Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) has received a consensus rating of “Hold” from the twenty-two brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, seventeen have given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $83.1765.
A number of equities analysts have recently issued reports on SWKS shares. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. UBS Group dropped their target price on Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Barclays raised Skyworks Solutions from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $58.00 to $88.00 in a research report on Wednesday, October 29th. Morgan Stanley raised their price objective on Skyworks Solutions from $65.00 to $89.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th.
Read Our Latest Stock Report on SWKS
Skyworks Solutions Price Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company had revenue of $1.10 billion during the quarter. During the same period last year, the company earned $1.55 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, equities research analysts anticipate that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.
Skyworks Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, November 18th. Skyworks Solutions’s payout ratio is 92.51%.
Insider Buying and Selling
In other news, SVP Robert John Terry sold 4,945 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the sale, the senior vice president owned 19,824 shares in the company, valued at approximately $1,234,638.72. This represents a 19.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.28% of the company’s stock.
Institutional Investors Weigh In On Skyworks Solutions
Institutional investors have recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. acquired a new position in shares of Skyworks Solutions during the third quarter valued at about $1,167,000. Danske Bank A S purchased a new stake in Skyworks Solutions during the 3rd quarter worth approximately $366,000. Advisory Services Network LLC increased its stake in Skyworks Solutions by 2.4% during the 3rd quarter. Advisory Services Network LLC now owns 15,496 shares of the semiconductor manufacturer’s stock valued at $1,193,000 after purchasing an additional 361 shares in the last quarter. Morningstar Investment Management LLC purchased a new position in shares of Skyworks Solutions in the third quarter worth $3,261,000. Finally, NewEdge Advisors LLC lifted its stake in shares of Skyworks Solutions by 111.1% during the third quarter. NewEdge Advisors LLC now owns 35,133 shares of the semiconductor manufacturer’s stock worth $2,705,000 after buying an additional 18,490 shares during the period. Institutional investors and hedge funds 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.
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