ProShare Advisors LLC Boosts Stake in Skyworks Solutions, Inc. $SWKS

ProShare Advisors LLC increased its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 4.5% in the 4th quarter, Holdings Channel reports. The firm owned 164,256 shares of the semiconductor manufacturer’s stock after buying an additional 7,095 shares during the period. ProShare Advisors LLC’s holdings in Skyworks Solutions were worth $10,415,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in SWKS. United Services Automobile Association purchased a new stake in shares of Skyworks Solutions in the 1st quarter valued at about $236,000. Focus Partners Wealth lifted its holdings in shares of Skyworks Solutions by 99.0% in the 1st quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after purchasing an additional 4,702 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Skyworks Solutions by 137.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock valued at $171,000 after purchasing an additional 1,330 shares during the last quarter. Gamco Investors INC. ET AL purchased a new stake in shares of Skyworks Solutions in the 2nd quarter valued at about $259,000. Finally, Gabelli Funds LLC purchased a new stake in shares of Skyworks Solutions in the 2nd quarter valued at about $1,004,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SWKS shares. KeyCorp boosted their target price on 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. upped their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. TD Cowen upped their price objective on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. UBS Group upped their price objective on Skyworks Solutions from $63.00 to $75.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Morgan Stanley upped their price objective on Skyworks Solutions from $69.00 to $76.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. One 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 given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $76.61.

Skyworks Solutions Stock Down 1.1%

SWKS opened at $73.54 on Friday. The business has a 50 day moving average price of $60.24 and a two-hundred day moving average price of $61.92. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The company has a market cap of $11.06 billion, a PE ratio of 30.51 and a beta of 1.48. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $90.90.

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. As a group, research analysts anticipate that Skyworks Solutions, Inc. will post 3.55 EPS for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio 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.