Skyworks Solutions, Inc. $SWKS Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC grew its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,336,603 shares of the semiconductor manufacturer’s stock after buying an additional 11,368 shares during the quarter. Geode Capital Management LLC owned 2.88% of Skyworks Solutions worth $275,440,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Quest 10 Wealth Builders Inc. grew its stake in shares of Skyworks Solutions by 488.6% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 342 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 281 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Skyworks Solutions in the second quarter valued at $32,000. MUFG Securities EMEA plc acquired a new stake in shares of Skyworks Solutions in the second quarter valued at $33,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of Skyworks Solutions in the third quarter valued at $38,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions Stock Down 3.0%

Shares of NASDAQ SWKS opened at $75.49 on Tuesday. The stock has a market cap of $11.35 billion, a PE ratio of 31.32 and a beta of 1.50. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52-week low of $51.93 and a 52-week high of $90.90. The business has a 50-day moving average price of $63.85 and a 200 day moving average price of $62.35.

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

Skyworks Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 3.8%. Skyworks Solutions’s dividend payout ratio is currently 117.84%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Barclays raised Skyworks Solutions from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $60.00 to $70.00 in a research note on Wednesday, April 22nd. Royal Bank Of Canada lifted their price objective on Skyworks Solutions from $65.00 to $72.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. TD Cowen lifted their target price on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. BNP Paribas Exane lifted their target price on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Finally, Zacks Research downgraded Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $76.61.

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.