Russell Investments Group Ltd. decreased its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 653,611 shares of the semiconductor manufacturer’s stock after selling 22,643 shares during the quarter. Russell Investments Group Ltd.’s holdings in Skyworks Solutions were worth $50,314,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. United Services Automobile Association purchased a new stake in shares of Skyworks Solutions in the first quarter valued at about $236,000. Focus Partners Wealth grew its holdings in shares of 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 buying an additional 4,702 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Skyworks Solutions in the 2nd quarter valued at about $28,000. Fox Run Management L.L.C. acquired a new position in Skyworks Solutions in the 2nd quarter valued at about $276,000. Finally, Los Angeles Capital Management LLC purchased a new stake in Skyworks Solutions during the 2nd quarter valued at approximately $1,087,000. Institutional investors and hedge funds own 85.43% of the company’s stock.
Analyst Ratings Changes
A number of analysts have weighed in on SWKS shares. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, February 4th. Craig Hallum dropped their target price on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Mizuho cut their price target on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday, January 26th. Wall Street Zen downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, KeyCorp lowered their price objective on shares of Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $70.50.
Skyworks Solutions Stock Performance
NASDAQ:SWKS opened at $55.35 on Thursday. The firm’s fifty day simple moving average is $59.44 and its 200-day simple moving average is $67.37. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09. The stock has a market cap of $8.32 billion, a PE ratio of 21.29 and a beta of 1.30. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $90.90.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.
Skyworks Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio (DPR) 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.
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