Skyworks Solutions (NASDAQ:SWKS) Given New $85.00 Price Target at UBS Group

by · The Markets Daily

Skyworks Solutions (NASDAQ:SWKS – Free Report) had its price target upped by UBS Group from $75.00 to $85.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the semiconductor manufacturer’s stock.

Other analysts have also issued reports about the company. Morgan Stanley boosted their price objective on Skyworks Solutions from $65.00 to $89.00 and gave the company an “equal weight” rating in a report on Wednesday. KeyCorp set a $105.00 target price on Skyworks Solutions and gave the stock an “overweight” rating in a research report on Wednesday. Loop Capital upped their price target on Skyworks Solutions from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Thursday, October 16th. Susquehanna raised their price objective on Skyworks Solutions from $60.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 22nd. Finally, Cfra set a $90.00 price objective on shares of Skyworks Solutions in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $84.12.

Read Our Latest Stock Analysis on SWKS

Skyworks Solutions Stock Down 1.9%

Shares of NASDAQ:SWKS opened at $78.74 on Wednesday. The firm has a market cap of $11.69 billion, a PE ratio of 31.50 and a beta of 1.20. The company has a fifty day simple moving average of $75.86 and a 200 day simple moving average of $72.17. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. Skyworks Solutions has a 12-month low of $47.93 and a 12-month high of $95.46.

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

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio is presently 113.60%.

Hedge Funds Weigh In On Skyworks Solutions

Several institutional investors have recently modified their holdings of SWKS. Principal Financial Group Inc. boosted its stake in Skyworks Solutions by 9.1% during the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock valued at $13,152,000 after purchasing an additional 16,965 shares during the period. Perigon Wealth Management LLC raised its holdings in shares of Skyworks Solutions by 30.6% during the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock valued at $255,000 after buying an additional 927 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Skyworks Solutions during the first quarter worth approximately $1,511,000. Envestnet Asset Management Inc. grew its holdings in Skyworks Solutions by 91.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock worth $30,690,000 after buying an additional 226,938 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new stake in Skyworks Solutions in the 2nd quarter valued at approximately $442,000. Institutional investors own 85.43% of the company’s stock.

About Skyworks Solutions

(Get Free Report)

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.

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