Voya Investment Management LLC Sells 10,170 Shares of Skyworks Solutions, Inc. $SWKS

Voya Investment Management LLC lowered its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 24.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,849 shares of the semiconductor manufacturer’s stock after selling 10,170 shares during the quarter. Voya Investment Management LLC’s holdings in Skyworks Solutions were worth $2,452,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Park Place Capital Corp increased its holdings 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 worth $28,000 after buying an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Skyworks Solutions during the 2nd quarter worth approximately $28,000. Clearstead Trust LLC increased its holdings in Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 274 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the 2nd quarter valued at $32,000. Finally, Parkside Financial Bank & Trust boosted its stake in Skyworks Solutions by 98.6% in the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 217 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SWKS shares. Barclays upgraded Skyworks Solutions from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $58.00 to $88.00 in a research note on Wednesday, October 29th. Citigroup raised shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $66.00 to $105.00 in a report on Wednesday, October 29th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, October 29th. BNP Paribas Exane upped their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Finally, Cfra set a $90.00 price target on shares of Skyworks Solutions in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $83.18.

Skyworks Solutions Stock Performance

Skyworks Solutions stock opened at $64.21 on Friday. The company has a market cap of $9.63 billion, a PE ratio of 20.92 and a beta of 1.31. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46. The company’s 50-day moving average is $68.79 and its two-hundred day moving average is $72.34.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The business had revenue of $1.10 billion during the quarter. During the same period last year, the firm earned $1.55 earnings per share. The company’s quarterly 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. Equities analysts anticipate that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th were paid a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.4%. Skyworks Solutions’s dividend payout ratio is 92.51%.

Insiders Place Their Bets

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

Skyworks Solutions 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.