Investors Buy High Volume of Put Options on Skyworks Solutions (NASDAQ:SWKS)

Skyworks Solutions, Inc. (NASDAQ:SWKS) was the target of unusually large options trading activity on Monday. Traders acquired 9,333 put options on the company. This is an increase of approximately 89% compared to the typical daily volume of 4,942 put options.

Hedge Funds Weigh In On Skyworks Solutions

Several institutional investors have recently modified their holdings of SWKS. AlphaQuest LLC grew its position in shares of Skyworks Solutions by 662.4% in the 4th quarter. AlphaQuest LLC now owns 53,355 shares of the semiconductor manufacturer’s stock worth $3,383,000 after buying an additional 46,357 shares during the period. Jackson Creek Investment Advisors LLC purchased a new position in Skyworks Solutions in the fourth quarter worth about $1,388,000. JPMorgan Chase & Co. raised its holdings in Skyworks Solutions by 2.6% in the third quarter. JPMorgan Chase & Co. now owns 1,163,728 shares of the semiconductor manufacturer’s stock worth $89,584,000 after buying an additional 29,444 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Skyworks Solutions by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after buying an additional 389,168 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of Skyworks Solutions by 1,718.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,830 shares of the semiconductor manufacturer’s stock valued at $7,980,000 after buying an additional 118,909 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Price Performance

Shares of NASDAQ:SWKS opened at $68.01 on Wednesday. The company’s fifty day moving average price is $71.15 and its 200-day moving average price is $63.39. 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 firm has a market capitalization of $10.23 billion, a price-to-earnings ratio of 28.18 and a beta of 1.50. Skyworks Solutions has a one year low of $51.93 and a one year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $943.70 million during the quarter, compared to the consensus estimate 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 was down 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities research analysts anticipate that Skyworks Solutions will post 3.61 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is presently 117.84%.

Analyst Ratings Changes

Several brokerages have commented on SWKS. TD Cowen raised their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. KeyCorp upped 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. Barclays upgraded Skyworks Solutions from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $60.00 to $70.00 in a research report on Wednesday, April 22nd. BNP Paribas Exane boosted their target price on Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. Finally, Citigroup upped their target price on Skyworks Solutions from $63.00 to $77.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and an average target price of $77.06.

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.