Skyworks Solutions, Inc. $SWKS Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp decreased its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 6.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,389,435 shares of the semiconductor manufacturer’s stock after selling 94,519 shares during the period. Van ECK Associates Corp’s holdings in Skyworks Solutions were worth $106,958,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vestcor Inc lifted its position in shares of Skyworks Solutions by 84.2% in the third quarter. Vestcor Inc now owns 9,848 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 4,503 shares in the last quarter. Schroder Investment Management Group raised its position in Skyworks Solutions by 9.4% in the third quarter. Schroder Investment Management Group now owns 175,597 shares of the semiconductor manufacturer’s stock worth $13,517,000 after purchasing an additional 15,042 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in Skyworks Solutions during the third quarter worth about $1,612,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Skyworks Solutions in the third quarter worth about $322,000. Finally, Vinva Investment Management Ltd bought a new stake in shares of Skyworks Solutions during the third quarter worth approximately $768,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank Of Canada assumed coverage on Skyworks Solutions in a research note on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 price target on the stock. UBS Group dropped their price objective on shares of Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. TD Cowen lowered their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Wednesday, February 4th. Weiss Ratings cut Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Finally, Zacks Research downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $70.50.

Skyworks Solutions Stock Performance

Shares of Skyworks Solutions stock opened at $54.93 on Wednesday. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $90.90. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 21.13 and a beta of 1.30. The business has a 50-day simple moving average of $59.60 and a 200 day simple moving average of $67.45. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. During the same period in the previous year, the firm earned $1.60 EPS. The business’s revenue for the quarter 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. On average, research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be given a $0.71 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 annualized dividend and a dividend yield of 5.2%. Skyworks Solutions’s payout ratio is 109.23%.

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.