Barclays PLC Purchases 572,389 Shares of Skyworks Solutions, Inc. $SWKS

Barclays PLC raised its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 48.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,755,539 shares of the semiconductor manufacturer’s stock after acquiring an additional 572,389 shares during the quarter. Barclays PLC’s holdings in Skyworks Solutions were worth $111,319,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Manske Wealth Management boosted its holdings in shares of Skyworks Solutions by 3.8% in the third quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock worth $332,000 after acquiring an additional 160 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Skyworks Solutions by 5.3% in the third quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock worth $249,000 after acquiring an additional 163 shares during the period. International Private Wealth Advisors LLC boosted its holdings in shares of Skyworks Solutions by 5.9% in the fourth quarter. International Private Wealth Advisors LLC now owns 3,714 shares of the semiconductor manufacturer’s stock worth $236,000 after acquiring an additional 208 shares during the period. Asset Management One Co. Ltd. boosted its holdings in shares of Skyworks Solutions by 2.8% in the fourth quarter. Asset Management One Co. Ltd. now owns 7,881 shares of the semiconductor manufacturer’s stock worth $505,000 after acquiring an additional 213 shares during the period. Finally, Global Retirement Partners LLC boosted its holdings in shares of Skyworks Solutions by 16.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,672 shares of the semiconductor manufacturer’s stock worth $106,000 after acquiring an additional 230 shares during the period. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Trading Up 3.1%

Shares of SWKS stock opened at $76.26 on Tuesday. 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, Inc. has a 52-week low of $51.93 and a 52-week high of $90.90. The company has a market capitalization of $11.47 billion, a PE ratio of 31.64 and a beta of 1.50. The business’s fifty day moving average is $68.05 and its 200 day moving average is $63.15.

Skyworks Solutions (NASDAQ:SWKS) last issued 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. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company had revenue of $943.70 million for the quarter, compared to the consensus estimate of $901.76 million. During the same quarter last year, the business posted $1.24 earnings per share. The firm’s revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities research analysts anticipate that Skyworks Solutions, Inc. will post 3.61 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is 117.84%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SWKS. Zacks Research lowered Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. UBS Group raised their price target on Skyworks Solutions from $63.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Loop Capital raised their price target on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Craig Hallum raised their price target on Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. Finally, Morgan Stanley raised their price target on Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $76.61.

Skyworks Solutions 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.