Massachusetts Financial Services Co. MA Trims Holdings in Skyworks Solutions, Inc. $SWKS

Massachusetts Financial Services Co. MA trimmed its position in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 4.2% in the 4th quarter, HoldingsChannel reports. The fund owned 1,199,128 shares of the semiconductor manufacturer’s stock after selling 52,698 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Skyworks Solutions were worth $76,037,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Consulate Inc. bought a new position in Skyworks Solutions in the 3rd quarter worth approximately $29,000. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the 2nd quarter worth approximately $32,000. MUFG Securities EMEA plc bought a new position in Skyworks Solutions in the 2nd quarter worth approximately $33,000. Root Financial Partners LLC bought a new position in Skyworks Solutions in the 3rd quarter worth approximately $36,000. Finally, Sound Income Strategies LLC boosted its stake in Skyworks Solutions by 137.1% in the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares during the period. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Price Performance

SWKS opened at $56.50 on Tuesday. The business has a fifty day moving average of $57.32 and a 200 day moving average of $63.88. Skyworks Solutions, Inc. has a 52-week low of $51.93 and a 52-week high of $90.90. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09. The stock has a market cap of $8.50 billion, a P/E ratio of 21.73 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $999.02 million. During the same quarter in the previous year, the business earned $1.60 EPS. Skyworks Solutions’s revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, sell-side analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th were issued a dividend of $0.71 per share. The ex-dividend date was Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a yield of 5.0%. Skyworks Solutions’s payout ratio is presently 109.23%.

Analysts Set New Price Targets

Several research firms have weighed in on SWKS. Zacks Research downgraded Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. JPMorgan Chase & Co. dropped their price target on Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. B. Riley Financial decreased their price objective on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, January 26th. Mizuho decreased their price objective on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, January 26th. Finally, Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $70.50.

About Skyworks Solutions

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.