Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) have been given a consensus rating of “Hold” by the twenty-four research firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $70.2778.
A number of equities research analysts recently weighed in on SWKS shares. Morgan Stanley dropped their price target on Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating for the company in a report on Monday, February 2nd. BNP Paribas Exane reduced their price target on shares of Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 21st. Zacks Research downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. TD Cowen reduced their price target on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research report on Wednesday, February 4th. Finally, Citigroup reduced their price target on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th.
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Skyworks Solutions Price Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $999.02 million. During the same period last year, the firm posted $1.60 EPS. The business’s 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. On average, equities research analysts predict that Skyworks Solutions will post 3.25 earnings per share for the current year.
Skyworks Solutions Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th were given a dividend of $0.71 per share. The ex-dividend date was Tuesday, February 24th. This represents a $2.84 annualized dividend and a yield of 4.7%. Skyworks Solutions’s dividend payout ratio is 109.23%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AE Wealth Management LLC lifted its position in Skyworks Solutions by 7.8% during the 3rd quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock worth $14,898,000 after buying an additional 14,007 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in Skyworks Solutions during the 3rd quarter worth about $12,155,000. JPMorgan Chase & Co. raised its holdings in Skyworks Solutions by 2.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,163,728 shares of the semiconductor manufacturer’s stock worth $89,584,000 after purchasing an additional 29,444 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in Skyworks Solutions by 102.6% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock worth $6,141,000 after purchasing an additional 40,390 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Skyworks Solutions by 26.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock worth $51,728,000 after purchasing an additional 142,600 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.
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.
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