Robeco Institutional Asset Management B.V. Sells 15,965 Shares of Skyworks Solutions, Inc. $SWKS

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 14.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 96,729 shares of the semiconductor manufacturer’s stock after selling 15,965 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Skyworks Solutions were worth $8,268,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. NewEdge Advisors LLC raised its holdings in Skyworks Solutions by 1.9% during the 2nd quarter. NewEdge Advisors LLC now owns 7,914 shares of the semiconductor manufacturer’s stock worth $537,000 after buying an additional 145 shares during the period. Empirical Finance LLC lifted its stake in Skyworks Solutions by 3.2% in the second quarter. Empirical Finance LLC now owns 5,794 shares of the semiconductor manufacturer’s stock valued at $393,000 after buying an additional 182 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Skyworks Solutions by 108.4% in the second quarter. Parkside Financial Bank & Trust now owns 396 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 206 shares during the period. AAFMAA Wealth Management & Trust LLC boosted its holdings in shares of Skyworks Solutions by 3.2% in the second quarter. AAFMAA Wealth Management & Trust LLC now owns 6,899 shares of the semiconductor manufacturer’s stock valued at $468,000 after buying an additional 212 shares during the period. Finally, Unison Advisors LLC boosted its holdings in shares of Skyworks Solutions by 1.2% in the first quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer’s stock valued at $986,000 after buying an additional 219 shares during the period. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Stock Performance

Shares of NASDAQ SWKS opened at $83.47 on Friday. The stock has a 50 day moving average price of $78.73 and a 200 day moving average price of $70.94. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $92.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.94 and a current ratio of 3.10. The stock has a market capitalization of $12.56 billion, a PE ratio of 43.25, a price-to-earnings-growth ratio of 2.27 and a beta of 1.48.

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. William Blair reissued a “buy” rating on shares of Skyworks Solutions in a research report on Wednesday, July 29th. B. Riley Financial raised shares of Skyworks Solutions from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $68.00 to $107.00 in a research report on Tuesday, October 6th. Stifel Nicolaus reduced their target price on shares of Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Royal Bank Of Canada upped their target price on shares of Skyworks Solutions from $70.00 to $95.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 1st. Finally, UBS Group increased their target price on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $80.53.

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.