Crossmark Global Holdings Inc. Buys 14,668 Shares of Skyworks Solutions, Inc. $SWKS

Crossmark Global Holdings Inc. lifted its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 326.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,163 shares of the semiconductor manufacturer’s stock after acquiring an additional 14,668 shares during the period. Crossmark Global Holdings Inc.’s holdings in Skyworks Solutions were worth $1,475,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. United Services Automobile Association acquired a new position in Skyworks Solutions during the first quarter valued at approximately $236,000. Focus Partners Wealth raised its holdings in Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after purchasing an additional 4,702 shares during the period. Assetmark Inc. raised its holdings in Skyworks Solutions by 130.8% in the second quarter. Assetmark Inc. now owns 1,590 shares of the semiconductor manufacturer’s stock worth $118,000 after purchasing an additional 901 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Skyworks Solutions during the second quarter worth $28,000. Finally, Bryn Mawr Trust Advisors LLC boosted its position in shares of Skyworks Solutions by 16.9% during the second quarter. Bryn Mawr Trust Advisors LLC now owns 3,991 shares of the semiconductor manufacturer’s stock worth $297,000 after purchasing an additional 577 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on SWKS shares. Royal Bank Of Canada initiated coverage on shares of Skyworks Solutions in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 price objective for the company. Zacks Research lowered Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Craig Hallum decreased their target price on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. KeyCorp lowered their price target on Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Finally, Barclays dropped their price target on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $70.50.

Skyworks Solutions Trading Down 2.8%

Shares of NASDAQ:SWKS opened at $54.90 on Monday. The firm has a market cap of $8.26 billion, a price-to-earnings ratio of 21.12 and a beta of 1.30. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $90.90. The company’s fifty day simple moving average is $59.97 and its 200 day simple moving average is $67.74. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, research analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio is currently 109.23%.

Skyworks Solutions 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.