Skyworks Solutions, Inc. $SWKS Position Lessened by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. decreased its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 77.1% in the first quarter, Holdings Channel.com reports. The firm owned 108,325 shares of the semiconductor manufacturer’s stock after selling 364,096 shares during the period. Assenagon Asset Management S.A.’s holdings in Skyworks Solutions were worth $5,801,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Centennial Wealth Advisory LLC increased its position in Skyworks Solutions by 28.7% in the 1st quarter. Centennial Wealth Advisory LLC now owns 9,002 shares of the semiconductor manufacturer’s stock worth $482,000 after purchasing an additional 2,005 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 257 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Skyworks Solutions by 29.8% in the 4th quarter. Corient Private Wealth LLC now owns 46,829 shares of the semiconductor manufacturer’s stock valued at $2,970,000 after buying an additional 10,754 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Skyworks Solutions by 106.3% in the fourth quarter. Hsbc Holdings PLC now owns 412,288 shares of the semiconductor manufacturer’s stock worth $26,333,000 after buying an additional 212,405 shares during the last quarter. Finally, Kera Capital Partners Inc. increased its holdings in Skyworks Solutions by 29.1% in the fourth quarter. Kera Capital Partners Inc. now owns 7,080 shares of the semiconductor manufacturer’s stock worth $449,000 after buying an additional 1,595 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SWKS. Mizuho reiterated an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Stifel Nicolaus increased their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. KeyCorp raised their price target on shares of Skyworks Solutions from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Skyworks Solutions in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Skyworks Solutions currently has an average rating of “Hold” and a consensus price target of $77.06.

Skyworks Solutions Stock Down 0.4%

Skyworks Solutions stock opened at $67.71 on Tuesday. The firm has a market cap of $10.18 billion, a price-to-earnings ratio of 28.10 and a beta of 1.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. Skyworks Solutions, Inc. has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The firm has a fifty day moving average price of $70.97 and a two-hundred day moving average price of $63.40.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.11. The company had revenue of $943.70 million for 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 last year, the business posted $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, analysts forecast that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th were issued a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a yield of 4.2%. Skyworks Solutions’s dividend payout ratio (DPR) is 117.84%.

About Skyworks Solutions

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.