Morningstar Investment Management LLC Decreases Stock Holdings in Skyworks Solutions, Inc. $SWKS

Morningstar Investment Management LLC reduced its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 29.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,782 shares of the semiconductor manufacturer’s stock after selling 12,580 shares during the period. Morningstar Investment Management LLC’s holdings in Skyworks Solutions were worth $1,595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jackson Creek Investment Advisors LLC purchased a new stake in Skyworks Solutions in the fourth quarter valued at about $1,388,000. AlphaQuest LLC boosted its holdings in Skyworks Solutions by 662.4% in the fourth quarter. AlphaQuest LLC now owns 53,355 shares of the semiconductor manufacturer’s stock worth $3,383,000 after acquiring an additional 46,357 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Skyworks Solutions by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after acquiring an additional 389,168 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Skyworks Solutions by 1,718.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,830 shares of the semiconductor manufacturer’s stock worth $7,980,000 after acquiring an additional 118,909 shares during the last quarter. Finally, OFI Invest Asset Management acquired a new position in shares of Skyworks Solutions during the fourth quarter valued at about $19,403,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $60.21 on Friday. The firm has a market capitalization of $9.06 billion, a P/E ratio of 24.98 and a beta of 1.50. The stock has a 50-day simple moving average of $69.46 and a two-hundred day simple moving average of $62.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38. Skyworks Solutions, Inc. has a fifty-two week low of $51.93 and a fifty-two week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The firm had revenue of $943.70 million for the quarter, compared to the consensus estimate of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities analysts forecast that Skyworks Solutions, Inc. will post 3.62 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th were given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 4.7%. The ex-dividend date was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio is currently 117.84%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SWKS. Citigroup increased their price objective on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Barclays raised shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Mizuho reaffirmed an “underperform” rating and issued a $46.00 price target (down from $60.00) on shares of Skyworks Solutions in a report on Monday, April 20th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Skyworks Solutions in a report on Wednesday, May 6th. Finally, B. Riley Financial lifted their price objective on shares of Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $77.47.

About Skyworks Solutions

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.