Skyworks Solutions, Inc. $SWKS Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC trimmed its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 24.1% in the 1st quarter, HoldingsChannel reports. The fund owned 48,143 shares of the semiconductor manufacturer’s stock after selling 15,278 shares during the quarter. SG Americas Securities LLC’s holdings in Skyworks Solutions were worth $2,578,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Skyworks Solutions in the fourth quarter valued at $121,304,000. FIL Ltd lifted its stake in shares of Skyworks Solutions by 50.5% in the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock valued at $329,111,000 after purchasing an additional 1,742,338 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of Skyworks Solutions in the 4th quarter valued at $102,279,000. Marshall Wace LLP grew its holdings in shares of Skyworks Solutions by 391.3% during the 3rd quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock worth $41,401,000 after purchasing an additional 722,414 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Skyworks Solutions by 22.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,859,197 shares of the semiconductor manufacturer’s stock worth $244,720,000 after purchasing an additional 717,724 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

SWKS has been the topic of a number of recent analyst reports. Royal Bank Of Canada upped their target price on shares of Skyworks Solutions from $72.00 to $80.00 and gave the company a “sector perform” rating in a research report on Tuesday, June 23rd. TD Cowen lifted their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. BNP Paribas Exane lifted their price target on shares of Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. UBS Group boosted their price target on shares of Skyworks Solutions from $63.00 to $75.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Mizuho restated an “underperform” rating and issued a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $77.06.

Skyworks Solutions Stock Performance

Shares of Skyworks Solutions stock opened at $67.80 on Wednesday. The business has a 50-day moving average of $71.15 and a 200 day moving average of $63.39. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The stock has a market capitalization of $10.20 billion, a price-to-earnings ratio of 28.13 and a beta of 1.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.11. The company had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.Skyworks Solutions’s revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, sell-side analysts forecast that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th were issued a $0.71 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.2%. Skyworks Solutions’s payout ratio is 117.84%.

About Skyworks Solutions

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.