Skyworks Solutions, Inc. $SWKS Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp cut its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 6.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,389,435 shares of the semiconductor manufacturer’s stock after selling 94,519 shares during the quarter. Van ECK Associates Corp owned 0.94% of Skyworks Solutions worth $106,958,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AE Wealth Management LLC lifted its holdings in Skyworks Solutions by 7.8% during the 3rd quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock worth $14,898,000 after buying an additional 14,007 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of Skyworks Solutions during the 3rd quarter worth about $12,155,000. Y Intercept Hong Kong Ltd lifted its stake in Skyworks Solutions by 102.6% during the third quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock worth $6,141,000 after purchasing an additional 40,390 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Skyworks Solutions by 26.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock valued at $51,728,000 after purchasing an additional 142,600 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in Skyworks Solutions by 33.1% in the third quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock valued at $5,538,000 after purchasing an additional 17,874 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $54.93 on Wednesday. The company has a 50-day moving average of $59.60 and a two-hundred day moving average of $67.45. The stock has a market cap of $8.26 billion, a P/E ratio of 21.13 and a beta of 1.30. The company has a current ratio of 2.40, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. Skyworks Solutions’s revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, research analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio is presently 109.23%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. KeyCorp decreased their price objective on Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Barclays cut their price target on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Weiss Ratings lowered shares of Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. BNP Paribas Exane dropped their price objective on shares of Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 21st. Finally, Loop Capital cut their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Friday, January 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $70.50.

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.