Manning & Napier Advisors LLC Trims Stake in Skyworks Solutions, Inc. $SWKS

Manning & Napier Advisors LLC cut its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 83.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,789 shares of the semiconductor manufacturer’s stock after selling 14,549 shares during the period. Manning & Napier Advisors LLC’s holdings in Skyworks Solutions were worth $215,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Kera Capital Partners Inc. raised its holdings in Skyworks Solutions by 36.6% in the 3rd quarter. Kera Capital Partners Inc. now owns 5,485 shares of the semiconductor manufacturer’s stock worth $422,000 after purchasing an additional 1,471 shares during the period. First Horizon Corp purchased a new stake in Skyworks Solutions in the third quarter worth about $5,207,000. MGO One Seven LLC raised its stake in shares of Skyworks Solutions by 26.9% in the third quarter. MGO One Seven LLC now owns 5,801 shares of the semiconductor manufacturer’s stock worth $447,000 after buying an additional 1,228 shares during the period. Bayforest Capital Ltd lifted its position in shares of Skyworks Solutions by 7.5% during the 3rd quarter. Bayforest Capital Ltd now owns 5,975 shares of the semiconductor manufacturer’s stock valued at $460,000 after buying an additional 417 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of 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 valued at $1,306,000 after buying an additional 4,046 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SWKS shares. Morgan Stanley raised their target price on shares of Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 29th. BNP Paribas Exane upped their price target 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. Benchmark restated a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, October 29th. Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $70.00 to $140.00 in a research note on Wednesday, October 29th. Finally, Stifel Nicolaus set a $72.00 target price on shares of Skyworks Solutions in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $79.61.

Insiders Place Their Bets

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the stock in a transaction on Wednesday, November 19th. The shares were 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 $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. 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 Skyworks Solutions stock in a transaction 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 completion of the transaction, the executive vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.28% of the company’s stock.

Skyworks Solutions Trading Down 2.3%

Shares of Skyworks Solutions stock opened at $58.46 on Friday. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $95.46. The company has a quick ratio of 1.76, a current ratio of 2.33 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $64.92 and a 200-day moving average price of $71.31. The firm has a market cap of $8.76 billion, a price-to-earnings ratio of 19.04 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. The company had revenue of $1.10 billion for the quarter. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.Skyworks Solutions’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.55 earnings per share. 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 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

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