JPMorgan Chase & Co. Buys 29,444 Shares of Skyworks Solutions, Inc. $SWKS

JPMorgan Chase & Co. boosted its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 2.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,163,728 shares of the semiconductor manufacturer’s stock after buying an additional 29,444 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.78% of Skyworks Solutions worth $89,584,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SWKS. United Services Automobile Association bought a new position in Skyworks Solutions in the first quarter valued at about $236,000. Focus Partners Wealth raised its holdings in Skyworks Solutions by 99.0% during the 1st quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after purchasing an additional 4,702 shares during the last quarter. Allworth Financial LP lifted its position in Skyworks Solutions by 63.0% during the 2nd quarter. Allworth Financial LP now owns 2,118 shares of the semiconductor manufacturer’s stock valued at $158,000 after purchasing an additional 819 shares during the period. Vise Technologies Inc. acquired a new position in Skyworks Solutions during the 2nd quarter valued at about $201,000. Finally, SG Americas Securities LLC boosted its stake in shares of Skyworks Solutions by 49.1% in the 2nd quarter. SG Americas Securities LLC now owns 24,688 shares of the semiconductor manufacturer’s stock valued at $1,840,000 after purchasing an additional 8,125 shares during the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SWKS. Morgan Stanley dropped their price target on shares of Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating for the company in a research note on Monday, February 2nd. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Weiss Ratings cut shares of Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Royal Bank Of Canada initiated coverage on Skyworks Solutions in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 price target on the stock. Finally, 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 report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $70.50.

Skyworks Solutions Trading Down 1.5%

NASDAQ:SWKS opened at $53.71 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The business’s 50-day simple moving average is $58.62 and its 200-day simple moving average is $66.71. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $90.90. The stock has a market capitalization of $8.08 billion, a PE ratio of 20.66 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last announced 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. 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%. The business’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the company posted $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio is 109.23%.

Skyworks Solutions Company 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.