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Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Get Rating) have been given an average rating of "Hold" by the twenty-three ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $142.45.

A number of equities analysts recently weighed in on SWKS shares. Wells Fargo & Company dropped their price target on Skyworks Solutions from $160.00 to $130.00 and set an "overweight" rating on the stock in a research note on Monday, July 11th. Susquehanna Bancshares reduced their price target on Skyworks Solutions to $120.00 in a report on Monday, July 25th. Barclays reduced their price target on Skyworks Solutions from $125.00 to $122.00 and set an "equal weight" rating for the company in a report on Monday, July 25th. Bank of America lowered Skyworks Solutions from a "neutral" rating to an "underperform" rating and reduced their price target for the company from $130.00 to $105.00 in a report on Wednesday, June 29th. Finally, Cowen set a $132.00 price target on Skyworks Solutions in a report on Tuesday, July 19th.Skyworks Solutions Price Performance

Shares of SWKS opened at $98.40 on Friday. The firm has a market capitalization of $15.79 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 0.89 and a beta of 1.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.47 and a current ratio of 2.37. Skyworks Solutions has a one year low of $88.76 and a one year high of $185.43. The stock's fifty day moving average is $103.55 and its 200-day moving average is $113.14.

Skyworks Solutions (NASDAQ:SWKS - Get Rating) last released its earnings results on Thursday, August 4th. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.39. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Skyworks Solutions had a return on equity of 30.43% and a net margin of 24.11%. Skyworks Solutions's revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.96 earnings per share. Equities analysts anticipate that Skyworks Solutions will post 9.95 EPS for the current year. Skyworks Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, August 25th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, August 24th. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.56. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.52%. Skyworks Solutions's payout ratio is currently 31.51%. Insider Activity

In other news, SVP Karilee A. Durham sold 5,858 shares of the business's stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $112.26, for a total transaction of $657,619.08. Following the sale, the senior vice president now directly owns 10,130 shares in the company, valued at $1,137,193.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.31% of the stock is currently owned by company insiders. Institutional Trading of Skyworks Solutions

A number of institutional investors and hedge funds have recently modified their holdings of SWKS. Captrust Financial Advisors boosted its stake in Skyworks Solutions by 25.5% in the 2nd quarter. Captrust Financial Advisors now owns 11,142 shares of the semiconductor manufacturer's stock valued at $1,032,000 after buying an additional 2,262 shares in the last quarter. Walleye Capital LLC boosted its stake in Skyworks Solutions by 260.6% in the second quarter. Walleye Capital LLC now owns 23,262 shares of the semiconductor manufacturer's stock worth $2,155,000 after purchasing an additional 16,811 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Skyworks Solutions by 34.4% in the second quarter. Goldman Sachs Group Inc. now owns 632,531 shares of the semiconductor manufacturer's stock worth $58,597,000 after purchasing an additional 161,893 shares in the last quarter. Nomura Holdings Inc. boosted its stake in Skyworks Solutions by 126.8% in the second quarter. Nomura Holdings Inc. now owns 10,654 shares of the semiconductor manufacturer's stock worth $971,000 after purchasing an additional 5,956 shares in the last quarter. Finally, Salem Investment Counselors Inc. boosted its stake in Skyworks Solutions by 23.0% in the second quarter. Salem Investment Counselors Inc. now owns 37,173 shares of the semiconductor manufacturer's stock worth $3,444,000 after purchasing an additional 6,962 shares in the last quarter. 74.61% of the stock is currently owned by institutional investors. Skyworks Solutions Company Profile (Get Rating)

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, circulators/isolators, 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, receivers, switches, synthesizers, timing devices, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators.Further ReadingGet a free copy of the StockNews.com research report on Skyworks Solutions (SWKS)Could Snap Stock Rebound As Management Restructures?MarketBeat: Week in Review 8/29 – 9/2Hormel Looks Cheap At These Levels Lululemon Set To Soar Into SeptemberCould Nike Stock be Oversold, but Still Overvalued?

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