Susquehanna Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $65.00

Skyworks Solutions (NASDAQ:SWKS) had its price objective trimmed by Susquehanna from $75.00 to $65.00 in a report released on Thursday,Benzinga reports. The firm currently has a neutral rating on the semiconductor manufacturer’s stock.

A number of other equities research analysts have also recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Citigroup raised Skyworks Solutions from a “sell” rating to a “neutral” rating and upped their price objective for the company from $66.00 to $105.00 in a report on Wednesday, October 29th. Mizuho lowered their price objective on Skyworks Solutions from $73.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, January 9th. Loop Capital dropped their target price on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday, January 2nd. Finally, UBS Group reduced their target price on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and an average price target of $77.39.

Skyworks Solutions Stock Performance

SWKS stock opened at $58.96 on Thursday. Skyworks Solutions has a 1-year low of $47.93 and a 1-year high of $93.33. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. The firm has a market cap of $8.84 billion, a PE ratio of 19.21 and a beta of 1.30. The business’s 50-day moving average price is $63.69 and its two-hundred day moving average price is $70.50.

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 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 last year, the company earned $1.55 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, research analysts forecast that Skyworks Solutions will post 3.7 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th were paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, November 18th. Skyworks Solutions’s payout ratio is 92.51%.

Insider Activity

In other news, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were 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 owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. This represents a 19.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction that occurred 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 sale, the executive vice president owned 26,087 shares in the company, valued at $1,624,176.62. This represents a 21.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Skyworks Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in SWKS. Park Place Capital Corp increased its stake in shares of Skyworks Solutions by 62.1% in the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Skyworks Solutions in the second quarter valued at about $28,000. Sound Income Strategies LLC grew its position in Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 281 shares during the last quarter. Financial Consulate Inc. acquired a new position in Skyworks Solutions during the third quarter worth about $29,000. Finally, Clearstead Trust LLC raised its stake in Skyworks Solutions by 200.0% during the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 274 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors.

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.