Envestnet Asset Management Inc. Has $19.79 Million Stock Holdings in Skyworks Solutions, Inc. $SWKS

Envestnet Asset Management Inc. cut its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 51.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 257,092 shares of the semiconductor manufacturer’s stock after selling 269,254 shares during the quarter. Envestnet Asset Management Inc. owned 0.17% of Skyworks Solutions worth $19,791,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of SWKS. Atlantic Union Bankshares Corp bought a new stake in Skyworks Solutions during the second quarter worth $28,000. Financial Consulate Inc. bought a new stake in shares of Skyworks Solutions during the 3rd quarter worth $29,000. Clearstead Trust LLC raised its stake in shares of Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 274 shares during the period. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions during the second quarter valued at about $32,000. Finally, Parkside Financial Bank & Trust increased its holdings in Skyworks Solutions by 98.6% during the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 217 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Loop Capital decreased their target price on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Friday, January 2nd. Craig Hallum decreased their price objective on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Citigroup lowered their price objective on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. JPMorgan Chase & Co. cut their target price on shares of Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $65.00 price target (down previously from $72.00) on shares of Skyworks Solutions in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Skyworks Solutions currently has a consensus rating of “Hold” and an average target price of $70.50.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $62.10 on Friday. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $90.90. The stock has a market capitalization of $9.34 billion, a P/E ratio of 23.88 and a beta of 1.33. The company’s 50-day moving average is $62.01 and its 200 day moving average is $69.03. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.14. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Announces Dividend

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

Insider Buying and Selling

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares in the company, valued at $1,234,638.72. This trade represents a 19.96% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is currently owned by insiders.

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.