Skyworks Solutions (NASDAQ:SWKS) Shares Down 10.4% – Here’s Why

Skyworks Solutions, Inc. (NASDAQ:SWKS) shares were down 10.4% during mid-day trading on Wednesday . The company traded as low as $59.32 and last traded at $59.36. Approximately 1,838,730 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 2,485,799 shares. The stock had previously closed at $66.27.

Wall Street Analyst Weigh In

SWKS has been the topic of several recent analyst reports. Stifel Nicolaus set a $72.00 target price on shares of Skyworks Solutions in a research note on Wednesday, November 5th. Barclays raised shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $58.00 to $88.00 in a research note on Wednesday, October 29th. JPMorgan Chase & Co. increased their price objective on shares of Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. Finally, KeyCorp set a $105.00 target price on Skyworks Solutions and gave the company an “overweight” rating in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $82.59.

Skyworks Solutions Trading Down 11.8%

The stock’s 50-day moving average price is $67.16 and its 200 day moving average price is $71.98. 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 $8.76 billion, a PE ratio of 19.03 and a beta of 1.30.

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

Skyworks Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th were paid a dividend of $0.71 per share. The ex-dividend date was Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.9%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 92.51%.

Insider Activity

In other news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the sale, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. The trade was 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 company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Skyworks Solutions

A number of large investors have recently bought and sold shares of the business. Pzena Investment Management LLC boosted its holdings in shares of Skyworks Solutions by 57.3% in the 2nd quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock valued at $909,714,000 after buying an additional 4,444,747 shares in the last quarter. Norges Bank purchased a new stake in Skyworks Solutions during the second quarter valued at approximately $140,807,000. Vanguard Group Inc. boosted its stake in Skyworks Solutions by 4.9% in the third quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock valued at $1,594,620,000 after acquiring an additional 958,768 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Skyworks Solutions in the second quarter worth $67,841,000. Finally, Marshall Wace LLP increased its position in shares of Skyworks Solutions by 391.3% during the third 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 in the last quarter. Institutional investors own 85.43% of the company’s stock.

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.