Skyworks Solutions (NASDAQ:SWKS) Price Target Lowered to $63.00 at UBS Group

Skyworks Solutions (NASDAQ:SWKS) had its price target cut by UBS Group from $80.00 to $63.00 in a report released on Tuesday,Benzinga reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

Several other equities research analysts have also issued reports on SWKS. Barclays dropped their target price on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Wall Street Zen cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Morgan Stanley lifted their price objective on shares of Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. BNP Paribas Exane increased their target price on Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Finally, KeyCorp set a $105.00 price target on Skyworks Solutions and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $78.67.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $57.41 on Tuesday. The company’s 50 day simple moving average is $64.23 and its two-hundred day simple moving average is $70.83. 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 1 year low of $47.93 and a 1 year high of $95.46. The stock has a market capitalization of $8.61 billion, a PE ratio of 18.70 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) 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 period in the prior year, the business posted $1.55 EPS. Skyworks Solutions’s quarterly 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. Analysts predict that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 4.9%. The ex-dividend date was Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio is presently 92.51%.

Insider Transactions at Skyworks Solutions

In related news, SVP Robert John Terry sold 4,945 shares of the 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 represents a 19.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction that occurred 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 transaction, the executive vice president directly 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. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is currently owned by company insiders.

Institutional Trading of Skyworks Solutions

A number of institutional investors have recently made changes to their positions in SWKS. Pzena Investment Management LLC increased its stake in shares of Skyworks Solutions by 57.3% in the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock worth $909,714,000 after buying an additional 4,444,747 shares during the period. Norges Bank purchased a new stake in Skyworks Solutions during the 2nd quarter valued at $140,807,000. Vanguard Group Inc. grew its holdings in Skyworks Solutions by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock worth $1,594,620,000 after acquiring an additional 958,768 shares during the last quarter. Marshall Wace LLP increased its position in shares of Skyworks Solutions by 391.3% in the third quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock valued at $41,401,000 after acquiring an additional 722,414 shares during the period. Finally, Rafferty Asset Management LLC increased its position in shares of Skyworks Solutions by 52.1% in the second quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer’s stock valued at $150,847,000 after acquiring an additional 693,379 shares during the period. Hedge funds and other 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.