Rafferty Asset Management LLC Cuts Stake in Skyworks Solutions, Inc. $SWKS

Rafferty Asset Management LLC cut its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 35.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,301,243 shares of the semiconductor manufacturer’s stock after selling 723,000 shares during the quarter. Rafferty Asset Management LLC owned approximately 0.88% of Skyworks Solutions worth $100,170,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. United Services Automobile Association acquired a new position in shares of Skyworks Solutions during the first quarter valued at approximately $236,000. Focus Partners Wealth increased its position in shares of Skyworks Solutions by 99.0% during the first 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 in the last quarter. Focus Partners Advisor Solutions LLC raised its stake in Skyworks Solutions by 48.9% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 4,629 shares of the semiconductor manufacturer’s stock valued at $345,000 after purchasing an additional 1,520 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Skyworks Solutions by 10.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 526,346 shares of the semiconductor manufacturer’s stock valued at $39,223,000 after purchasing an additional 51,494 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its holdings in Skyworks Solutions by 360.4% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 39,381 shares of the semiconductor manufacturer’s stock valued at $2,935,000 after purchasing an additional 30,827 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Trading Down 0.1%

SWKS opened at $59.58 on Friday. The stock has a market capitalization of $8.96 billion, a PE ratio of 22.92 and a beta of 1.33. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $90.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. The business’s 50 day moving average price is $60.72 and its 200 day moving average price is $68.43.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $999.02 million. During the same quarter in the previous year, the business earned $1.60 earnings per share. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, equities research analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

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 paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, February 24th. Skyworks Solutions’s payout ratio is 109.23%.

Analyst Upgrades and Downgrades

SWKS has been the subject of a number of research reports. Barclays dropped their target price on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Wall Street Zen cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Argus upgraded shares of Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. Craig Hallum decreased their target price on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Finally, B. Riley Financial dropped their price target on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $70.50.

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.