Skyworks Solutions (NASDAQ:SWKS) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Skyworks Solutions (NASDAQ:SWKS) from a hold rating to a buy rating in a research note released on Friday morning.

SWKS has been the subject of several other research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Saturday, September 27th. Susquehanna boosted their target price on 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 note on Thursday, August 14th. The Goldman Sachs Group began coverage on Skyworks Solutions in a research note on Thursday, July 10th. They issued a “sell” rating and a $70.00 target price for the company. Finally, Citigroup boosted their target price 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 equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $72.87.

Skyworks Solutions Trading Down 0.3%

Shares of SWKS stock opened at $77.10 on Friday. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $74.50 and a two-hundred day moving average price of $70.32. Skyworks Solutions has a 12-month low of $47.93 and a 12-month high of $101.50. The firm has a market cap of $11.44 billion, a P/E ratio of 30.84, a price-to-earnings-growth ratio of 2.67 and a beta of 1.20.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results 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. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The firm had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. During the same quarter in the previous year, the company posted $1.21 earnings per share. The company’s revenue was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Increases Dividend

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

Institutional Trading of Skyworks Solutions

Institutional investors have recently added to or reduced their stakes in the business. Park Place Capital Corp increased its position in Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Horizon Investments LLC lifted its position in Skyworks Solutions by 2.8% during the first quarter. Horizon Investments LLC now owns 5,395 shares of the semiconductor manufacturer’s stock valued at $349,000 after buying an additional 146 shares in the last quarter. Keeley Teton Advisors LLC grew its stake in 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 during the period. Ridgewood Investments LLC increased 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 worth $56,000 after acquiring an additional 188 shares in the last quarter. Finally, Inspire Advisors LLC increased its position in shares of Skyworks Solutions by 1.3% in 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 in the last quarter. 85.43% of the stock is currently 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.