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

ProShare Advisors LLC increased its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,256 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,095 shares during the quarter. ProShare Advisors LLC owned 0.11% of Skyworks Solutions worth $10,415,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quest 10 Wealth Builders Inc. grew its stake in Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 342 shares in the last quarter. Sound Income Strategies LLC grew its stake in Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions during the 2nd quarter worth $32,000. MUFG Securities EMEA plc acquired a new position in Skyworks Solutions during the 2nd quarter worth $33,000. Finally, Root Financial Partners LLC acquired a new position in Skyworks Solutions during the 3rd quarter worth $36,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Trading Down 1.1%

NASDAQ:SWKS opened at $73.54 on Friday. The stock has a 50-day simple moving average of $60.24 and a 200-day simple moving average of $61.92. The stock has a market cap of $11.06 billion, a P/E ratio of 30.51 and a beta of 1.48. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year high of $90.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.11. The business had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, analysts anticipate that Skyworks Solutions, Inc. will post 3.55 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is currently 117.84%.

Wall Street Analysts Forecast Growth

SWKS has been the subject of several analyst reports. B. Riley Financial boosted their target price on Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Morgan Stanley boosted their target price on Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. TD Cowen boosted their target price on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Barclays raised Skyworks Solutions from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $60.00 to $70.00 in a research note on Wednesday, April 22nd. Finally, BNP Paribas Exane boosted their target price on Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $76.61.

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.