Jupiter Topco LLC Takes $4.56 Million Position in Skyworks Solutions, Inc. $SWKS

Jupiter Topco LLC bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the second quarter, Holdings Channel reports. The institutional investor bought 67,244 shares of the semiconductor manufacturer’s stock, valued at approximately $4,560,000.

A number of other large investors have also recently bought and sold shares of SWKS. Hsbc Holdings PLC acquired a new stake in Skyworks Solutions during the 2nd quarter worth $21,541,000. Canada Pension Plan Investment Board purchased a new stake in shares of Skyworks Solutions in the second quarter valued at about $42,193,000. Legal & General Group Plc purchased a new stake in shares of Skyworks Solutions in the second quarter valued at about $18,993,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Skyworks Solutions during the second quarter worth about $10,535,000. Finally, Paradigm Capital Management Inc. NY purchased a new position in shares of Skyworks Solutions during the second quarter worth about $8,929,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Loop Capital boosted their price target on Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. Royal Bank Of Canada decreased their price objective on Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 29th. Morgan Stanley lowered their target price on Skyworks Solutions from $76.00 to $72.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 29th. Stifel Nicolaus dropped their target price on Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th. Finally, Bank of America restated an “underperform” rating and set a $65.00 price target on shares of Skyworks Solutions in a research note on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $74.00.

Skyworks Solutions Stock Performance

SWKS opened at $67.01 on Tuesday. Skyworks Solutions, Inc. has a 1-year low of $51.93 and a 1-year high of $90.90. The stock has a market cap of $10.08 billion, a P/E ratio of 34.72 and a beta of 1.51. The stock’s 50 day simple moving average is $64.73 and its 200 day simple moving average is $64.18. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.94.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.05. The firm had revenue of $934.80 million during the quarter, compared to analysts’ expectations of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.Skyworks Solutions’s revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, equities analysts anticipate that Skyworks Solutions, Inc. will post 3.64 EPS for the current fiscal year.

About Skyworks Solutions

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.