First Trust Advisors LP Reduces Stock Position in Skyworks Solutions, Inc. $SWKS

First Trust Advisors LP trimmed its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 12.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,014,281 shares of the semiconductor manufacturer’s stock after selling 144,862 shares during the period. First Trust Advisors LP’s holdings in Skyworks Solutions were worth $78,079,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Financial Consulate Inc. purchased a new position in Skyworks Solutions in the 3rd quarter valued at approximately $29,000. Atlantic Union Bankshares Corp acquired a new position in Skyworks Solutions during the second quarter worth $28,000. Clearstead Trust LLC boosted its position 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 purchasing an additional 274 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Skyworks Solutions in the second quarter valued at $32,000. Finally, Parkside Financial Bank & Trust grew its holdings in Skyworks Solutions by 98.6% in the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 217 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on SWKS shares. Loop Capital cut their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research note on Friday, January 2nd. UBS Group lowered their price objective on shares of Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. TD Cowen dropped their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Wednesday, February 4th. Wall Street Zen cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, B. Riley Financial reduced their price target on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $70.50.

Skyworks Solutions Trading Up 0.9%

Shares of Skyworks Solutions stock opened at $55.28 on Tuesday. 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 cap of $8.31 billion, a PE ratio of 21.26 and a beta of 1.30. The business’s fifty day moving average is $59.79 and its two-hundred day moving average is $67.61. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09.

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

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 annualized dividend and a yield of 5.1%. Skyworks Solutions’s 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.