Massachusetts Financial Services Co. MA Reduces Stock Holdings in Skyworks Solutions, Inc. $SWKS

Massachusetts Financial Services Co. MA lessened its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,251,826 shares of the semiconductor manufacturer’s stock after selling 15,814 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.84% of Skyworks Solutions worth $96,366,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Park Place Capital Corp boosted its stake in shares of Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares during the period. Financial Consulate Inc. purchased a new stake in Skyworks Solutions during the 3rd quarter worth $29,000. Atlantic Union Bankshares Corp acquired a new position in Skyworks Solutions in the 2nd quarter worth $28,000. Clearstead Trust LLC boosted its position in Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 274 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in Skyworks Solutions in the 2nd quarter valued at about $32,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Insider Activity

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares in the company, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction on 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 directly owned 26,087 shares in the company, valued at $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. 0.28% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

SWKS has been the topic of several recent analyst reports. KeyCorp set a $105.00 price target on Skyworks Solutions and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Barclays dropped their price objective on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Wall Street Zen cut Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Morgan Stanley raised their price target on shares of Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. Finally, Zacks Research raised shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, January 16th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $78.67.

Skyworks Solutions Stock Performance

SWKS stock opened at $57.41 on Wednesday. The stock’s 50 day simple moving average is $64.23 and its 200 day simple moving average is $70.83. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $95.46. The firm has a market cap of $8.61 billion, a P/E ratio of 18.70 and a beta of 1.30. 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 (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating the consensus estimate 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 posted $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. As a group, equities research analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, November 18th. Skyworks Solutions’s payout ratio is presently 92.51%.

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.