Quantbot Technologies LP Cuts Stock Position in Skyworks Solutions, Inc. $SWKS

Quantbot Technologies LP trimmed its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 96.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,708 shares of the semiconductor manufacturer’s stock after selling 187,610 shares during the quarter. Quantbot Technologies LP’s holdings in Skyworks Solutions were worth $500,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. AE Wealth Management LLC purchased a new stake in Skyworks Solutions during the 2nd quarter worth approximately $13,378,000. HB Wealth Management LLC acquired a new stake in shares of Skyworks Solutions in the second quarter worth approximately $442,000. Entropy Technologies LP boosted its stake in shares of Skyworks Solutions by 74.4% in the second quarter. Entropy Technologies LP now owns 50,793 shares of the semiconductor manufacturer’s stock worth $3,785,000 after acquiring an additional 21,670 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Skyworks Solutions by 13.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 90,463 shares of the semiconductor manufacturer’s stock valued at $6,741,000 after purchasing an additional 10,549 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in Skyworks Solutions by 8.4% in the 2nd quarter. Prudential Financial Inc. now owns 94,421 shares of the semiconductor manufacturer’s stock valued at $7,036,000 after purchasing an additional 7,329 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

SWKS has been the subject of a number of research reports. KeyCorp set a $105.00 target price on shares of Skyworks Solutions and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Stifel Nicolaus set a $72.00 price objective on shares of Skyworks Solutions in a research note on Wednesday, November 5th. Barclays upgraded shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $58.00 to $88.00 in a report on Wednesday, October 29th. UBS Group lowered their target price on Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Finally, Arete Research upgraded Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $83.18.

Insider Buying and Selling at Skyworks Solutions

In other news, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction 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 completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares of the company’s stock, valued at $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.28% of the company’s stock.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $68.81 on Thursday. The company’s 50-day moving average is $71.00 and its two-hundred day moving average is $72.81. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $95.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76. The firm has a market capitalization of $10.23 billion, a price-to-earnings ratio of 22.41 and a beta of 1.31.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. The business had revenue of $1.10 billion during the quarter. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Analysts forecast 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, December 9th. Shareholders of record on Tuesday, November 18th were given a $0.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a yield of 4.1%. Skyworks Solutions’s payout ratio is currently 92.51%.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.