Advisors Asset Management Inc. Purchases 26,111 Shares of Skyworks Solutions, Inc. $SWKS

Advisors Asset Management Inc. boosted its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 22.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 143,658 shares of the semiconductor manufacturer’s stock after acquiring an additional 26,111 shares during the period. Advisors Asset Management Inc. owned 0.10% of Skyworks Solutions worth $11,059,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AE Wealth Management LLC increased its stake in shares of Skyworks Solutions by 7.8% during the third quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock valued at $14,898,000 after buying an additional 14,007 shares during the period. Rakuten Investment Management Inc. purchased a new position in Skyworks Solutions during the 3rd quarter valued at $12,155,000. Robeco Institutional Asset Management B.V. increased its position in Skyworks Solutions by 26.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock valued at $51,728,000 after purchasing an additional 142,600 shares during the period. Y Intercept Hong Kong Ltd raised its holdings in Skyworks Solutions by 102.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock worth $6,141,000 after purchasing an additional 40,390 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Skyworks Solutions by 33.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock worth $5,538,000 after purchasing an additional 17,874 shares during the period. 85.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SWKS shares. Piper Sandler raised shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $70.00 to $140.00 in a research note on Wednesday, October 29th. Citigroup decreased their target price on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Argus upgraded Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Cfra set a $90.00 price target on Skyworks Solutions in a research note on Tuesday, October 28th. Finally, TD Cowen lowered their price objective on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Wednesday, February 4th. Two equities 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $70.50.

Skyworks Solutions Price Performance

Shares of SWKS stock opened at $63.68 on Thursday. The stock’s 50-day moving average is $62.32 and its 200 day moving average is $69.17. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The company has a market cap of $9.58 billion, a P/E ratio of 24.49 and a beta of 1.33.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $999.02 million. During the same period in the prior year, the firm posted $1.60 earnings per share. 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. Research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio is currently 109.23%.

Insider Activity

In other news, SVP Robert John Terry sold 4,945 shares of the business’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 sale, the senior vice president 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 26,087 shares in the company, valued at approximately $1,624,176.62. This represents a 21.94% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by company insiders.

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.