D.A. Davidson & CO. Sells 5,549 Shares of Skyworks Solutions, Inc. $SWKS

D.A. Davidson & CO. lessened its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 23.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,161 shares of the semiconductor manufacturer’s stock after selling 5,549 shares during the quarter. D.A. Davidson & CO.’s holdings in Skyworks Solutions were worth $1,353,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in Skyworks Solutions by 9.1% in the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock worth $13,152,000 after acquiring an additional 16,965 shares during the last quarter. Perigon Wealth Management LLC increased its stake in Skyworks Solutions by 30.6% in the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock worth $255,000 after acquiring an additional 927 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in Skyworks Solutions in the 1st quarter worth approximately $1,511,000. Envestnet Asset Management Inc. increased its stake in Skyworks Solutions by 91.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock worth $30,690,000 after acquiring an additional 226,938 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in Skyworks Solutions in the 2nd quarter worth approximately $442,000. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

SWKS opened at $75.84 on Tuesday. The business has a fifty day moving average of $75.68 and a 200 day moving average of $71.83. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $98.34. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The stock has a market cap of $11.26 billion, a P/E ratio of 30.34 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $965.00 million during the quarter, compared to analysts’ expectations of $940.00 million. During the same quarter in the previous year, the business earned $1.21 EPS. Skyworks Solutions’s revenue 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, sell-side analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, August 26th. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is presently 113.60%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. The Goldman Sachs Group assumed coverage on Skyworks Solutions in a research note on Thursday, July 10th. They issued a “sell” rating and a $70.00 price objective on the stock. Mizuho downgraded Skyworks Solutions from a “neutral” rating to an “underperform” rating and set a $60.00 price objective on the stock. in a research note on Monday, October 20th. Loop Capital lifted their price objective on Skyworks Solutions from $70.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday, October 16th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Skyworks Solutions from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Skyworks Solutions presently has an average rating of “Reduce” and a consensus target price of $70.87.

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.