Skyworks Solutions, Inc. (NASDAQ:SWKS) has earned a consensus rating of “Buy” from the thirty-one brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $116.03.

Several brokerages recently issued reports on SWKS. Vetr raised Skyworks Solutions from a “hold” rating to a “buy” rating and set a $118.57 price objective for the company in a report on Tuesday, November 7th. Barclays lifted their price objective on Skyworks Solutions from $110.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. DA Davidson reaffirmed a “buy” rating and set a $130.00 price objective on shares of Skyworks Solutions in a report on Tuesday, November 7th. Zacks Investment Research raised Skyworks Solutions from a “hold” rating to a “buy” rating and set a $117.00 price objective for the company in a report on Monday, September 11th. Finally, BidaskClub downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th.

Skyworks Solutions (SWKS) opened at $95.86 on Thursday. The stock has a market capitalization of $17,819.12, a price-to-earnings ratio of 16.11, a P/E/G ratio of 0.96 and a beta of 0.84. Skyworks Solutions has a 1-year low of $73.94 and a 1-year high of $117.65.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Monday, November 20th. Skyworks Solutions’s dividend payout ratio is currently 23.66%.

In related news, insider Liam Griffin sold 10,500 shares of Skyworks Solutions stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $96.76, for a total value of $1,015,980.00. Following the transaction, the insider now owns 59,647 shares in the company, valued at $5,771,443.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Laura A. Gasparini sold 12,132 shares of Skyworks Solutions stock in a transaction on Monday, November 13th. The shares were sold at an average price of $110.53, for a total value of $1,340,949.96. The disclosure for this sale can be found here. Insiders sold 150,275 shares of company stock worth $16,223,522 in the last quarter. 0.49% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of the business. Girard Partners LTD. lifted its stake in shares of Skyworks Solutions by 0.3% during the second quarter. Girard Partners LTD. now owns 5,819 shares of the semiconductor manufacturer’s stock worth $558,000 after purchasing an additional 16 shares in the last quarter. Cadence Capital Management LLC lifted its stake in shares of Skyworks Solutions by 0.3% during the second quarter. Cadence Capital Management LLC now owns 7,687 shares of the semiconductor manufacturer’s stock worth $738,000 after purchasing an additional 21 shares in the last quarter. Montag A & Associates Inc. lifted its stake in shares of Skyworks Solutions by 0.5% during the second quarter. Montag A & Associates Inc. now owns 9,108 shares of the semiconductor manufacturer’s stock worth $874,000 after purchasing an additional 41 shares in the last quarter. Krilogy Financial LLC lifted its stake in shares of Skyworks Solutions by 1.9% during the second quarter. Krilogy Financial LLC now owns 2,726 shares of the semiconductor manufacturer’s stock worth $262,000 after purchasing an additional 50 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in shares of Skyworks Solutions by 2.9% during the second quarter. Stephens Inc. AR now owns 3,456 shares of the semiconductor manufacturer’s stock worth $332,000 after purchasing an additional 98 shares in the last quarter. Institutional investors own 81.94% of the company’s stock.

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About Skyworks Solutions

Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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