ProShare Advisors LLC Boosts Position in Skyworks Solutions, Inc. $SWKS

ProShare Advisors LLC boosted its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 8.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 157,161 shares of the semiconductor manufacturer’s stock after purchasing an additional 12,745 shares during the period. ProShare Advisors LLC owned about 0.11% of Skyworks Solutions worth $12,098,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Financiere des Professionnels Fonds d investissement inc. lifted its stake in shares of Skyworks Solutions by 1.2% in the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 12,738 shares of the semiconductor manufacturer’s stock worth $981,000 after purchasing an additional 145 shares during the period. Wedmont Private Capital increased its holdings in Skyworks Solutions by 5.8% during the third quarter. Wedmont Private Capital now owns 2,775 shares of the semiconductor manufacturer’s stock valued at $206,000 after buying an additional 151 shares during the last quarter. Unison Advisors LLC raised its position in Skyworks Solutions by 0.9% in the third quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock worth $1,388,000 after acquiring an additional 164 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Skyworks Solutions by 0.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,308 shares of the semiconductor manufacturer’s stock worth $1,807,000 after acquiring an additional 166 shares during the period. Finally, Parkside Financial Bank & Trust boosted its stake in shares of Skyworks Solutions by 98.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 217 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the sale, the executive vice president owned 26,087 shares in the company, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. BNP Paribas Exane reduced their price objective on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 21st. UBS Group cut their price target on Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Craig Hallum reduced their price target on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. JPMorgan Chase & Co. lowered their price objective on Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Finally, Morgan Stanley reduced their target price on shares of Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating for the company in a report on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Skyworks Solutions presently has an average rating of “Hold” and a consensus target price of $70.50.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $63.68 on Thursday. The firm has a market cap of $9.58 billion, a price-to-earnings ratio of 24.49 and a beta of 1.33. 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 business has a 50-day moving average price of $62.32 and a 200-day moving average price of $69.17. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $90.90.

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

Skyworks Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is 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.