Skyworks Solutions (NASDAQ:SWKS) Upgraded at Cfra Research

Cfra Research upgraded shares of Skyworks Solutions (NASDAQ:SWKS) from a moderate sell rating to a hold rating in a research report report published on Tuesday morning,Zacks.com reports.

Several other analysts have also recently weighed in on the stock. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research report on Tuesday. Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $70.00 to $140.00 in a research report on Wednesday. Barclays upgraded Skyworks Solutions from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $58.00 to $88.00 in a research report on Wednesday. UBS Group raised Skyworks Solutions to a “positive” rating in a research note on Wednesday. Finally, Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $84.12.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $79.16 on Tuesday. The company has a market cap of $11.75 billion, a PE ratio of 31.66 and a beta of 1.20. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average price of $75.95 and a 200-day moving average price of $72.22. Skyworks Solutions has a 12-month low of $47.93 and a 12-month high of $95.46.

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. The company had revenue of $965.00 million for the quarter, compared to analysts’ expectations of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. Skyworks Solutions’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.21 earnings per share. 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 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio (DPR) is 113.60%.

Institutional Investors Weigh In On Skyworks Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its position in Skyworks Solutions by 20.9% during the 1st quarter. GAMMA Investing LLC now owns 3,947 shares of the semiconductor manufacturer’s stock worth $255,000 after acquiring an additional 682 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Skyworks Solutions by 6.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,420 shares of the semiconductor manufacturer’s stock valued at $867,000 after purchasing an additional 829 shares during the last quarter. Amalgamated Bank boosted its stake in shares of Skyworks Solutions by 1.5% during the first quarter. Amalgamated Bank now owns 31,496 shares of the semiconductor manufacturer’s stock valued at $2,036,000 after purchasing an additional 458 shares during the period. Vontobel Holding Ltd. boosted its stake in shares of Skyworks Solutions by 45.3% during the first quarter. Vontobel Holding Ltd. now owns 20,297 shares of the semiconductor manufacturer’s stock valued at $1,312,000 after purchasing an additional 6,325 shares during the period. Finally, Summit Trail Advisors LLC bought a new position in shares of Skyworks Solutions in the first quarter worth approximately $336,000. Institutional investors own 85.43% of the company’s stock.

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.