acquiring an additional 522 shares in the last quarter. Finally, Impact Partnership Wealth LLC boosted its position in Skyworks Solutions by 25.6% during the 4th quarter. Impact Partnership Wealth LLC now owns 10,128 shares of the semiconductor manufacturer's stock worth $898,000 after acquiring an additional 2,062 shares during the period. Hedge funds and other institutional investors own 85.43% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on SWKS shares. B. Riley reduced their price target on shares of Skyworks Solutions from $120.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, November 14th. JPMorgan Chase & Co. cut their target price on shares of Skyworks Solutions from $120.00 to $100.00 and set a "neutral" rating for the company in a research report on Wednesday, November 13th. Loop Capital assumed coverage on shares of Skyworks Solutions in a report on Monday, November 11th. They set a "hold" rating and a $90.00 price target on the stock. Mizuho cut their price objective on Skyworks Solutions from $127.00 to $105.00 and set an "outperform" rating for the company in a report on Wednesday, November 13th. Finally, Susquehanna lowered their target price on Skyworks Solutions from $110.00 to $100.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 13th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Skyworks Solutions has a consensus rating of "Hold" and a consensus price target of $101.12.

Insider Activity

In other news, SVP Robert John Terry sold 10,522 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $88.01, for a total transaction of $926,041.22. Following the completion of the sale, the senior vice president now owns 15,960 shares of the company's stock, valued at approximately $1,404,639.60. This trade represents a 39.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.34% of the stock is owned by company insiders.

Skyworks Solutions Stock Performance

NASDAQ:SWKS traded down $0.64 during midday trading on Friday, reaching $88.76. The stock had a trading volume of 2,782,612 shares, compared to its average volume of 2,185,212. The stock has a market capitalization of $14.27 billion, a P/E ratio of 23.99, a PEG ratio of 1.99 and a beta of 1.15. Skyworks Solutions, Inc. has a 1-year low of $82.13 and a 1-year high of $120.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.54 and a quick ratio of 4.24. The firm's fifty day simple moving average is $89.84 and its 200-day simple moving average is $96.21.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The semiconductor manufacturer reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.03. Skyworks Solutions had a return on equity of 13.71% and a net margin of 14.27%. The company had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $1.02 billion. During the same period in the prior year, the business earned $1.95 earnings per share. Skyworks Solutions's revenue for the quarter was down 15.9% compared to the same quarter last year. On average, equities research analysts forecast that Skyworks Solutions, Inc. will post 4.45 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.70 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 3.15%. Skyworks Solutions's payout ratio is 75.68%.

Skyworks Solutions 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.