Brokerages Set Skyworks Solutions, Inc. (NASDAQ:SWKS) PT at $83.18

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) has been assigned a consensus recommendation of “Hold” from the twenty-two brokerages that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $83.1765.

Several equities analysts have recently commented on SWKS shares. Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $70.00 to $140.00 in a report on Wednesday, October 29th. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, October 29th. Wall Street Zen upgraded Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Cfra set a $90.00 price objective on Skyworks Solutions in a report on Tuesday, October 28th. Finally, BNP Paribas Exane increased their target price on Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th.

Check Out Our Latest Stock Report on Skyworks Solutions

Insider Buying and Selling

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This trade represents a 21.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value 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. This represents a 19.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Nuveen LLC purchased a new position in shares of Skyworks Solutions in the 1st quarter valued at about $24,147,000. Public Sector Pension Investment Board raised its holdings in Skyworks Solutions by 8.2% in the first quarter. Public Sector Pension Investment Board now owns 24,994 shares of the semiconductor manufacturer’s stock valued at $1,615,000 after acquiring an additional 1,887 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its stake in Skyworks Solutions by 25.6% in the first quarter. Kovitz Investment Group Partners LLC now owns 21,668 shares of the semiconductor manufacturer’s stock worth $1,400,000 after acquiring an additional 4,420 shares during the last quarter. Aberdeen Group plc lifted its stake in Skyworks Solutions by 91.7% in the first quarter. Aberdeen Group plc now owns 143,592 shares of the semiconductor manufacturer’s stock worth $9,122,000 after acquiring an additional 68,689 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its holdings in Skyworks Solutions by 1.6% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 53,187 shares of the semiconductor manufacturer’s stock worth $3,437,000 after acquiring an additional 853 shares in the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Price Performance

NASDAQ:SWKS opened at $64.68 on Wednesday. Skyworks Solutions has a 52 week low of $47.93 and a 52 week high of $95.46. The stock’s fifty day moving average is $69.74 and its two-hundred day moving average is $72.61. The company has a market capitalization of $9.62 billion, a P/E ratio of 21.07 and a beta of 1.31. The company has a quick ratio of 1.76, a current ratio of 2.33 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.10 billion during the quarter. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities analysts expect that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio is currently 92.51%.

Skyworks Solutions Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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