Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $70.70 Consensus PT from Brokerages

Skyworks Solutions, Inc. (NASDAQ:SWKS) has been given a consensus recommendation of “Hold” by the twenty-three ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $70.50.

SWKS has been the subject of several recent analyst reports. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research note on Tuesday, October 28th. Citigroup reduced their price target on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” 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. Craig Hallum dropped their price objective on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Finally, Morgan Stanley decreased their target price on Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Monday, February 2nd.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $61.55 on Thursday. The business’s fifty day moving average is $62.55 and its 200 day moving average is $69.27. The firm has a market cap of $9.26 billion, a price-to-earnings ratio of 23.67 and a beta of 1.33. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. Skyworks Solutions has a 52-week low of $47.93 and a 52-week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, topping 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 business had revenue of $1.04 billion during 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 revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Research analysts predict that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 109.23%.

Insider Activity at Skyworks Solutions

In other news, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the sale, the senior vice president directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Skyworks Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of SWKS. Pzena Investment Management LLC lifted its position in Skyworks Solutions by 57.3% in the 2nd quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock worth $909,714,000 after buying an additional 4,444,747 shares during the last quarter. Norges Bank purchased a new position in shares of Skyworks Solutions during the second quarter worth approximately $140,807,000. Vanguard Group Inc. raised its stake in shares of Skyworks Solutions by 4.9% during the third quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock worth $1,594,620,000 after acquiring an additional 958,768 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of Skyworks Solutions by 391.3% in the 3rd quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock worth $41,401,000 after acquiring an additional 722,414 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in shares of Skyworks Solutions by 52.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer’s stock valued at $150,847,000 after purchasing an additional 693,379 shares in the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

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.