LSV Asset Management Purchases 233,066 Shares of Skyworks Solutions, Inc. $SWKS

LSV Asset Management increased its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 13.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,909,536 shares of the semiconductor manufacturer’s stock after purchasing an additional 233,066 shares during the period. LSV Asset Management’s holdings in Skyworks Solutions were worth $146,996,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in shares of Skyworks Solutions in the 2nd quarter worth about $28,000. Financial Consulate Inc. bought a new position in shares of Skyworks Solutions in the 3rd quarter valued at about $29,000. Clearstead Trust LLC grew its position in Skyworks Solutions by 200.0% in 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. CYBER HORNET ETFs LLC purchased a new position in Skyworks Solutions in the second quarter worth about $32,000. Finally, Parkside Financial Bank & Trust increased its stake in Skyworks Solutions by 98.6% during the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 217 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

Insider Activity at Skyworks Solutions

In other news, SVP Robert John Terry sold 4,945 shares of the stock in a transaction 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 transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions 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 of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SWKS. Stifel Nicolaus reaffirmed a “hold” rating and issued a $65.00 price objective (down from $72.00) on shares of Skyworks Solutions in a research note on Wednesday, February 4th. BNP Paribas Exane lowered their price target on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 21st. B. Riley Financial dropped their price objective on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday, January 26th. Cfra Research raised shares of Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. Finally, Royal Bank Of Canada assumed coverage on shares of Skyworks Solutions in a report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $70.50.

Skyworks Solutions Stock Up 2.2%

Shares of SWKS opened at $63.68 on Thursday. The firm has a fifty day moving average price of $62.32 and a 200-day moving average price of $69.17. The company has a current ratio of 2.40, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $9.58 billion, a P/E ratio of 24.49 and a beta of 1.33. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $90.90.

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, beating analysts’ consensus estimates of $1.40 by $0.14. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the business posted $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $2.84 annualized dividend and a yield of 4.5%. Skyworks Solutions’s dividend payout ratio is 109.23%.

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.