OFI Invest Asset Management Takes Position in Skyworks Solutions, Inc. $SWKS

Key Points

• OFI Invest Asset Management established a new position of 306,000 shares in Skyworks, worth about $19.4 million, representing roughly 0.20% of the company; overall institutional ownership stands at 85.43%.
• Research firms have trimmed targets recently and the consensus rating is Hold with a consensus target price of $70.50 (mix of 1 Strong Buy, 3 Buy, 18 Hold, 2 Sell).
• Skyworks beat the quarter on EPS ($1.54 vs. $1.40) and revenue ($1.04B vs. $999M) despite a 3.1% YoY revenue decline, and it pays a $0.71 quarterly dividend (annualized yield ~5.0%) with a payout ratio of about 109%.

OFI Invest Asset Management purchased a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 306,000 shares of the semiconductor manufacturer's stock, valued at approximately $19,403,000. OFI Invest Asset Management owned 0.20% of Skyworks Solutions as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SWKS. Sound Income Strategies LLC boosted its holdings in shares of Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer's stock valued at $28,000 after buying an additional 281 shares during the period. Financial Consulate Inc. acquired a new position in shares of Skyworks Solutions in the third quarter valued at approximately $29,000. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions in the second quarter valued at approximately $32,000. MUFG Securities EMEA plc acquired a new position in shares of Skyworks Solutions in the second quarter valued at approximately $33,000. Finally, Root Financial Partners LLC acquired a new position in shares of Skyworks Solutions in the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 85.43% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Craig Hallum reduced their price target on shares of Skyworks Solutions from $85.00 to $75.00 and set a "buy" rating for the company in a report on Wednesday, February 4th. Morgan Stanley reduced their target price on shares of Skyworks Solutions from $89.00 to $68.00 and set an "equal weight" rating for the company in a report on Monday, February 2nd. KeyCorp reduced their target price on shares of Skyworks Solutions from $105.00 to $75.00 and set an "overweight" rating for the company in a report on Wednesday, February 4th. Weiss Ratings cut shares of Skyworks Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, February 6th. Finally, Zacks Research cut shares of Skyworks Solutions from a "strong-buy" rating to a "hold" rating in a report on Monday, February 16th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $70.50.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $56.54 on Thursday. The stock has a market cap of $8.50 billion, a P/E ratio of 21.75 and a beta of 1.30. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The company has a fifty day moving average price of $57.30 and a two-hundred day moving average price of $64.52. Skyworks Solutions, Inc. has a one year low of $49.13 and a one year high of $90.90.

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

Skyworks Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th were paid a $0.71 dividend. 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 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.

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