Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) have been assigned a consensus rating of “Reduce” from the twenty ratings firms that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $72.8667.
A number of equities research analysts have weighed in on SWKS shares. Citigroup lifted their target price on Skyworks Solutions from $63.00 to $66.00 and gave the company a “sell” rating in a research report on Wednesday, August 6th. Mizuho upped their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a report on Saturday, September 27th. The Goldman Sachs Group started coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They issued a “sell” rating and a $70.00 price target for the company. Finally, Arete Research upgraded shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th.
Check Out Our Latest Analysis on Skyworks Solutions
Skyworks Solutions Price Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. During the same quarter in the previous year, the firm posted $1.21 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, equities analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current year.
Skyworks Solutions Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, August 26th were given a dividend of $0.71 per share. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Tuesday, August 26th. This represents a $2.84 annualized dividend and a yield of 3.7%. Skyworks Solutions’s payout ratio is 113.60%.
Institutional Investors Weigh In On Skyworks Solutions
Hedge funds have recently made changes to their positions in the stock. Park Place Capital Corp grew its stake in Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth approximately $28,000. Clearstead Trust LLC raised its stake in shares of Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 274 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions during the second quarter valued at approximately $32,000. Finally, Parkside Financial Bank & Trust lifted its position in Skyworks Solutions by 98.6% during the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 217 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.
Skyworks Solutions Company Profile
Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.
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