KBC Group NV Trims Stake in Skyworks Solutions, Inc. $SWKS

KBC Group NV lessened its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 49.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 511,554 shares of the semiconductor manufacturer’s stock after selling 490,949 shares during the quarter. KBC Group NV’s holdings in Skyworks Solutions were worth $38,121,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in SWKS. Allworth Financial LP grew its position in shares of Skyworks Solutions by 28.2% during the first quarter. Allworth Financial LP now owns 1,299 shares of the semiconductor manufacturer’s stock worth $80,000 after acquiring an additional 286 shares during the last quarter. Cerity Partners LLC boosted its stake in Skyworks Solutions by 50.5% during the 1st quarter. Cerity Partners LLC now owns 42,647 shares of the semiconductor manufacturer’s stock worth $2,756,000 after purchasing an additional 14,309 shares during the period. Xponance Inc. grew its position in Skyworks Solutions by 1.3% during the 1st quarter. Xponance Inc. now owns 25,543 shares of the semiconductor manufacturer’s stock worth $1,651,000 after purchasing an additional 331 shares during the last quarter. CWM LLC increased its stake in Skyworks Solutions by 390.4% in the first quarter. CWM LLC now owns 17,714 shares of the semiconductor manufacturer’s stock valued at $1,145,000 after purchasing an additional 14,102 shares during the period. Finally, Signaturefd LLC raised its holdings in shares of Skyworks Solutions by 15.8% in the first quarter. Signaturefd LLC now owns 1,974 shares of the semiconductor manufacturer’s stock valued at $128,000 after buying an additional 269 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $69.46 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $95.46. The firm has a market capitalization of $10.31 billion, a P/E ratio of 27.78 and a beta of 1.21. The company’s fifty day moving average is $75.35 and its two-hundred day moving average is $73.20.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The firm had revenue of $1.10 billion during the quarter. During the same quarter last year, the business earned $1.55 EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.1%. Skyworks Solutions’s dividend payout ratio is currently 92.51%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on SWKS shares. Susquehanna boosted their price target on Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $70.00 to $140.00 in a research note on Wednesday, October 29th. Citigroup upgraded Skyworks Solutions from a “sell” rating to a “neutral” rating and upped their price target for the stock from $66.00 to $105.00 in a research note on Wednesday, October 29th. Loop Capital decreased their price target on Skyworks Solutions from $83.00 to $75.00 in a report on Wednesday, November 5th. Finally, Barclays raised shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $58.00 to $88.00 in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $83.18.

Skyworks Solutions 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.