Hillsdale Investment Management Inc. Takes Position in Skyworks Solutions, Inc. $SWKS

Hillsdale Investment Management Inc. acquired a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 44,500 shares of the semiconductor manufacturer’s stock, valued at approximately $3,316,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Park Place Capital Corp boosted its stake in shares of Skyworks Solutions by 62.1% during 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 in the last quarter. Horizon Investments LLC raised its holdings in Skyworks Solutions by 2.8% in the 1st quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer’s stock valued at $349,000 after buying an additional 146 shares during the last quarter. Keeley Teton Advisors LLC boosted its position in Skyworks Solutions by 1.1% during the 1st quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer’s stock worth $1,096,000 after buying an additional 178 shares during the period. Ridgewood Investments LLC boosted its position in Skyworks Solutions by 27.9% during the 1st quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer’s stock worth $56,000 after buying an additional 188 shares during the period. Finally, Inspire Advisors LLC grew its holdings in Skyworks Solutions by 1.3% during the 1st quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer’s stock worth $952,000 after acquiring an additional 194 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

SWKS has been the subject of several analyst reports. Cfra Research raised shares of Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. Morgan Stanley raised their target price on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. Cfra set a $90.00 target price on Skyworks Solutions in a report on Tuesday, October 28th. Barclays raised Skyworks Solutions from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $58.00 to $88.00 in a research note on Wednesday, October 29th. Finally, Mizuho upgraded Skyworks Solutions from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $65.00 to $73.00 in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $83.18.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $62.61 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The firm’s fifty day simple moving average is $73.80 and its two-hundred day simple moving average is $73.17. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $95.46. The stock has a market capitalization of $9.31 billion, a P/E ratio of 25.04 and a beta of 1.21.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The firm had revenue of $1.10 billion during the quarter. During the same period last year, the business posted $1.55 earnings per share. The business’s revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.5%. Skyworks Solutions’s payout ratio is 92.51%.

Insider Buying and Selling

In other news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the sale, the executive vice president owned 26,087 shares in the company, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the transaction, the senior vice president owned 19,824 shares in the company, valued at $1,234,638.72. The trade was a 19.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is currently owned by corporate insiders.

About Skyworks Solutions

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.