Russell Investments Group Ltd. Lowers Stock Holdings in Skyworks Solutions, Inc. $SWKS

Key Points

• Russell Investments trimmed its stake in Skyworks (NASDAQ:SWKS) by 3.3% to 653,611 shares (≈$50.3M) while other large institutions—most notably Vanguard—added to positions; institutional investors now own 85.43% of the company.
• Skyworks beat the quarter's estimates with $1.54 EPS (consensus $1.40) and $1.04B revenue (down 3.1% YoY), set Q2 2026 EPS guidance at 1.04, and analysts forecast roughly 3.7 EPS for the year.
• The company pays a quarterly dividend of $0.71 (annualized $2.84) for a 5.1% yield, but a payout ratio of 109% raises sustainability questions; consensus analyst rating is "Hold" with a $70.50 price target after recent downgrades.

Russell Investments Group Ltd. cut its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 3.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 653,611 shares of the semiconductor manufacturer's stock after selling 22,643 shares during the period. Russell Investments Group Ltd. owned about 0.44% of Skyworks Solutions worth $50,314,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of 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 period. Pzena Investment Management LLC grew its holdings in shares of Skyworks Solutions by 0.5% in the third quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer's stock valued at $944,711,000 after purchasing an additional 64,519 shares in the last quarter. Invesco Ltd. increased its stake in Skyworks Solutions by 1.7% during the 2nd quarter. Invesco Ltd. now owns 4,212,897 shares of the semiconductor manufacturer's stock worth $313,945,000 after buying an additional 71,238 shares during the period. Dimensional Fund Advisors LP increased its stake in Skyworks Solutions by 14.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer's stock worth $241,829,000 after buying an additional 397,287 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Skyworks Solutions by 26.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer's stock worth $158,295,000 after buying an additional 436,373 shares during the period. Institutional investors and hedge funds own 85.43% of the company's stock.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $55.35 on Thursday. The stock's 50-day moving average is $59.44 and its two-hundred day moving average is $67.37. The firm has a market cap of $8.32 billion, a price-to-earnings ratio of 21.29 and a beta of 1.30. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $90.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40.

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

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th will be paid a $0.71 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a yield of 5.1%. Skyworks Solutions's payout ratio is currently 109.23%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on SWKS shares. Craig Hallum decreased their price target on shares of Skyworks Solutions from $85.00 to $75.00 and set a "buy" rating for the company in a research report on Wednesday, February 4th. Citigroup cut their price objective on Skyworks Solutions from $80.00 to $63.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 4th. Loop Capital decreased their target price on Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating for the company in a report on Friday, January 2nd. Mizuho lowered their target price on Skyworks Solutions from $65.00 to $60.00 and set a "neutral" rating for the company in a research note on Monday, January 26th. Finally, Zacks Research downgraded 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 issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $70.50.

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.

Want to see what other hedge funds are holding SWKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.