Exchange Traded Concepts LLC Buys 17,874 Shares of Skyworks Solutions, Inc. $SWKS

Exchange Traded Concepts LLC grew its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 33.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,943 shares of the semiconductor manufacturer’s stock after buying an additional 17,874 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Skyworks Solutions were worth $5,538,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SWKS. Board of the Pension Protection Fund acquired a new position in Skyworks Solutions in the 3rd quarter worth $254,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Skyworks Solutions in the third quarter valued at about $215,000. Wedmont Private Capital lifted its holdings in shares of Skyworks Solutions by 5.8% in the third quarter. Wedmont Private Capital now owns 2,775 shares of the semiconductor manufacturer’s stock valued at $206,000 after purchasing an additional 151 shares in the last quarter. Czech National Bank boosted its position in shares of Skyworks Solutions by 2.7% during the third quarter. Czech National Bank now owns 37,698 shares of the semiconductor manufacturer’s stock worth $2,902,000 after buying an additional 1,002 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Skyworks Solutions by 586.3% during the third quarter. Assenagon Asset Management S.A. now owns 430,282 shares of the semiconductor manufacturer’s stock worth $33,123,000 after buying an additional 367,588 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Insider Buying and Selling

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the firm’s 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 of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the transaction, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on SWKS. Cfra set a $90.00 target price on Skyworks Solutions in a research note on Tuesday, October 28th. Morgan Stanley boosted their price objective on shares of Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. UBS Group reduced their target price on shares of Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. BNP Paribas Exane lifted their price target on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Finally, Mizuho raised shares of Skyworks Solutions from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $65.00 to $73.00 in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $83.18.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $64.31 on Thursday. The firm has a market capitalization of $9.64 billion, a P/E ratio of 20.95 and a beta of 1.31. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. The firm’s fifty day moving average price is $69.21 and its two-hundred day moving average price is $72.48. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.23. The company had revenue of $1.10 billion for the quarter. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were paid a $0.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.4%. Skyworks Solutions’s dividend payout ratio is currently 92.51%.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.