Skyworks Solutions, Inc. $SWKS Shares Sold by South Dakota Investment Council

South Dakota Investment Council reduced its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 45.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,013 shares of the semiconductor manufacturer’s stock after selling 9,200 shares during the period. South Dakota Investment Council’s holdings in Skyworks Solutions were worth $848,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. United Services Automobile Association purchased a new position in shares of Skyworks Solutions during the 1st quarter worth approximately $236,000. Focus Partners Wealth grew its holdings in Skyworks Solutions by 99.0% during the first 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. Spire Wealth Management raised its position in Skyworks Solutions by 61.9% in the second quarter. Spire Wealth Management now owns 612 shares of the semiconductor manufacturer’s stock worth $46,000 after acquiring an additional 234 shares in the last quarter. Assetmark Inc. raised its position in Skyworks Solutions by 130.8% in the second quarter. Assetmark Inc. now owns 1,590 shares of the semiconductor manufacturer’s stock worth $118,000 after acquiring an additional 901 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Skyworks Solutions by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 1,619,940 shares of the semiconductor manufacturer’s stock valued at $120,718,000 after acquiring an additional 55,655 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on SWKS shares. Citigroup decreased their target price on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. B. Riley Financial cut their price target on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Weiss Ratings cut shares of Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. TD Cowen decreased their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a report on Wednesday, February 4th. Finally, Morgan Stanley lowered their target price on shares of Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $70.50.

Skyworks Solutions Stock Down 2.8%

Skyworks Solutions stock opened at $54.90 on Friday. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $90.90. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 21.12 and a beta of 1.30. The stock’s fifty day moving average is $59.97 and its two-hundred day moving average is $67.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. During the same quarter in the previous year, the company posted $1.60 EPS. The business’s revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a yield of 5.2%. Skyworks Solutions’s payout ratio is presently 109.23%.

Skyworks Solutions 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.