Skyworks Solutions, Inc. $SWKS Shares Sold by Barclays PLC

Key Points

• Barclays PLC slashed its Skyworks stake by 48.7% in Q3, selling 1,125,071 shares and retaining 1,183,150 shares (about 0.80% of the company, worth roughly $91.1 million).
• Multiple analysts have trimmed price targets and set neutral/equal-weight ratings, leaving Skyworks with a consensus rating of Hold and a consensus target price of $70.50.
• Skyworks beat the quarter (EPS $1.54 vs. $1.40; revenue $1.04B vs. $999M) though revenue fell 3.1% year-over-year, and it announced a $0.71 quarterly dividend (annualized yield ~5.2%) with a payout ratio of 109%.

Barclays PLC lessened its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 48.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,183,150 shares of the semiconductor manufacturer's stock after selling 1,125,071 shares during the period. Barclays PLC owned about 0.80% of Skyworks Solutions worth $91,079,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of SWKS. Financial Consulate Inc. acquired a new position in shares of Skyworks Solutions during the 3rd quarter worth approximately $29,000. Atlantic Union Bankshares Corp acquired a new stake in Skyworks Solutions in the 2nd quarter valued at $28,000. Clearstead Trust LLC grew its stake in Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 274 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions in the 2nd quarter worth $32,000. Finally, Parkside Financial Bank & Trust increased its holdings in Skyworks Solutions by 98.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer's stock worth $33,000 after acquiring an additional 217 shares in the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Analyst Upgrades and Downgrades

SWKS has been the topic of several recent analyst reports. Susquehanna decreased their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a "neutral" rating on the stock in a report on Thursday, January 22nd. Morgan Stanley cut 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 research note on Monday, February 2nd. Barclays reduced their price target on shares of Skyworks Solutions from $88.00 to $60.00 and set an "equal weight" rating for the company in a research report on Thursday, January 15th. Citigroup lowered their price objective on Skyworks Solutions from $80.00 to $63.00 and set a "neutral" rating on the stock in a report on Wednesday, February 4th. Finally, Mizuho cut their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $70.50.

Skyworks Solutions Stock Down 2.8%

SWKS stock opened at $54.90 on Monday. Skyworks Solutions, Inc. has a one year low of $47.93 and a one year high of $90.90. The firm has a market cap of $8.26 billion, a PE ratio of 21.12 and a beta of 1.30. The firm's 50 day moving average price is $59.97 and its 200-day moving average price is $67.74. 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 (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $999.02 million. During the same quarter last year, the firm earned $1.60 earnings per share. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, equities research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a yield of 5.2%. Skyworks Solutions's dividend payout ratio is presently 109.23%.

Skyworks Solutions Company 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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