Skyworks Solutions, Inc. $SWKS Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC reduced its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 13.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,770,090 shares of the semiconductor manufacturer’s stock after selling 2,202,950 shares during the period. Skyworks Solutions makes up 3.5% of Pzena Investment Management LLC’s portfolio, making the stock its 5th largest holding. Pzena Investment Management LLC owned approximately 0.09% of Skyworks Solutions worth $1,177,067,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in SWKS. Bank of America Corp DE grew its stake in Skyworks Solutions by 22.8% in the 1st quarter. Bank of America Corp DE now owns 2,129,451 shares of the semiconductor manufacturer’s stock worth $114,032,000 after acquiring an additional 396,057 shares in the last quarter. NorthCrest Asset Manangement LLC raised its holdings in shares of Skyworks Solutions by 177.9% in the third quarter. NorthCrest Asset Manangement LLC now owns 68,838 shares of the semiconductor manufacturer’s stock valued at $5,559,000 after acquiring an additional 44,068 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Skyworks Solutions in the 2nd quarter worth approximately $1,393,584,000. Assenagon Asset Management S.A. boosted its stake in shares of Skyworks Solutions by 123.0% during the second quarter. Assenagon Asset Management S.A. now owns 241,542 shares of the semiconductor manufacturer’s stock valued at $16,377,000 after purchasing an additional 133,217 shares in the last quarter. Finally, NFJ Investment Group LLC bought a new position in Skyworks Solutions in the second quarter worth approximately $9,259,000. 85.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. B. Riley Financial raised Skyworks Solutions from a “neutral” rating to a “buy” rating and raised their price objective for the company from $68.00 to $107.00 in a research report on Tuesday, October 6th. KeyCorp downgraded Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. William Blair reissued a “buy” rating on shares of Skyworks Solutions in a report on Wednesday, July 29th. Jefferies Financial Group lowered shares of Skyworks Solutions to a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday, October 28th. Five equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $76.78.

Skyworks Solutions Stock Down 2.9%

SWKS stock opened at $82.92 on Thursday. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $92.80. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. The firm has a 50-day simple moving average of $81.55 and a 200-day simple moving average of $67.93. The stock has a market capitalization of $12.48 billion, a P/E ratio of 72.74, a P/E/G ratio of 2.33 and a beta of 1.51.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.01. Skyworks Solutions had a net margin of 4.35% and a return on equity of 9.68%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. Equities analysts forecast that Skyworks Solutions, Inc. will post 3.52 earnings per share for the current fiscal year.

Trending Headlines about Skyworks Solutions

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Skyworks reported fiscal Q4 non-GAAP EPS of $1.28 and revenue of about $1.05 billion, narrowly exceeding analyst estimates. The company also highlighted potential annual cost synergies of at least $500 million from the Qorvo combination. Article
• Positive Sentiment: Management is targeting 50%–55% gross margins within 24–36 months, while pointing to growth opportunities in AI data centers, premium smartphones, and other diversified markets. These are longer-term prospects rather than an immediate fix for the weak outlook. Article
• Negative Sentiment: Fiscal Q4 revenue and earnings declined year over year, and first-quarter sales guidance came in below expectations. Investors are weighing this near-term contraction against the time and costs required to integrate Qorvo. Article
• Negative Sentiment: Analysts flagged Android weakness and a sluggish smartphone market, which could delay the merger’s benefits. Citigroup, RBC, and Susquehanna lowered price targets, while Goldman Sachs initiated coverage with a sell rating. Article

Skyworks Solutions Company Profile

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.