UBS Group Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $63.00

Skyworks Solutions (NASDAQ:SWKS) had its target price cut by UBS Group from $80.00 to $63.00 in a research note published on Tuesday morning,Benzinga reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

SWKS has been the subject of a number of other research reports. Wall Street Zen downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Citigroup raised shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and raised their target price for the company from $66.00 to $105.00 in a report on Wednesday, October 29th. Mizuho cut their price target on shares of Skyworks Solutions from $73.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, January 9th. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research note on Tuesday, October 28th. Finally, JPMorgan Chase & Co. upped their target price on Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Skyworks Solutions presently has a consensus rating of “Hold” and an average target price of $77.39.

Skyworks Solutions Stock Up 1.9%

Shares of SWKS opened at $59.67 on Tuesday. 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 has a 12 month low of $47.93 and a 12 month high of $93.33. The firm’s 50 day moving average is $63.84 and its 200-day moving average is $70.67. The stock has a market capitalization of $8.95 billion, a PE ratio of 19.44 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The business had revenue of $1.10 billion for the quarter. During the same period in the prior year, the company earned $1.55 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.8%. Skyworks Solutions’s dividend payout ratio (DPR) is 92.51%.

Insider Activity

In related news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. The trade was a 19.96% 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 company insiders.

Hedge Funds Weigh In On Skyworks Solutions

Hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new stake in Skyworks Solutions in the fourth quarter valued at $243,000. OFI Invest Asset Management acquired a new position in Skyworks Solutions during the 4th quarter worth about $19,403,000. Oak Thistle LLC grew its position in shares of Skyworks Solutions by 29.2% in the 4th quarter. Oak Thistle LLC now owns 10,765 shares of the semiconductor manufacturer’s stock valued at $683,000 after buying an additional 2,431 shares during the last quarter. Yousif Capital Management LLC increased its stake in shares of Skyworks Solutions by 3.6% in the fourth quarter. Yousif Capital Management LLC now owns 19,908 shares of the semiconductor manufacturer’s stock valued at $1,262,000 after buying an additional 689 shares during the period. Finally, Azzad Asset Management Inc. ADV raised its position in shares of Skyworks Solutions by 0.9% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 47,957 shares of the semiconductor manufacturer’s stock worth $3,041,000 after acquiring an additional 447 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

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.