Skyworks Solutions, Inc. $SWKS Shares Sold by Meeder Asset Management Inc.

Meeder Asset Management Inc. lessened its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 43.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,671 shares of the semiconductor manufacturer’s stock after selling 32,363 shares during the period. Meeder Asset Management Inc.’s holdings in Skyworks Solutions were worth $3,285,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SWKS. Bayforest Capital Ltd grew its holdings in shares of Skyworks Solutions by 7.5% during the third quarter. Bayforest Capital Ltd now owns 5,975 shares of the semiconductor manufacturer’s stock valued at $460,000 after purchasing an additional 417 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Skyworks Solutions by 31.3% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 16,962 shares of the semiconductor manufacturer’s stock worth $1,306,000 after buying an additional 4,046 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Skyworks Solutions by 33.6% in the third quarter. Nisa Investment Advisors LLC now owns 68,300 shares of the semiconductor manufacturer’s stock worth $5,258,000 after buying an additional 17,168 shares during the period. HB Wealth Management LLC increased its position in Skyworks Solutions by 7.1% in the third quarter. HB Wealth Management LLC now owns 6,356 shares of the semiconductor manufacturer’s stock worth $489,000 after buying an additional 423 shares during the period. Finally, Burford Brothers Inc. lifted its stake in Skyworks Solutions by 24.2% in the third quarter. Burford Brothers Inc. now owns 7,540 shares of the semiconductor manufacturer’s stock valued at $580,000 after buying an additional 1,468 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

Analyst Ratings Changes

SWKS has been the topic of a number of analyst reports. BNP Paribas Exane increased their price objective on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $70.00 to $140.00 in a research report on Wednesday, October 29th. Barclays raised Skyworks Solutions from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $58.00 to $88.00 in a report on Wednesday, October 29th. Wall Street Zen lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Citigroup raised Skyworks Solutions from a “sell” rating to a “neutral” rating and lifted their target price for the company from $66.00 to $105.00 in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $82.59.

Skyworks Solutions Price Performance

Shares of NASDAQ:SWKS opened at $60.17 on Monday. The stock has a market cap of $9.02 billion, a price-to-earnings ratio of 19.60 and a beta of 1.30. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76. Skyworks Solutions, Inc. has a 12 month low of $47.93 and a 12 month high of $95.46. The stock’s 50 day moving average price is $66.06 and its 200 day moving average price is $71.70.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion during the quarter. During the same period in the previous year, the business posted $1.55 earnings per share. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were given a $0.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.7%. Skyworks Solutions’s payout ratio is 92.51%.

Insider Transactions at Skyworks Solutions

In related news, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. The trade was a 19.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the sale, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by corporate insiders.

Skyworks Solutions Company Profile

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.