Illinois Municipal Retirement Fund Buys 16,263 Shares of Skyworks Solutions, Inc. $SWKS

Illinois Municipal Retirement Fund boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 10.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 176,744 shares of the semiconductor manufacturer’s stock after acquiring an additional 16,263 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Skyworks Solutions were worth $9,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Quest 10 Wealth Builders Inc. increased its stake in Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 342 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Skyworks Solutions during the second quarter valued at approximately $32,000. MUFG Securities EMEA plc purchased a new stake in shares of Skyworks Solutions during the second quarter valued at approximately $33,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Skyworks Solutions during the fourth quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC grew its holdings in shares of Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on SWKS shares. KeyCorp downgraded shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday. Citigroup increased their price target on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Stifel Nicolaus raised their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Barclays upgraded shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $77.47.

Skyworks Solutions News Summary

Here are the key news stories impacting Skyworks Solutions this week:

• Negative Sentiment: KeyBanc downgraded Skyworks and highlighted ongoing growth challenges, weaker earnings expectations, and insider stock sales, which can weigh on investor confidence. What Skyworks Solutions (SWKS)’s Q3 2026 Earnings and KeyBanc Downgrade Mean For Shareholders
• Negative Sentiment: Analyst estimates point to a sharp year-over-year earnings decline for the upcoming quarter, reinforcing fears that profitability is still under pressure. Skyworks Solutions Earnings Preview: What to Expect
• Neutral Sentiment: Skyworks scheduled its fiscal third-quarter 2026 earnings release and conference call for July 28, keeping investors focused on the upcoming results and guidance. Skyworks Sets Date for Third Quarter Fiscal 2026 Earnings Release and Conference Call
• Neutral Sentiment: KeyBanc also issued FY2027 and Q1 2027 earnings estimates, which were generally above the current full-year consensus but did not change its cautious “Sector Weight” stance. What Skyworks Solutions (SWKS)’s Q3 2026 Earnings and KeyBanc Downgrade Mean For Shareholders

Skyworks Solutions Price Performance

Shares of Skyworks Solutions stock opened at $57.63 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The company has a market cap of $8.67 billion, a PE ratio of 23.91 and a beta of 1.50. The business has a 50 day moving average of $70.28 and a 200 day moving average of $62.95. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $90.90.

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

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 117.84%.

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.