SCHEDULE 13G/A: BlackRock Discloses 11.2% Stake in Skyworks Solutions Inc.
Beneficial Ownership Filing
BlackRock, Inc. has filed an amended Schedule 13G, revealing beneficial ownership of 11.2% of Skyworks Solutions Inc.'s common stock.
Summary
- BlackRock, Inc. reported beneficial ownership of 16,885,842 shares of Skyworks Solutions Inc. common stock.
- This aggregate amount represents 11.2% of the class of securities.
- BlackRock, Inc. holds sole voting power over 16,087,146 shares and sole dispositive power over 16,885,842 shares.
- No shared voting or dispositive power was reported.
- BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., beneficially owns 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment regarding the issuer's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
This filing reflects a significant institutional investment firm's continued or updated stake in a publicly traded technology company, which is a common occurrence in the financial markets as large asset managers adjust their portfolios.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | BlackRock, Inc. executed a new Power of Attorney on January 21, 2025, authorizing specific individuals to execute SEC filings on its behalf and on behalf of its subsidiaries and affiliates. This new Power of Attorney expressly revokes the previous one dated April 30, 2023. | 01/21/2025 | Streamlines the process for BlackRock, Inc. to comply with ownership and control-person reporting requirements by designating authorized signatories for various regulatory filings. |
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake by BlackRock, Inc. may be viewed positively by other shareholders as a vote of confidence in Skyworks Solutions Inc.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Previous Power of Attorney revoked by BlackRock, Inc. |
| 01/21/2025 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| 06/30/2025 | Date of event which required the filing of this statement. |
| 07/17/2025 | Date of signing and filing of the Schedule 13G Amendment No. 2. |
Keywords
BlackRock, Skyworks Solutions Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Equity Stake
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