Dimensional Fund Advisors LP lessened its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 984,104 shares of the semiconductor manufacturer’s stock after selling 23,396 shares during the period. Dimensional Fund Advisors LP owned approximately 0.54% of Skyworks Solutions worth $100,277,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. acquired a new stake in Skyworks Solutions during the 3rd quarter valued at approximately $126,000. WFG Advisors LP lifted its stake in Skyworks Solutions by 14.8% during the 2nd quarter. WFG Advisors LP now owns 1,326 shares of the semiconductor manufacturer’s stock valued at $127,000 after acquiring an additional 171 shares during the period. Sun Life Financial INC lifted its stake in Skyworks Solutions by 551.5% during the 2nd quarter. Sun Life Financial INC now owns 1,342 shares of the semiconductor manufacturer’s stock valued at $129,000 after acquiring an additional 1,136 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Skyworks Solutions during the 2nd quarter valued at approximately $202,000. Finally, Round Table Services LLC acquired a new stake in Skyworks Solutions during the 3rd quarter valued at approximately $204,000. 81.50% of the stock is currently owned by institutional investors.

Skyworks Solutions, Inc. (NASDAQ:SWKS) opened at $97.43 on Thursday. The firm has a market cap of $17,860.00, a price-to-earnings ratio of 15.92, a price-to-earnings-growth ratio of 0.95 and a beta of 0.84. Skyworks Solutions, Inc. has a 12-month low of $73.94 and a 12-month high of $117.65.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Monday, November 20th. Skyworks Solutions’s dividend payout ratio is presently 23.66%.

Several analysts have commented on SWKS shares. B. Riley restated a “buy” rating and set a $131.00 price objective on shares of Skyworks Solutions in a research note on Tuesday, November 7th. Zacks Investment Research upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating and set a $114.00 price objective for the company in a research note on Monday, August 28th. Vetr upgraded shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating and set a $114.47 price objective for the company in a research note on Tuesday, August 29th. Barclays lifted their price objective on shares of Skyworks Solutions from $110.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Finally, Craig Hallum restated a “buy” rating on shares of Skyworks Solutions in a research note on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $116.56.

In other Skyworks Solutions news, VP Laura A. Gasparini sold 12,132 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $110.53, for a total transaction of $1,340,949.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Robert John Terry sold 7,986 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $110.32, for a total transaction of $881,015.52. The disclosure for this sale can be found here. Insiders have sold 172,639 shares of company stock valued at $18,360,415 over the last 90 days. 0.49% of the stock is currently owned by company insiders.

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About Skyworks Solutions

Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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