Keybank National Association OH Invests $9.80 Million in Skyworks Solutions, Inc. $SWKS

Keybank National Association OH acquired a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 183,017 shares of the semiconductor manufacturer’s stock, valued at approximately $9,801,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. United Services Automobile Association acquired a new stake in shares of Skyworks Solutions in the first quarter valued at $236,000. Focus Partners Wealth lifted its stake 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 acquiring an additional 4,702 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Skyworks Solutions by 137.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock worth $171,000 after acquiring an additional 1,330 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $259,000. Finally, Gabelli Funds LLC purchased a new position in Skyworks Solutions during the 2nd quarter valued at about $1,004,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $62.56 on Friday. The stock’s 50-day moving average is $71.35 and its two-hundred day moving average is $63.34. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. Skyworks Solutions, Inc. has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 25.96 and a beta of 1.50.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $943.70 million for the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.Skyworks Solutions’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Analysts forecast that Skyworks Solutions, Inc. will post 3.61 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th were paid a $0.71 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a yield of 4.5%. Skyworks Solutions’s payout ratio is currently 117.84%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SWKS. Craig Hallum boosted their price target on shares of Skyworks Solutions from $75.00 to $85.00 in a research note on Wednesday, May 6th. Stifel Nicolaus raised their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada lifted their price objective on shares of Skyworks Solutions from $72.00 to $80.00 and gave the company a “sector perform” rating in a report on Tuesday, June 23rd. JPMorgan Chase & Co. upped their target price on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Mizuho reiterated an “underperform” rating and set a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $77.06.

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.