Healthcare of Ontario Pension Plan Trust Fund Trims Position in Skyworks Solutions, Inc. $SWKS

Healthcare of Ontario Pension Plan Trust Fund lessened its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 30.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 406,194 shares of the semiconductor manufacturer’s stock after selling 174,065 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.27% of Skyworks Solutions worth $25,757,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. increased its position in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 342 shares during the last quarter. Sound Income Strategies LLC increased its position in Skyworks Solutions by 137.1% during the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 281 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Skyworks Solutions during the fourth quarter valued at $29,000. CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions during the second quarter valued at $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in Skyworks Solutions during the second quarter valued at $33,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

SWKS has been the subject of a number of research reports. Loop Capital upped their price objective on Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. JPMorgan Chase & Co. upped their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Mizuho restated an “underperform” rating and issued a $46.00 price target (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. Citigroup upped their price target on Skyworks Solutions from $63.00 to $77.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Zacks Research cut Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $76.26 on Tuesday. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The business has a 50-day simple moving average of $68.05 and a two-hundred day simple moving average of $63.15. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 31.64 and a beta of 1.50. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The business had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, analysts expect that Skyworks Solutions, Inc. will post 3.61 EPS for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.7%. Skyworks Solutions’s dividend payout ratio is 117.84%.

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.