Green Alpha Advisors LLC Has $450,000 Stock Holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS)

Green Alpha Advisors LLC lowered its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 9.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,078 shares of the semiconductor manufacturer’s stock after selling 528 shares during the quarter. Green Alpha Advisors LLC’s holdings in Skyworks Solutions were worth $450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in SWKS. Zega Financial LLC increased its position in Skyworks Solutions by 5.0% in the 2nd quarter. Zega Financial LLC now owns 2,100 shares of the semiconductor manufacturer’s stock valued at $224,000 after acquiring an additional 100 shares during the period. Elo Mutual Pension Insurance Co increased its holdings in Skyworks Solutions by 0.7% in the second quarter. Elo Mutual Pension Insurance Co now owns 14,722 shares of the semiconductor manufacturer’s stock valued at $1,569,000 after purchasing an additional 107 shares during the period. Unison Advisors LLC increased its holdings in Skyworks Solutions by 0.6% in the third quarter. Unison Advisors LLC now owns 17,384 shares of the semiconductor manufacturer’s stock valued at $1,717,000 after purchasing an additional 110 shares during the period. Abich Financial Wealth Management LLC raised its position in Skyworks Solutions by 9.3% during the 3rd quarter. Abich Financial Wealth Management LLC now owns 1,322 shares of the semiconductor manufacturer’s stock worth $131,000 after purchasing an additional 112 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Skyworks Solutions by 8.7% during the 3rd quarter. UMB Bank n.a. now owns 1,432 shares of the semiconductor manufacturer’s stock worth $141,000 after buying an additional 115 shares during the period. Institutional investors own 85.43% of the company’s stock.

Insider Buying and Selling

In other news, SVP Robert John Terry sold 10,522 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $88.01, for a total value of $926,041.22. Following the completion of the sale, the senior vice president now owns 15,960 shares in the company, valued at $1,404,639.60. This represents a 39.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.34% of the stock is currently owned by corporate insiders.

Skyworks Solutions Stock Performance

SWKS opened at $90.20 on Monday. Skyworks Solutions, Inc. has a 1-year low of $82.13 and a 1-year high of $120.86. The company has a market cap of $14.42 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 2.01 and a beta of 1.15. The company’s fifty day moving average price is $88.33 and its two-hundred day moving average price is $98.11. The company has a current ratio of 5.54, a quick ratio of 4.24 and a debt-to-equity ratio of 0.16.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 12th. The semiconductor manufacturer reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.03. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. Skyworks Solutions had a net margin of 14.27% and a return on equity of 13.71%. The firm’s revenue was down 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.95 EPS. On average, analysts expect that Skyworks Solutions, Inc. will post 4.45 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 3rd were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 3.10%. Skyworks Solutions’s payout ratio is 75.68%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on SWKS shares. Barclays lowered their price objective on Skyworks Solutions from $87.00 to $80.00 and set an “underweight” rating for the company in a research report on Wednesday, November 13th. Craig Hallum lowered their price target on shares of Skyworks Solutions from $140.00 to $105.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Susquehanna dropped their price target on shares of Skyworks Solutions from $110.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 13th. Piper Sandler decreased their price objective on shares of Skyworks Solutions from $95.00 to $85.00 and set a “neutral” rating for the company in a research report on Wednesday, November 13th. Finally, Citigroup boosted their target price on shares of Skyworks Solutions from $72.00 to $84.00 and gave the company a “sell” rating in a report on Friday. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Skyworks Solutions presently has a consensus rating of “Hold” and a consensus target price of $101.71.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.