Swiss Life Asset Management Ltd Lowers Holdings in Skyworks Solutions, Inc. $SWKS

Swiss Life Asset Management Ltd trimmed its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 48.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,916 shares of the semiconductor manufacturer’s stock after selling 28,636 shares during the period. Swiss Life Asset Management Ltd’s holdings in Skyworks Solutions were worth $2,303,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Financial Consulate Inc. purchased a new stake in shares of Skyworks Solutions in the third quarter worth $29,000. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the 2nd quarter worth about $32,000. MUFG Securities EMEA plc bought a new position in Skyworks Solutions in the 2nd quarter worth about $33,000. Root Financial Partners LLC purchased a new stake in shares of Skyworks Solutions in the 3rd quarter valued at about $36,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Skyworks Solutions during the 3rd quarter valued at about $38,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Up 0.1%

Shares of NASDAQ SWKS opened at $54.49 on Tuesday. The stock has a market capitalization of $8.19 billion, a P/E ratio of 20.96 and a beta of 1.30. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $90.90. The firm’s 50 day simple moving average is $58.16 and its two-hundred day simple moving average is $66.15. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $999.02 million. During the same period in the previous year, the business posted $1.60 EPS. The business’s quarterly 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. As a group, analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

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

Wall Street Analyst Weigh In

SWKS has been the topic of several research analyst reports. Wall Street Zen cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Stifel Nicolaus reissued a “hold” rating and issued a $65.00 price target (down from $72.00) on shares of Skyworks Solutions in a report on Wednesday, February 4th. Mizuho lowered their price objective on shares of Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Monday, January 26th. Weiss Ratings lowered shares of Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Finally, Argus raised Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. One 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $70.50.

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.