Skyworks Solutions (NASDAQ:SWKS) Price Target Lowered to $65.00 at Loop Capital

Skyworks Solutions (NASDAQ:SWKS) had its price objective cut by Loop Capital from $75.00 to $65.00 in a report issued on Friday morning,MarketScreener reports. They currently have a hold rating on the semiconductor manufacturer’s stock.

Several other research firms have also commented on SWKS. Citigroup raised Skyworks Solutions from a “sell” rating to a “neutral” rating and upped their target price for the company from $66.00 to $105.00 in a report on Wednesday, October 29th. Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley upped their price objective on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 29th. Wall Street Zen upgraded Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, BNP Paribas Exane boosted their price target on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and a consensus price target of $82.59.

Skyworks Solutions Stock Performance

Skyworks Solutions stock opened at $64.39 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $95.46. The company has a fifty day moving average price of $67.66 and a two-hundred day moving average price of $72.06. The company has a market cap of $9.65 billion, a PE ratio of 20.97 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results 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 11.67% and a return on equity of 12.01%. The company had revenue of $1.10 billion for the quarter. During the same period last year, the company posted $1.55 earnings per share. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Research analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio (DPR) is 92.51%.

Insider Activity

In related news, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were 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 owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This represents a 21.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the transaction, the senior vice president directly owned 19,824 shares in the company, valued at approximately $1,234,638.72. The trade was a 19.96% 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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SWKS. Park Place Capital Corp boosted its stake in Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares in the last quarter. Financial Consulate Inc. acquired a new stake in shares of Skyworks Solutions in the third quarter valued at $29,000. Atlantic Union Bankshares Corp bought a new position in Skyworks Solutions during the second quarter valued at about $28,000. Clearstead Trust LLC boosted its stake in 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 in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions during the second quarter worth about $32,000. Institutional investors own 85.43% of the company’s stock.

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.