Skyworks Solutions (NASDAQ:SWKS) Rating Increased to Hold at Royal Bank Of Canada

Skyworks Solutions (NASDAQ:SWKS) was upgraded by analysts at Royal Bank Of Canada to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other research analysts have also recently commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. BNP Paribas Exane increased their target price on Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Morgan Stanley lifted their target price on Skyworks Solutions from $65.00 to $89.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Piper Sandler raised shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $70.00 to $140.00 in a research report on Wednesday, October 29th. Finally, Loop Capital dropped their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday, January 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $79.61.

Skyworks Solutions Trading Down 2.3%

NASDAQ SWKS opened at $58.46 on Wednesday. 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 capitalization of $8.76 billion, a P/E ratio of 19.04 and a beta of 1.30. The firm’s 50-day moving average is $64.92 and its two-hundred day moving average is $71.31. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $95.46.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The business had revenue of $1.10 billion for the quarter. During the same period last year, the firm posted $1.55 earnings per share. Skyworks Solutions’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, sell-side analysts anticipate that Skyworks Solutions will post 3.7 earnings per share for the current year.

Insider Buying and Selling at Skyworks Solutions

In other news, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the sale, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the transaction, the executive vice president directly owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Skyworks Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of SWKS. Exchange Traded Concepts LLC increased its stake in shares of 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 acquiring an additional 17,874 shares during the last quarter. AE Wealth Management LLC purchased a new stake in Skyworks Solutions in the second quarter valued at approximately $13,378,000. Robeco Institutional Asset Management B.V. raised its stake in Skyworks Solutions by 26.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock worth $51,728,000 after purchasing an additional 142,600 shares during the period. HB Wealth Management LLC purchased a new position in Skyworks Solutions during the second quarter worth approximately $442,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Skyworks Solutions by 588.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 45,403 shares of the semiconductor manufacturer’s stock valued at $3,383,000 after purchasing an additional 38,806 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

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.