Skyworks Solutions (NASDAQ:SWKS) Downgraded to Hold Rating by Wall Street Zen

Key Points

• Skyworks Solutions has been downgraded from a "buy" to a "hold" rating by Wall Street Zen, reflecting a cautious outlook from stock analysts.
• Multiple brokerages have varied perspectives on the stock, with Citigroup issuing a "sell" rating while Arete Research upgraded it to a "strong-buy" rating, indicating divergent opinions among analysts.
• The company's stock has a current consensus rating of "Reduce" with an average price target of $72.87, alongside solid quarterly earnings showing a net margin of 9.88% and a revenue increase of 6.6% year-over-year.

Wall Street Zen lowered shares of Skyworks Solutions (NASDAQ:SWKS - Free Report) from a buy rating to a hold rating in a research note released on Saturday.

SWKS has been the topic of several other research reports. JPMorgan Chase & Co. reduced their price target on shares of Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. UBS Group increased their target price on Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Stifel Nicolaus boosted their price target on Skyworks Solutions from $62.00 to $72.00 and gave the stock a "hold" rating in a report on Thursday, May 8th. Arete Research upgraded Skyworks Solutions to a "strong-buy" rating in a research report on Thursday, August 14th. Finally, Susquehanna boosted their target price 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. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $72.87.

Skyworks Solutions Stock Performance

NASDAQ SWKS traded down $0.53 on Friday, hitting $76.76. 1,869,649 shares of the company's stock were exchanged, compared to its average volume of 2,703,020. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.39 and a quick ratio of 1.80. The firm's 50-day moving average price is $73.29 and its two-hundred day moving average price is $68.55. The firm has a market cap of $11.39 billion, a price-to-earnings ratio of 30.70, a P/E/G ratio of 1.73 and a beta of 1.13. Skyworks Solutions has a fifty-two week low of $47.93 and a fifty-two week high of $110.76.

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

Skyworks Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, August 26th will be given a $0.71 dividend. This is an increase from Skyworks Solutions's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Tuesday, August 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.7%. Skyworks Solutions's dividend payout ratio is 112.00%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MetLife Investment Management LLC lifted its holdings in Skyworks Solutions by 1.8% in the 4th quarter. MetLife Investment Management LLC now owns 42,286 shares of the semiconductor manufacturer's stock worth $3,750,000 after buying an additional 743 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Skyworks Solutions by 29.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,586 shares of the semiconductor manufacturer's stock worth $141,000 after acquiring an additional 359 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in Skyworks Solutions by 25.9% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 16,646 shares of the semiconductor manufacturer's stock valued at $1,476,000 after purchasing an additional 3,420 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Skyworks Solutions by 8.5% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 63,297 shares of the semiconductor manufacturer's stock worth $5,609,000 after purchasing an additional 4,938 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its stake in shares of Skyworks Solutions by 10.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 23,917 shares of the semiconductor manufacturer's stock valued at $2,121,000 after buying an additional 2,343 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

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.