Skyworks Solutions (NASDAQ:SWKS) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Skyworks Solutions (NASDAQ:SWKS) from a buy rating to a hold rating in a research note released on Monday.

Several other analysts have also issued reports on SWKS. Susquehanna increased their target price on Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. UBS Group upped their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Mizuho upped their price objective on Skyworks Solutions from $72.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, July 1st. Arete Research raised Skyworks Solutions to a “strong-buy” rating in a research report on Thursday, August 14th. Finally, Cfra Research upgraded shares of Skyworks Solutions to a “moderate sell” rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $72.87.

Skyworks Solutions Stock Performance

Shares of NASDAQ SWKS opened at $73.60 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 29.44, a P/E/G ratio of 1.68 and a beta of 1.17. The stock’s fifty day moving average price is $73.52 and its two-hundred day moving average price is $69.22. Skyworks Solutions has a one year low of $47.93 and a one year high of $103.06.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company had revenue of $965.00 million during the quarter, compared to analysts’ expectations of $940.00 million. During the same quarter in the previous year, the business posted $1.21 earnings per share. Skyworks Solutions’s quarterly revenue was up 6.6% on a year-over-year basis. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, equities analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 3.9%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.70. The ex-dividend date is Tuesday, August 26th. Skyworks Solutions’s dividend payout ratio is presently 113.60%.

Hedge Funds Weigh In On Skyworks Solutions

Several hedge funds have recently modified their holdings of the company. Park Place Capital Corp grew its holdings in shares of Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Skyworks Solutions during the second quarter worth $28,000. Clearstead Trust LLC boosted its position in Skyworks Solutions by 200.0% in the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 274 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the 2nd quarter valued at $32,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Skyworks Solutions by 98.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 217 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

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.