Skyworks Solutions, Inc. $SWKS Shares Sold by American Century Companies Inc.

Key Points

• American Century Companies Inc. reduced its stake in Skyworks Solutions, Inc. by 6.5%, selling 14,095 shares to hold 201,266 shares valued at approximately $13 million.
• Skyworks Solutions has declared a quarterly dividend of $0.71, marking a increase from $0.70, with a dividend yield of 3.7%.
• The company's stock is currently valued at $76.76, with analysts projecting an average price target of $72.87 and mixed ratings, including one Strong Buy and four Sell ratings.

American Century Companies Inc. cut its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 6.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,266 shares of the semiconductor manufacturer's stock after selling 14,095 shares during the period. American Century Companies Inc. owned about 0.13% of Skyworks Solutions worth $13,008,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SWKS. Pzena Investment Management LLC increased its stake in shares of Skyworks Solutions by 37.9% during the first quarter. Pzena Investment Management LLC now owns 7,762,896 shares of the semiconductor manufacturer's stock worth $501,716,000 after buying an additional 2,132,847 shares during the period. Invesco Ltd. boosted its holdings in shares of Skyworks Solutions by 31.0% in the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock valued at $267,675,000 after acquiring an additional 979,962 shares during the period. Assenagon Asset Management S.A. boosted its stake in Skyworks Solutions by 1,844.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 447,727 shares of the semiconductor manufacturer's stock worth $28,937,000 after purchasing an additional 424,698 shares during the period. Charles Schwab Investment Management Inc. grew its position in Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer's stock worth $355,922,000 after purchasing an additional 408,577 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Skyworks Solutions by 2.0% during the first quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer's stock worth $1,340,393,000 after purchasing an additional 397,638 shares during the period. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on SWKS. Stifel Nicolaus increased their price objective on Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a research report on Thursday, May 8th. Cfra Research upgraded Skyworks Solutions to a "moderate sell" rating in a research report on Wednesday, August 6th. Barclays lifted their price objective on Skyworks Solutions from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Thursday, May 8th. Susquehanna lifted their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. dropped their price objective on Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Trading Down 1.4%

Shares of NASDAQ SWKS traded down $1.10 during midday trading on Thursday, hitting $75.10. The stock had a trading volume of 1,869,029 shares, compared to its average volume of 2,660,082. The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 30.04, a PEG ratio of 1.71 and a beta of 1.13. Skyworks Solutions, Inc. has a 1-year low of $47.93 and a 1-year high of $110.76. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average price of $73.54 and a 200 day moving average price of $68.72.

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

Skyworks Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be given a dividend of $0.71 per share. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, August 26th. This represents a $2.84 annualized dividend and a yield of 3.8%. Skyworks Solutions's dividend payout ratio is presently 113.60%.

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.