Greenwood Capital Associates LLC Raises Stock Position in Skyworks Solutions, Inc. $SWKS

Greenwood Capital Associates LLC lifted its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 120.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,446 shares of the semiconductor manufacturer’s stock after buying an additional 10,097 shares during the period. Greenwood Capital Associates LLC’s holdings in Skyworks Solutions were worth $1,420,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Albert D Mason Inc. increased its stake in Skyworks Solutions by 6.0% during the third quarter. Albert D Mason Inc. now owns 11,638 shares of the semiconductor manufacturer’s stock worth $896,000 after acquiring an additional 657 shares during the last quarter. Optas LLC increased its position in shares of Skyworks Solutions by 11.7% during the 3rd quarter. Optas LLC now owns 4,216 shares of the semiconductor manufacturer’s stock valued at $325,000 after purchasing an additional 441 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Skyworks Solutions by 66.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,264 shares of the semiconductor manufacturer’s stock valued at $405,000 after purchasing an additional 2,103 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in Skyworks Solutions by 33.1% during the 3rd quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock valued at $5,538,000 after buying an additional 17,874 shares during the period. Finally, Board of the Pension Protection Fund bought a new stake in Skyworks Solutions in the third quarter worth $254,000. Institutional investors own 85.43% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on SWKS shares. Mizuho upgraded shares of Skyworks Solutions from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $65.00 to $73.00 in a research report on Tuesday, November 11th. UBS Group dropped their price target on shares of Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. 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, December 20th. Finally, Cfra Research raised Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $83.18.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $64.21 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76. The stock has a market cap of $9.63 billion, a price-to-earnings ratio of 20.92 and a beta of 1.31. The firm has a 50-day moving average of $68.79 and a two-hundred day moving average of $72.36. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $95.46.

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

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio is currently 92.51%.

Insiders Place Their Bets

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the transaction, 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 SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by corporate insiders.

Skyworks Solutions Company 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.