OMERS ADMINISTRATION Corp Purchases New Holdings in Skyworks Solutions, Inc. $SWKS

OMERS ADMINISTRATION Corp acquired a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,937 shares of the semiconductor manufacturer’s stock, valued at approximately $809,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SWKS. AdvisorNet Financial Inc increased its stake in shares of Skyworks Solutions by 93.8% during the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 257 shares in the last quarter. J.Safra Asset Management Corp bought a new stake in shares of Skyworks Solutions in the 2nd quarter worth approximately $28,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Skyworks Solutions in the 4th quarter worth approximately $29,000. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions during the 2nd quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc bought a new position in Skyworks Solutions during the 2nd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. B. Riley Financial lifted their price objective on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. UBS Group raised their price target on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Morgan Stanley lowered their price target on Skyworks Solutions from $76.00 to $72.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 29th. KeyCorp cut shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. Finally, Craig Hallum increased their price objective on shares of Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $74.00.

Skyworks Solutions Stock Up 1.1%

SWKS opened at $67.36 on Friday. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 34.90 and a beta of 1.51. The firm has a 50 day moving average price of $65.04 and a 200-day moving average price of $64.11. Skyworks Solutions, Inc. has a twelve month low of $51.93 and a twelve month high of $90.90. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09.

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