Eukles Asset Management Trims Stock Holdings in Skyworks Solutions, Inc. $SWKS

Eukles Asset Management lowered its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 77.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,423 shares of the semiconductor manufacturer’s stock after selling 15,234 shares during the quarter. Eukles Asset Management’s holdings in Skyworks Solutions were worth $280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SWKS. Clearstead Advisors LLC increased its stake in shares of Skyworks Solutions by 67.4% in the fourth quarter. Clearstead Advisors LLC now owns 636 shares of the semiconductor manufacturer’s stock worth $40,000 after purchasing an additional 256 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Skyworks Solutions by 33.0% during the 4th quarter. Hantz Financial Services Inc. now owns 3,966 shares of the semiconductor manufacturer’s stock valued at $251,000 after buying an additional 984 shares in the last quarter. MQS Management LLC bought a new position in Skyworks Solutions in the 4th quarter worth $212,000. Keudell Morrison Wealth Management purchased a new stake in Skyworks Solutions in the 4th quarter worth $232,000. Finally, Pzena Investment Management LLC increased its stake in Skyworks Solutions by 2.9% in the 4th quarter. Pzena Investment Management LLC now owns 12,626,480 shares of the semiconductor manufacturer’s stock worth $800,645,000 after buying an additional 354,318 shares in the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on SWKS. BNP Paribas Exane boosted their price objective on Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. Argus upgraded Skyworks Solutions to a “hold” rating in a research report on Friday, February 6th. Craig Hallum lifted their target price on Skyworks Solutions from $75.00 to $85.00 in a research note on Wednesday, May 6th. TD Cowen boosted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upped their price target on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Price Performance

NASDAQ:SWKS opened at $82.42 on Tuesday. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $12.40 billion, a P/E ratio of 34.20 and a beta of 1.48. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The business’s 50-day moving average is $61.33 and its 200 day moving average is $62.03.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. During the same quarter last year, the business posted $1.24 EPS. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities research analysts forecast that Skyworks Solutions, Inc. will post 3.55 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th will be issued 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 3.4%. Skyworks Solutions’s dividend payout ratio (DPR) is 117.84%.

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.