Skyworks Solutions (NASDAQ:SWKS) Lowered to Underperform Rating by Mizuho

Mizuho downgraded shares of Skyworks Solutions (NASDAQ:SWKS) from a neutral rating to an underperform rating in a report issued on Monday morning, MarketBeat Ratings reports. The firm currently has $60.00 target price on the semiconductor manufacturer’s stock.

Several other research firms have also recently weighed in on SWKS. UBS Group increased their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Loop Capital increased their price objective on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, October 16th. Citigroup increased their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $70.87.

Skyworks Solutions Trading Up 1.1%

Shares of NASDAQ SWKS opened at $76.14 on Monday. The firm has a 50 day moving average price of $75.55 and a two-hundred day moving average price of $71.11. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. Skyworks Solutions has a 52-week low of $47.93 and a 52-week high of $98.34. The stock has a market cap of $11.30 billion, a P/E ratio of 30.46 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company had revenue of $965.00 million during the quarter, compared to analysts’ expectations of $940.00 million. During the same period in the prior year, the company posted $1.21 earnings per share. Skyworks Solutions’s revenue for the quarter was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, equities analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were paid a dividend of $0.71 per share. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. This represents a $2.84 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions’s payout ratio is currently 113.60%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Park Place Capital Corp boosted its stake in Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Skyworks Solutions during the second quarter valued at about $28,000. Clearstead Trust LLC grew its holdings in shares of Skyworks Solutions by 200.0% during the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 274 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions during the second quarter valued at about $32,000. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Skyworks Solutions by 98.6% during the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 217 shares during the last quarter. 85.43% of the stock is owned by institutional investors.

About Skyworks Solutions

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.