Swiss Life Asset Management Ltd Decreases Stake in Skyworks Solutions, Inc. $SWKS

Swiss Life Asset Management Ltd lessened its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 48.9% in the third quarter, HoldingsChannel.com reports. The firm owned 29,916 shares of the semiconductor manufacturer’s stock after selling 28,636 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Skyworks Solutions were worth $2,303,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SWKS. United Services Automobile Association purchased a new stake in Skyworks Solutions during the 1st quarter valued at $236,000. Focus Partners Wealth raised its stake 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 valued at $611,000 after acquiring an additional 4,702 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Skyworks Solutions by 4.1% during the second quarter. Cetera Investment Advisers now owns 42,226 shares of the semiconductor manufacturer’s stock valued at $3,147,000 after acquiring an additional 1,662 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Skyworks Solutions by 131.9% during the second quarter. Franklin Resources Inc. now owns 280,642 shares of the semiconductor manufacturer’s stock worth $20,913,000 after purchasing an additional 159,648 shares during the period. Finally, Mufg Securities Americas Inc. boosted its holdings in shares of Skyworks Solutions by 16.9% during the second quarter. Mufg Securities Americas Inc. now owns 3,327 shares of the semiconductor manufacturer’s stock worth $248,000 after purchasing an additional 482 shares during the period. Institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. KeyCorp reduced their price target on Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Weiss Ratings lowered Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Argus raised Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada started coverage on shares of Skyworks Solutions in a report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 price target on the stock. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $70.50.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $54.49 on Tuesday. The company has a 50-day simple moving average of $58.16 and a two-hundred day simple moving average of $66.15. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The firm has a market capitalization of $8.19 billion, a PE ratio of 20.96 and a beta of 1.30. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.14. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates 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 was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Tuesday, February 24th. 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.