Skyworks Solutions, Inc. $SWKS Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 14.5% during the third quarter, HoldingsChannel reports. The firm owned 3,141,473 shares of the semiconductor manufacturer’s stock after purchasing an additional 397,287 shares during the period. Dimensional Fund Advisors LP’s holdings in Skyworks Solutions were worth $241,829,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. United Services Automobile Association acquired a new stake in shares of Skyworks Solutions in the first quarter valued at about $236,000. Focus Partners Wealth boosted its position in Skyworks Solutions by 99.0% during the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after acquiring an additional 4,702 shares during the last quarter. Assetmark Inc. grew its stake in Skyworks Solutions by 130.8% during the 2nd quarter. Assetmark Inc. now owns 1,590 shares of the semiconductor manufacturer’s stock valued at $118,000 after acquiring an additional 901 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Skyworks Solutions by 3.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,619,940 shares of the semiconductor manufacturer’s stock valued at $120,718,000 after acquiring an additional 55,655 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in Skyworks Solutions in the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

SWKS has been the topic of a number of research reports. Barclays decreased their target price on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. BNP Paribas Exane cut their price target on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 21st. B. Riley Financial lowered their price objective on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Wall Street Zen cut Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, TD Cowen cut their target price on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $70.50.

Skyworks Solutions Stock Down 2.8%

Shares of NASDAQ SWKS opened at $54.90 on Friday. The company has a market capitalization of $8.26 billion, a P/E ratio of 21.12 and a beta of 1.30. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The company has a 50 day simple moving average of $59.97 and a 200-day simple moving average of $67.79. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion for 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%.The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, equities research analysts predict that Skyworks Solutions, Inc. will post 3.7 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio is 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.