8,893 Shares of Skyworks Solutions, Inc. $SWKS Bought by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the third quarter, HoldingsChannel.com reports. The fund bought 8,893 shares of the semiconductor manufacturer’s stock, valued at approximately $760,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaStar Capital Management LLC bought a new position in Skyworks Solutions during the 3rd quarter worth $442,000. Vontobel Holding Ltd. lifted its stake in Skyworks Solutions by 24.1% in the third quarter. Vontobel Holding Ltd. now owns 8,969 shares of the semiconductor manufacturer’s stock valued at $767,000 after buying an additional 1,744 shares during the last quarter. Howard Capital Management LLC boosted its holdings in shares of Skyworks Solutions by 88.2% during the third quarter. Howard Capital Management LLC now owns 105,647 shares of the semiconductor manufacturer’s stock valued at $9,031,000 after acquiring an additional 49,511 shares during the period. V Square Quantitative Management LLC grew its position in shares of Skyworks Solutions by 7.9% during the third quarter. V Square Quantitative Management LLC now owns 4,693 shares of the semiconductor manufacturer’s stock worth $401,000 after acquiring an additional 342 shares during the last quarter. Finally, Fortitude Family Office LLC grew its position in shares of Skyworks Solutions by 254.7% during the third quarter. Fortitude Family Office LLC now owns 337 shares of the semiconductor manufacturer’s stock worth $29,000 after acquiring an additional 242 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Citigroup raised their target price on shares of Skyworks Solutions from $64.00 to $90.00 and gave the company a “neutral” rating in a research note on Tuesday, October 6th. Benchmark restated a “hold” rating on shares of Skyworks Solutions in a research report on Monday, July 27th. Susquehanna upped their price target on shares of Skyworks Solutions from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, BMO Capital Markets initiated coverage on shares of Skyworks Solutions in a research note on Friday, August 21st. They issued a “market perform” rating and a $70.00 price target for the company. Five research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Skyworks Solutions has an average rating of “Hold” and a consensus target price of $80.53.

Skyworks Solutions Stock Up 1.3%

Shares of SWKS stock opened at $83.47 on Friday. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year high of $92.80. The stock has a market cap of $12.56 billion, a PE ratio of 43.25, a price-to-earnings-growth ratio of 2.24 and a beta of 1.48. The business’s fifty day moving average is $78.73 and its 200-day moving average is $70.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.94 and a current ratio of 3.10.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%. The company had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same quarter in the previous year, the business earned $1.33 EPS. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities analysts expect that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current fiscal year.

About Skyworks Solutions

Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that designs and manufactures high-performance analog and mixed-signal products for wireless connectivity applications. Its portfolio includes radio-frequency front-end modules, amplifiers, filters, switches, antenna tuners, and other integrated solutions used to transmit, receive, and manage wireless signals.

The company serves a range of markets, including smartphones and other mobile devices, automotive systems, industrial equipment, home automation, medical devices, aerospace, and defense.