Skyworks Solutions, Inc. $SWKS Shares Sold by Oak Thistle LLC

Oak Thistle LLC lowered its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 73.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,334 shares of the semiconductor manufacturer’s stock after selling 23,553 shares during the quarter. Oak Thistle LLC’s holdings in Skyworks Solutions were worth $642,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Aaron Wealth Advisors LLC increased its position in Skyworks Solutions by 402.1% during the third quarter. Aaron Wealth Advisors LLC now owns 22,264 shares of the semiconductor manufacturer’s stock worth $1,714,000 after purchasing an additional 17,830 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Skyworks Solutions by 10.1% during the 3rd quarter. GAMMA Investing LLC now owns 10,693 shares of the semiconductor manufacturer’s stock worth $823,000 after buying an additional 981 shares during the last quarter. Rowlandmiller & PARTNERS.ADV increased its holdings in shares of Skyworks Solutions by 24.0% during the 3rd quarter. Rowlandmiller & PARTNERS.ADV now owns 40,101 shares of the semiconductor manufacturer’s stock worth $3,087,000 after buying an additional 7,768 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Skyworks Solutions by 1.7% in the second quarter. Corient Private Wealth LLC now owns 34,901 shares of the semiconductor manufacturer’s stock valued at $2,601,000 after acquiring an additional 567 shares during the last quarter. Finally, Texas Permanent School Fund Corp grew its position in Skyworks Solutions by 174.2% during the second quarter. Texas Permanent School Fund Corp now owns 48,421 shares of the semiconductor manufacturer’s stock valued at $3,608,000 after acquiring an additional 30,762 shares during the period. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SWKS shares. Citigroup raised shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and increased their target price for the stock from $66.00 to $105.00 in a research report on Wednesday, October 29th. Barclays raised shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $58.00 to $88.00 in a research note on Wednesday, October 29th. UBS Group decreased their price target on shares of Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Cfra set a $90.00 price objective on Skyworks Solutions in a research report on Tuesday, October 28th. Finally, Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $83.18.

Insider Buying and Selling

In related news, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were 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. This represents a 19.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s 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 transaction, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. This represents a 21.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.28% of the company’s stock.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $64.68 on Friday. 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 company’s fifty day moving average price is $69.74 and its two-hundred day moving average price is $72.61. The firm has a market capitalization of $9.62 billion, a P/E ratio of 21.07 and a beta of 1.31. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $95.46.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company had revenue of $1.10 billion during the quarter. During the same quarter in the prior year, the business earned $1.55 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were issued a dividend of $0.71 per share. The ex-dividend date was Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.4%. Skyworks Solutions’s payout ratio is currently 92.51%.

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.