Earlier this week I executed some Portfolio transactions, and the time has come to share the details. There were a total of 4 moves – 1 trim and 3 purchases of existing holdings.
For the trim, I sold a portion of one of my tech holdings, unloading some of the most expensive shares. The stock has been performing poorly after peaking in 2021, so I decided to reduce my position a bit.
As for the buys, all 3 of the involved stocks had been purchased at least once in 2025. In once case, I added more to a stock position that I’ve been growing fairly aggressively, while in the other cases, I added to a pair of my smallest holdings in order to have them become a more significant position.
When all the moves were finished, the result was a net investment of several hundred dollars, and a tidy sum added to my forward dividend income.
Here are the gory details for my latest group of Portfolio moves…
Skyworks Solutions (SWKS)
Since 2021, there’s been a downturn in the smartphone market, intense competition, and for SWKS, an over-reliance on its largest customer, Apple (AAPL).
This has translated into negative sales and earnings growth over the past 2-3 years, which has in turn led to a noticeable decrease in the stock price of SWKS.
With a forecast of another year of negative earnings growth into 2026, taking some money off the table and putting it to use in other stocks seemed like a prudent move. Especially so, after SWKS had a decent 10%+ run-up in price in just a few days time.
For the trim, I targeted some of my most expensive shares so that I could gather a capital loss to offset capital gains that I took from previous Portfolio sales in 2025.
On 9/22/25, I sold 30 shares, from 4 different lots, at $83.355/share. The sale proceeds were $2,500.65 after not having to pay any SEC fee.
At my sale price, shares of SWKS yielded 3.41%. This is well above the stock’s 5-year average yield of 2.43%, and above my current Portfolio yield of 2.62%.
With this sale, I realized a long-term capital loss of $710.33. The sale also resulted in an $85.20 reduction in my annual forward dividend income.
About 19.4% of my SWKS position was sold. I still have 124.577 shares of SWKS remaining in my Portfolio. As a result of the trim, the cost basis of my shares dropped fairly significantly, by $5.81/share to $77.08/share.
Due to the trim, SWKS slipped in my Portfolio rankings. The sale took SWKS from 22nd in my rankings, all the way down to 32nd. The stock is currently slightly behind NextEra Energy (NEE), but ahead of Air Products & Chemicals (APD).
If SWKS can climb into the $80s again, I could see locking in a small profit and eliminating my position, but I’d first need to figure out another Tech name that I could put the proceeds into.
NNN REIT (NNN)
At the time I made this latest NNN buy, the stock was the smallest position in my Portfolio. Granted, I did have a trim of my NNN position back in July, so that certainly contributed to the small position size.
My plan has been to buy those shares back at a lower price, preferably below $40/share. Well, I did buy them for about $2/share lower than where I sold them in July, but not as low as I’d hoped. It’s still possible the price gets below $40, but I didn’t want to wait any longer.
Given: 1) that NNN was my smallest position (which I wished to make bigger), 2) that I could handle a larger Real Estate weighting in my Portfolio, 3) that NNN provides a nice yield that helps replace the lost dividend income from the SWKS sale, and 4) that the stock is currently on the cusp of being undervalued, I moved forward with the buy.
On 9/22/25, I bought 35 shares of NNN at $41.89/share, for a total of $1,466.15. The stock yielded 5.73% at my purchase price, which is more than double my current Portfolio yield.
The purchase jacked up my share total by nearly 38.2%, and my NNN position has grown to 126.696 shares. My forward dividend income rose by $84, too, nearly replacing all the income lost in the SWKS sale.
With this purchase, my NNN cost basis rose slightly, 31 cents per share, to $41.07/share.
NNN went from my smallest position, to my 6th smallest position after the buy. NNN currently trails Hershey Co. (HSY) by a decent amount, but is comfortably ahead of The Walt Disney Co. (DIS).
I’m looking to shed about 22 shares of NNN (shares I bought in Jan. 2024) should the stock rise above $43. This is part of the work I’m doing to lower my cost basis in the stock… similar to what I did when I sold 13 shares in July and bought them back here at a lower price.
Accenture (ACN)
This is the stock that I’ve been adding to quite a bit in 2025. In just the past 6 months, I’ve nearly doubled my position, and that was before this most recent buy.
The stock has not performed well this year, dropping close to 40% since February. A substantial drop in new bookings in recent quarters has created concern with investors and analysts alike. Also, there are concerns that the rise of AI and automation may impact demand for ACN’s traditional consulting services, potentially disrupting its core business.
The revenue and earnings for ACN seem to have held up fairly well though, and future earnings growth seems to be decent with estimates coming in around 8% for the next couple of years. This growth is a slowdown compared to the past, so perhaps the valuation for ACN has been adjusted for this by now.
ACN’s yield has risen significantly with the price decline this year, to a current 2.73%, rising well above its 5-year average yield of 1.51%. Its P/E ratio is currently 17.3, down from a 5-year average of 27.1. Its P/E ratio of 17.3 is also well below that of the Information Technology sector, which is 24.6.
On 9/22/25, I bought 3 shares of ACN at $238.95/share, costing me $716.85. The stock yielded 2.48% at my purchase price, which is a bit below my current Portfolio yield.
The price I paid here is just above the share price I bought at last month, when I bought 15 shares at $237.38.
The purchase raised my ACN share total by a little over 7.3%. My Portfolio now contains 43.756 shares of ACN. The purchase also added $17.76 to my annual forward dividend income.
My ACN cost basis dropped by a minor $1.24/share to a level of $255.78/share.
With the buy, ACN moved up 3 spots in my Portfolio rankings. It went from my 33rd largest holding to the 30th. The stock now currently sits between Microsoft (MSFT) and Nike (NKE) in my Portfolio rankings.
I’ve got room to add more ACN shares if the price is right. In the short-term, I’ll look for something below $230, but don’t be surprised if I add some shares below $237 either.
FedEx (FDX)
Similar to NNN, FDX is another stock that needs to either have a larger position in my Portfolio, or exit the Portfolio. I decided to add a few shares and keep FDX for now.
After a big price decline (about 33%) from December of last year to April of this year, FDX has stabilized in price (even rebounded a bit) and then has traded sideways for about 4 months.
At the moment, FDX is looking a bit undervalued, so it seemed to be a decent time to add. While earnings are looking to be flat through the end of FDX’s current fiscal year (May 2026), double-digit earnings growth is estimated by analysts for the next 2 years after that.
On 9/22/25, I bought 3 shares of FDX at $228.41/share, for a total of $685.23. The stock yielded 2.54% at my purchase price, which is just a tick below my current Portfolio yield.
The purchase raised my FDX share total by just over 17.9%. I now own 19.745 shares. The purchase also added $17.40 to my annual forward dividend income.
My FDX cost basis rose by a noticeable $8.98/share, and currently stands at $178.30/share.
Despite the addition, FDX didn’t move up in my Portfolio rankings. It remained my 2nd smallest holding since there was a gap between it and the next stock higher in my rankings. FDX is currently tightly sandwiched in between VICI Properties (VICI) and Eastman Chemical (EMN). EMN is now my smallest holding, primarily due to its poor performance over the past year.
I’ll look to pick up additional FDX shares should the stock price decline further. I’ll target something below $210 for now.
Summary
I made my first Portfolio moves for September this past week. I executed a minor flurry of four moves, including one trim and three purchases, all on the same day.
The transactions began with a trim of SWKS. I sold some of my most expensive shares as I looked to lighten up on this Tech company that hasn’t performed well the past 2 years and doesn’t have a quick turnaround lined up.
With the sales proceeds in hand, I then started making purchases to supplement some existing Portfolio stocks. The primary purchase was of a REIT. I bought shares of NNN, which helped me recoup the lost dividend income from the SWKS trim. The buy also helped ensure that NNN was no longer my smallest Portfolio holding.
I continued adding to ACN, too, which I’ve done a decent amount of in the last 6 months. ACN continues to trade near a 52-week low. The stock is as inexpensive as it’s been in a while.
Finally, I added a few shares of FDX. It’s another stock that I’m trying to help avoid be my smallest Portfolio position. The stock is looking a bit undervalued at the moment, so an addition seemed reasonable.
The four transactions resulted in a small net investment of $367.58 into my Portfolio. My annual forward income rose by $33.96 as a result of the moves, which presented an effective yield of better than 9.2%.
My SWKS trim had me realize a long-term capital loss of $710.33, which come tax time, I’ll use to help offset some long-term capital gains from earlier this year.
My cost basis in SWKS dropped with the trim. Meanwhile, for my purchases, my cost basis rose slightly for NNN, it fell a bit for ACN, and it rose a good amount for FDX.
With SWKS remaining in my Portfolio, and NNN, ACN & FDX already being a part of my Portfolio, the number of stocks/funds in my Portfolio held steady at 58.
Do you own any of the stocks that were involved in my trades? Also, what stocks have you been buying or selling recently? I look forward to your comments!