Skyworks Solutions, Inc. $SWKS Shares Bought by Alps Advisors Inc.

Alps Advisors Inc. grew its position in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) by 79.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 612,982 shares of the semiconductor manufacturer’s stock after acquiring an additional 271,557 shares during the quarter. Alps Advisors Inc. owned about 0.41% of Skyworks Solutions worth $47,187,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SWKS. Atlantic Union Bankshares Corp acquired a new position in Skyworks Solutions in the second quarter valued at $28,000. Financial Consulate Inc. purchased a new position in shares of Skyworks Solutions during the third quarter worth about $29,000. Clearstead Trust LLC increased its position in Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions in the 2nd quarter valued at about $32,000. Finally, Parkside Financial Bank & Trust raised its stake in Skyworks Solutions by 98.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 217 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

More Skyworks Solutions News

Here are the key news stories impacting Skyworks Solutions this week:

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. Citigroup decreased their price target on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a report on Wednesday. Loop Capital dropped their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research note on Friday, January 2nd. Stifel Nicolaus restated a “hold” rating and set a $65.00 price objective (down previously from $72.00) on shares of Skyworks Solutions in a research report on Wednesday. Finally, JPMorgan Chase & Co. lowered their target price on shares of Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $70.50.

Get Our Latest Stock Analysis on Skyworks Solutions

Skyworks Solutions Trading Up 1.9%

Shares of Skyworks Solutions stock opened at $62.10 on Friday. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $90.90. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.17. The stock has a market cap of $9.31 billion, a PE ratio of 23.88 and a beta of 1.33. The company has a 50-day moving average of $62.63 and a two-hundred day moving average of $69.38.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, topping the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same quarter in the previous year, the company earned $1.60 EPS. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be given a $0.71 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.6%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 109.23%.

Insiders Place Their Bets

In other news, 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 completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the 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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.28% of the company’s stock.

About Skyworks Solutions

(Free Report)

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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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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