Ensign Peak Advisors Inc Trims Position in Skyworks Solutions, Inc. $SWKS

Ensign Peak Advisors Inc trimmed its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 13.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,695 shares of the semiconductor manufacturer’s stock after selling 6,630 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Skyworks Solutions were worth $3,182,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. TD Asset Management Inc lifted its stake in Skyworks Solutions by 12.0% in the 1st quarter. TD Asset Management Inc now owns 103,404 shares of the semiconductor manufacturer’s stock worth $6,683,000 after purchasing an additional 11,038 shares in the last quarter. Empirical Finance LLC increased its holdings in shares of Skyworks Solutions by 4.9% in the first quarter. Empirical Finance LLC now owns 5,783 shares of the semiconductor manufacturer’s stock worth $374,000 after purchasing an additional 270 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Skyworks Solutions by 124.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 193,265 shares of the semiconductor manufacturer’s stock worth $12,491,000 after buying an additional 107,006 shares in the last quarter. TCW Group Inc. raised its position in shares of Skyworks Solutions by 11.3% in the first quarter. TCW Group Inc. now owns 17,280 shares of the semiconductor manufacturer’s stock worth $1,117,000 after buying an additional 1,758 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its stake in Skyworks Solutions by 77.0% during the first quarter. Mackenzie Financial Corp now owns 33,745 shares of the semiconductor manufacturer’s stock valued at $2,181,000 after buying an additional 14,675 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. Stifel Nicolaus set a $72.00 price objective on Skyworks Solutions in a report on Wednesday, November 5th. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, October 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $83.18.

Insider Buying and Selling at Skyworks Solutions

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

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $63.51 on Wednesday. The business has a 50 day moving average of $73.39 and a 200 day moving average of $73.15. The company has a market capitalization of $9.44 billion, a price-to-earnings ratio of 25.40 and a beta of 1.21. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $95.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80.

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

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.5%. Skyworks Solutions’s payout ratio is currently 92.51%.

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.