Hillsdale Investment Management Inc. Reduces Holdings in Skyworks Solutions, Inc. $SWKS

Hillsdale Investment Management Inc. reduced its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 40.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,170 shares of the semiconductor manufacturer’s stock after selling 24,300 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Skyworks Solutions were worth $2,294,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Fideuram Asset Management Ireland dac purchased a new position in Skyworks Solutions during the 4th quarter valued at about $29,000. Geode Capital Management LLC increased its holdings in Skyworks Solutions by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 4,336,603 shares of the semiconductor manufacturer’s stock valued at $275,440,000 after acquiring an additional 11,368 shares in the last quarter. Employees Retirement System of Texas purchased a new position in Skyworks Solutions during the 4th quarter valued at about $46,000. Steel Grove Capital Advisors LLC increased its holdings in Skyworks Solutions by 123.0% during the 4th quarter. Steel Grove Capital Advisors LLC now owns 6,403 shares of the semiconductor manufacturer’s stock valued at $406,000 after acquiring an additional 3,532 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC purchased a new position in Skyworks Solutions during the 4th quarter valued at about $1,388,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Performance

Shares of NASDAQ SWKS opened at $77.85 on Monday. The company has a market cap of $11.71 billion, a PE ratio of 32.30 and a beta of 1.50. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. The company has a 50-day simple moving average of $63.42 and a 200-day simple moving average of $62.30.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The business had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. During the same period last year, the company earned $1.24 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities analysts anticipate that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.6%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 117.84%.

Wall Street Analyst Weigh In

SWKS has been the subject of a number of recent research reports. BNP Paribas Exane lifted their price target on shares of Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Barclays upgraded shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $60.00 to $70.00 in a report on Wednesday, April 22nd. KeyCorp lifted their price target on shares of Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Zacks Research downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Finally, Argus upgraded shares of Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $76.61.

About Skyworks Solutions

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.