Glenmede Trust Co. NA Has $13.11 Million Stock Position in Skyworks Solutions, Inc. $SWKS

Key Points

• Glenmede Trust increased its Skyworks Solutions stake by 17.9% in the first quarter, holding 244,788 shares worth approximately $13.11 million. Institutional investors and hedge funds collectively own 85.43% of SWKS.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $74.22; several firms recently lowered their targets to between $64 and $70.
• Skyworks beat quarterly earnings and revenue estimates, reporting $1.08 EPS and $934.8 million in revenue, though revenue declined 3.1% year over year. The company also offers a $0.71 quarterly dividend, representing a 4.6% yield.

Glenmede Trust Co. NA grew its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 17.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 244,788 shares of the semiconductor manufacturer's stock after buying an additional 37,240 shares during the quarter. Glenmede Trust Co. NA owned approximately 0.16% of Skyworks Solutions worth $13,108,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer's stock worth $1,338,198,000 after acquiring an additional 389,168 shares during the last quarter. Pzena Investment Management LLC increased its holdings in Skyworks Solutions by 27.6% in the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer's stock worth $862,591,000 after purchasing an additional 3,481,658 shares in the last quarter. State Street Corp raised its position in Skyworks Solutions by 1.0% in the fourth quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer's stock valued at $418,557,000 after purchasing an additional 64,187 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Skyworks Solutions by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer's stock valued at $374,229,000 after purchasing an additional 137,506 shares during the last quarter. Finally, FIL Ltd boosted its stake in shares of Skyworks Solutions by 50.5% during the fourth quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer's stock valued at $329,111,000 after purchasing an additional 1,742,338 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SWKS has been the topic of several research reports. Royal Bank Of Canada reduced their price target on Skyworks Solutions from $80.00 to $70.00 and set a "sector perform" rating on the stock in a report on Wednesday, July 29th. Craig Hallum raised their price objective on shares of Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. Bank of America reiterated an "underperform" rating and set a $65.00 target price on shares of Skyworks Solutions in a research report on Wednesday. TD Cowen reduced their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating on the stock in a report on Wednesday, July 29th. Finally, Stifel Nicolaus decreased their price target on shares of Skyworks Solutions from $75.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $74.22.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $62.28 on Monday. The stock's 50 day moving average is $68.32 and its 200 day moving average is $62.88. Skyworks Solutions, Inc. has a one year low of $51.93 and a one year high of $90.90. The firm has a market cap of $9.37 billion, a P/E ratio of 32.27 and a beta of 1.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.94.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $1.03 by $0.05. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The business had revenue of $934.80 million during the quarter, compared to the consensus estimate of $925.97 million. During the same quarter in the prior year, the firm posted $1.33 EPS. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, research analysts expect that Skyworks Solutions, Inc. will post 3.62 EPS for the current year.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.71 per share. The ex-dividend date was Tuesday, May 26th. This represents a $2.84 annualized dividend and a dividend yield of 4.6%. Skyworks Solutions's dividend payout ratio is 147.15%.

Skyworks Solutions News Roundup

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: UBS raised its Skyworks price target to $70, providing one of the few bullish analyst signals and suggesting meaningful upside from recent trading levels. UBS Group Increases Skyworks Solutions Price Target
• Neutral Sentiment: Analyst opinion remains mixed. Skyworks has an average “Hold” recommendation, indicating that brokerages generally see limited near-term catalysts and a relatively balanced risk-reward profile. Skyworks Given Average Hold Recommendation
• Neutral Sentiment: A valuation review concluded that SWKS is trading near estimated fair value, rather than at a clearly discounted level. That limits the appeal of the stock as a value opportunity unless operating fundamentals improve. Skyworks Trades Near Fair Value
• Neutral Sentiment: Broader technology-sector commentary described mixed views on Skyworks, reinforcing uncertainty around its growth outlook relative to other semiconductor and technology companies. Analysts Opinions Are Mixed on Technology Stocks
• Negative Sentiment: Citigroup cut its price target to $64 and TD Cowen lowered its target to $65. These targets leave relatively little upside and signal that analysts are becoming more cautious about the company’s earnings trajectory. Citigroup Lowers Skyworks Price Target TD Cowen Lowers Skyworks Price Target
• Negative Sentiment: JPMorgan, RBC, Stifel and Mizuho also lowered their expectations for Skyworks’ stock, creating a broad wave of negative analyst revisions likely weighing on investor sentiment. JPMorgan Lowers Skyworks Expectations RBC Lowers Skyworks Expectations Stifel Lowers Skyworks Expectations

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.

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