Skyworks Solutions (NASDAQ:SWKS – Free Report) had its price objective cut by Susquehanna from $75.00 to $65.00 in a research note published on Thursday morning,Benzinga reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.
SWKS has been the subject of several other reports. Barclays dropped their target price on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Loop Capital lowered their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday, January 2nd. BNP Paribas Exane increased their price objective on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday, October 8th. Finally, Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $70.00 to $140.00 in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $77.39.
Read Our Latest Report on Skyworks Solutions
Skyworks Solutions Stock Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company had revenue of $1.10 billion during the quarter. During the same quarter last year, the firm posted $1.55 earnings per share. The company’s revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, sell-side analysts predict that Skyworks Solutions will post 3.7 EPS for the current year.
Skyworks Solutions Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th were given a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.8%. Skyworks Solutions’s dividend payout ratio is presently 92.51%.
Insider Buying and Selling at Skyworks Solutions
In other news, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated 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 directly owned 19,824 shares in the company, valued at $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares in the company, valued at $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Skyworks Solutions
Several large investors have recently made changes to their positions in the company. Park Place Capital Corp increased its position in shares of Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 141 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. lifted its position in Skyworks Solutions by 1.2% during the third quarter. Financiere des Professionnels Fonds d investissement inc. now owns 12,738 shares of the semiconductor manufacturer’s stock worth $981,000 after acquiring an additional 145 shares during the last quarter. Wedmont Private Capital grew its holdings in Skyworks Solutions by 5.8% in the 3rd quarter. Wedmont Private Capital now owns 2,775 shares of the semiconductor manufacturer’s stock valued at $206,000 after buying an additional 151 shares in the last quarter. Manske Wealth Management raised its stake in Skyworks Solutions by 3.8% in the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock worth $332,000 after purchasing an additional 160 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Skyworks Solutions by 5.3% during the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after acquiring an additional 163 shares during the period. Institutional investors and hedge funds 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.
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