Mutual Advisors LLC Trims Stock Position in Skyworks Solutions, Inc. $SWKS

Mutual Advisors LLC lowered its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 19.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,995 shares of the semiconductor manufacturer’s stock after selling 972 shares during the period. Mutual Advisors LLC’s holdings in Skyworks Solutions were worth $286,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Harbour Investments Inc. grew its stake in Skyworks Solutions by 15.7% during the second quarter. Harbour Investments Inc. now owns 2,294 shares of the semiconductor manufacturer’s stock valued at $171,000 after acquiring an additional 312 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Skyworks Solutions by 8.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,069 shares of the semiconductor manufacturer’s stock valued at $452,000 after acquiring an additional 475 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in Skyworks Solutions during the second quarter valued at approximately $715,000. Vest Financial LLC grew its stake in Skyworks Solutions by 8.5% during the second quarter. Vest Financial LLC now owns 8,766 shares of the semiconductor manufacturer’s stock valued at $653,000 after acquiring an additional 686 shares in the last quarter. Finally, Pzena Investment Management LLC grew its stake in Skyworks Solutions by 57.3% during the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock valued at $909,714,000 after acquiring an additional 4,444,747 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen raised shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. Cfra Research raised shares of Skyworks Solutions to a “moderate sell” rating in a research note on Wednesday, August 6th. Citigroup boosted their price target on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a “sell” rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group assumed coverage on shares of Skyworks Solutions in a research note on Thursday, July 10th. They issued a “sell” rating and a $70.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Skyworks Solutions has a consensus rating of “Reduce” and an average target price of $70.87.

Skyworks Solutions Trading Up 0.3%

Shares of SWKS opened at $76.40 on Wednesday. The firm has a market cap of $11.34 billion, a price-to-earnings ratio of 30.56 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $98.34. The firm has a 50 day moving average price of $75.64 and a 200-day moving average price of $71.15.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. As a group, equities research analysts forecast that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, August 26th were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, August 26th. This is a positive change from Skyworks Solutions’s previous quarterly dividend of $0.70. Skyworks Solutions’s dividend payout ratio (DPR) is presently 113.60%.

Skyworks Solutions 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.