Skyworks Solutions, Inc. $SWKS Shares Sold by Inspire Investing LLC

Key Points

• Inspire Investing LLC reduced its stake in Skyworks Solutions, cutting holdings by 23.3% to 20,707 shares worth approximately $1.34 million.
• Various institutional investors have shown confidence in Skyworks Solutions, with Pzena Investment Management LLC increasing its holdings by 37.9% during the first quarter.
• Securities analysts have provided mixed ratings for Skyworks Solutions, with price targets raised, resulting in an average target price of $72.87 for the stock.

Inspire Investing LLC reduced its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 23.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,707 shares of the semiconductor manufacturer's stock after selling 6,292 shares during the period. Inspire Investing LLC's holdings in Skyworks Solutions were worth $1,338,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Horizon Investments LLC increased its position in Skyworks Solutions by 2.8% during the 1st quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer's stock worth $349,000 after purchasing an additional 146 shares in the last quarter. Keeley Teton Advisors LLC grew its holdings in shares of Skyworks Solutions by 1.1% during the first quarter. Keeley Teton Advisors LLC now owns 16,958 shares of the semiconductor manufacturer's stock worth $1,096,000 after buying an additional 178 shares in the last quarter. Ridgewood Investments LLC raised its position in shares of Skyworks Solutions by 27.9% in the first quarter. Ridgewood Investments LLC now owns 861 shares of the semiconductor manufacturer's stock valued at $56,000 after buying an additional 188 shares during the last quarter. Inspire Advisors LLC boosted its position in Skyworks Solutions by 1.3% during the first quarter. Inspire Advisors LLC now owns 14,732 shares of the semiconductor manufacturer's stock worth $952,000 after acquiring an additional 194 shares during the last quarter. Finally, Albert D Mason Inc. raised its holdings in Skyworks Solutions by 1.8% in the 1st quarter. Albert D Mason Inc. now owns 12,245 shares of the semiconductor manufacturer's stock valued at $791,000 after acquiring an additional 215 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company's stock.

Wall Street Analyst Weigh In

SWKS has been the topic of a number of research analyst reports. Wall Street Zen lowered Skyworks Solutions from a "buy" rating to a "hold" rating in a research note on Monday, September 8th. The Goldman Sachs Group initiated coverage on shares of Skyworks Solutions in a report on Thursday, July 10th. They issued a "sell" rating and a $70.00 target price for the company. Susquehanna boosted their price objective on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Arete Research raised Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. Finally, Citigroup lifted their price objective on Skyworks Solutions from $63.00 to $66.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $72.87.

Skyworks Solutions Stock Up 2.8%

Skyworks Solutions stock traded up $2.10 during midday trading on Thursday, hitting $76.59. 1,210,840 shares of the company were exchanged, compared to its average volume of 3,323,264. The company has a market cap of $11.37 billion, a PE ratio of 30.66, a price-to-earnings-growth ratio of 1.66 and a beta of 1.17. The company's fifty day moving average price is $73.24 and its 200-day moving average price is $69.50. Skyworks Solutions, Inc. has a fifty-two week low of $47.93 and a fifty-two week high of $101.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80.

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

Skyworks Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th were issued a $0.71 dividend. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. This represents a $2.84 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, August 26th. Skyworks Solutions's dividend payout ratio (DPR) is currently 113.60%.

About Skyworks Solutions

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.