Traders Purchase Large Volume of Skyworks Solutions Call Options (NASDAQ:SWKS)

Skyworks Solutions, Inc. (NASDAQ:SWKS) saw some unusual options trading on Monday. Investors bought 12,720 call options on the stock. This represents an increase of approximately 344% compared to the typical daily volume of 2,868 call options.

Skyworks Solutions Stock Up 1.1%

Skyworks Solutions stock traded up $0.72 during trading on Monday, hitting $69.25. 3,426,945 shares of the company were exchanged, compared to its average volume of 3,900,207. The business’s 50 day moving average is $58.90 and its 200 day moving average is $62.11. Skyworks Solutions has a 52 week low of $51.93 and a 52 week high of $90.90. The company has a market capitalization of $10.42 billion, a P/E ratio of 28.70 and a beta of 1.48. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.11. The business had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Analysts predict that Skyworks Solutions will post 3.55 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is 117.84%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SWKS. United Services Automobile Association bought a new position in Skyworks Solutions in the 1st quarter valued at $236,000. Focus Partners Wealth grew its stake in shares of Skyworks Solutions by 99.0% during the 1st quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after acquiring an additional 4,702 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Skyworks Solutions by 137.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock worth $171,000 after acquiring an additional 1,330 shares during the period. Gamco Investors INC. ET AL bought a new position in shares of Skyworks Solutions during the 2nd quarter worth $259,000. Finally, Gabelli Funds LLC bought a new position in shares of Skyworks Solutions during the 2nd quarter worth $1,004,000. Institutional investors own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Morgan Stanley increased their price target on Skyworks Solutions from $69.00 to $76.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, February 4th. B. Riley Financial boosted their target price on shares of Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their target price on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Craig Hallum boosted their target price on shares of Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $76.61.

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.