ProShare Advisors LLC Grows Position in Skyworks Solutions, Inc. $SWKS

ProShare Advisors LLC raised its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 8.8% during the 3rd quarter, Holdings Channel reports. The fund owned 157,161 shares of the semiconductor manufacturer’s stock after purchasing an additional 12,745 shares during the period. ProShare Advisors LLC’s holdings in Skyworks Solutions were worth $12,098,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Atlantic Union Bankshares Corp purchased a new position in shares of Skyworks Solutions in the second quarter valued at $28,000. Financial Consulate Inc. bought a new position in Skyworks Solutions during the third quarter valued at $29,000. Clearstead Trust LLC grew its stake in shares of Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 274 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth $32,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of Skyworks Solutions by 98.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 217 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SWKS has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. KeyCorp lowered their price objective on Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Citigroup cut their target price on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. B. Riley Financial decreased their price target on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, January 26th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $65.00 price target (down from $72.00) on shares of Skyworks Solutions in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Skyworks Solutions presently has a consensus rating of “Hold” and an average price target of $70.50.

Insider Activity

In related news, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This trade represents a 21.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the sale, the senior vice president owned 19,824 shares of the company’s stock, 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. Company insiders own 0.28% of the company’s stock.

Skyworks Solutions Trading Up 2.2%

Shares of NASDAQ SWKS opened at $63.68 on Thursday. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week 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 company has a market cap of $9.58 billion, a price-to-earnings ratio of 24.49 and a beta of 1.33. The business’s 50 day moving average price is $62.32 and its 200-day moving average price is $69.17.

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

Skyworks Solutions Announces Dividend

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 issued a $0.71 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.5%. Skyworks Solutions’s dividend payout ratio is presently 109.23%.

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.