Skyworks Solutions Sees Unusually Large Options Volume (NASDAQ:SWKS)

Skyworks Solutions, Inc. (NASDAQ:SWKS) saw unusually large options trading on Monday. Traders acquired 12,720 call options on the stock. This represents an increase of approximately 344% compared to the average daily volume of 2,868 call options.

Institutional Investors Weigh In On Skyworks Solutions

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Skyworks Solutions by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after buying an additional 389,168 shares during the last quarter. Pzena Investment Management LLC lifted its position in Skyworks Solutions by 27.6% in the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock worth $862,591,000 after buying an additional 3,481,658 shares during the last quarter. State Street Corp lifted its position in Skyworks Solutions by 1.0% in the 4th quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer’s stock worth $418,557,000 after buying an additional 64,187 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Skyworks Solutions by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer’s stock worth $374,229,000 after buying an additional 137,506 shares during the last quarter. Finally, FIL Ltd lifted its position in Skyworks Solutions by 50.5% in the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock worth $329,111,000 after buying an additional 1,742,338 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on SWKS. B. Riley Financial increased their price target on Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Susquehanna decreased their price objective on Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. TD Cowen raised their target price on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Mizuho restated an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Finally, Argus upgraded 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, four have assigned a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Price Performance

NASDAQ SWKS traded up $0.72 during trading hours on Monday, hitting $69.25. The company had a trading volume of 3,426,945 shares, compared to its average volume of 3,900,207. The firm has a market capitalization of $10.42 billion, a price-to-earnings ratio of 28.70 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38. The firm has a 50 day simple moving average of $58.90 and a 200 day simple moving average of $62.11. Skyworks Solutions has a 52 week low of $51.93 and a 52 week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The firm had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the company posted $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities research analysts expect that Skyworks Solutions will post 3.55 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a yield of 4.1%. Skyworks Solutions’s dividend payout ratio (DPR) is presently 117.84%.

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.