Skyworks Solutions, Inc. (NASDAQ:SWKS) announced a quarterly dividend on Monday, November 6th, RTT News reports. Investors of record on Tuesday, November 21st will be given a dividend of 0.32 per share by the semiconductor manufacturer on Tuesday, December 12th. This represents a $1.28 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Monday, November 20th.
Shares of Skyworks Solutions (SWKS) opened at $111.21 on Wednesday. The company has a market capitalization of $20,266.53, a PE ratio of 18.32, a P/E/G ratio of 1.08 and a beta of 0.90. Skyworks Solutions has a 52-week low of $71.65 and a 52-week high of $117.65.
In other Skyworks Solutions news, insider Liam Griffin sold 2,610 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $99.98, for a total value of $260,947.80. Following the transaction, the insider now directly owns 50,408 shares of the company’s stock, valued at approximately $5,039,791.84. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Robert John Terry sold 7,986 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $110.32, for a total value of $881,015.52. The disclosure for this sale can be found here. Insiders have sold a total of 52,432 shares of company stock worth $5,641,736 over the last three months. 0.49% of the stock is currently owned by corporate insiders.
A number of analysts recently commented on SWKS shares. B. Riley reiterated a “buy” rating and set a $131.00 price objective on shares of Skyworks Solutions in a research report on Tuesday, November 7th. Zacks Investment Research upgraded Skyworks Solutions from a “hold” rating to a “buy” rating and set a $114.00 price objective for the company in a research report on Monday, August 28th. Vetr upgraded Skyworks Solutions from a “buy” rating to a “strong-buy” rating and set a $114.47 price objective for the company in a research report on Tuesday, August 29th. BMO Capital Markets reiterated a “hold” rating and set a $100.00 price objective on shares of Skyworks Solutions in a research report on Friday, July 21st. Finally, Barclays PLC lifted their price objective on Skyworks Solutions from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the stock. Skyworks Solutions presently has an average rating of “Buy” and an average target price of $115.68.
Skyworks Solutions Company Profile
Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.
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