131,700 Shares in Skyworks Solutions, Inc. $SWKS Purchased by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY bought a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 131,700 shares of the semiconductor manufacturer’s stock, valued at approximately $8,929,000.

Other institutional investors have also added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. raised its holdings in shares of Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 342 shares in the last quarter. AdvisorNet Financial Inc boosted 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 purchased a new position in Skyworks Solutions during the second quarter valued at approximately $28,000. Fideuram Asset Management Ireland dac purchased a new position in Skyworks Solutions during the fourth quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the second quarter worth approximately $32,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Stifel Nicolaus lowered their target price on Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. Citigroup cut their price target on Skyworks Solutions from $77.00 to $64.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Royal Bank Of Canada reduced their price target 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. Craig Hallum raised their price objective on Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Finally, B. Riley Financial lifted their target price on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $74.00.

Skyworks Solutions Stock Down 0.4%

Skyworks Solutions stock opened at $66.86 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.94. The stock has a market capitalization of $10.06 billion, a price-to-earnings ratio of 34.64 and a beta of 1.51. Skyworks Solutions, Inc. has a 1-year low of $51.93 and a 1-year high of $90.90. The business has a fifty day moving average price of $65.32 and a 200-day moving average price of $63.99.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The firm had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same period in the previous year, the business earned $1.33 EPS. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. 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 EPS for the current fiscal year.

Skyworks Solutions Profile

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.