Skyworks Solutions, Inc. $SWKS Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 472,421 shares of the semiconductor manufacturer’s stock after purchasing an additional 42,139 shares during the period. Assenagon Asset Management S.A. owned 0.32% of Skyworks Solutions worth $29,956,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SWKS. Vanguard Group Inc. grew its position in shares of Skyworks Solutions by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock valued at $1,594,620,000 after buying an additional 958,768 shares during the last quarter. Pzena Investment Management LLC lifted its position in Skyworks Solutions by 0.5% in the third quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer’s stock valued at $944,711,000 after acquiring an additional 64,519 shares during the last quarter. Invesco Ltd. boosted its stake in Skyworks Solutions by 4.0% in the third quarter. Invesco Ltd. now owns 4,381,560 shares of the semiconductor manufacturer’s stock valued at $337,292,000 after acquiring an additional 168,663 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Skyworks Solutions by 14.5% during the third quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer’s stock worth $241,829,000 after purchasing an additional 397,287 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Skyworks Solutions by 26.9% during the third quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer’s stock worth $158,295,000 after purchasing an additional 436,373 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on SWKS. Weiss Ratings downgraded Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Loop Capital dropped their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research note on Friday, January 2nd. Mizuho reduced their price objective on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday, January 26th. B. Riley Financial decreased their price objective on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Finally, BNP Paribas Exane lowered their target price on shares of Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $70.50.

Skyworks Solutions Stock Up 1.5%

SWKS stock opened at $56.19 on Thursday. The stock has a market capitalization of $8.45 billion, a PE ratio of 21.61 and a beta of 1.30. The company has a fifty day moving average of $58.03 and a 200-day moving average of $65.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. The business had revenue of $1.04 billion for 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 business’s revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio is 109.23%.

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.