Wealthfront Advisers LLC Lowers Holdings in Skyworks Solutions, Inc. $SWKS

Wealthfront Advisers LLC trimmed its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 26.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,659 shares of the semiconductor manufacturer’s stock after selling 7,629 shares during the quarter. Wealthfront Advisers LLC’s holdings in Skyworks Solutions were worth $1,373,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SWKS. Vanguard Group Inc. boosted its holdings in Skyworks Solutions by 4.9% in the third quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock valued at $1,594,620,000 after purchasing an additional 958,768 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Skyworks Solutions by 391.3% during the 3rd quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock worth $41,401,000 after acquiring an additional 722,414 shares in the last quarter. Rafferty Asset Management LLC boosted its stake in shares of Skyworks Solutions by 52.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer’s stock worth $150,847,000 after acquiring an additional 693,379 shares in the last quarter. Two Sigma Investments LP boosted its stake in shares of Skyworks Solutions by 92.4% during the 3rd quarter. Two Sigma Investments LP now owns 1,358,259 shares of the semiconductor manufacturer’s stock worth $104,559,000 after acquiring an additional 652,406 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC purchased a new stake in shares of Skyworks Solutions during the 2nd quarter worth about $48,434,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada assumed coverage on shares of Skyworks Solutions in a research note on Wednesday, January 14th. They set a “sector perform” rating and a $65.00 target price on the stock. B. Riley Financial lowered their target price on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Craig Hallum lowered their target price on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Argus raised shares of Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Finally, Morgan Stanley lowered their target price on shares of Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $70.28.

Skyworks Solutions Stock Performance

Shares of Skyworks Solutions stock opened at $69.40 on Monday. The firm has a market capitalization of $10.44 billion, a PE ratio of 26.69 and a beta of 1.48. Skyworks Solutions, Inc. has a twelve month low of $51.93 and a twelve month high of $90.90. The firm’s 50-day moving average price is $57.35 and its 200 day moving average price is $62.58. The company has a current ratio of 2.40, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. Skyworks Solutions’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.25 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th were paid a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a yield of 4.1%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 109.23%.

Skyworks Solutions Profile

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.