Twin Tree Management LP Purchases Shares of 13,813 Skyworks Solutions, Inc. $SWKS

Twin Tree Management LP purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,813 shares of the semiconductor manufacturer’s stock, valued at approximately $937,000.

A number of other large investors have also modified their holdings of the stock. Quest 10 Wealth Builders Inc. raised its stake in shares of Skyworks Solutions by 488.6% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 342 shares in the last quarter. AdvisorNet Financial Inc grew its stake in Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 257 shares in the last quarter. J.Safra Asset Management Corp purchased a new stake in Skyworks Solutions during the 2nd quarter worth about $28,000. Fideuram Asset Management Ireland dac purchased a new stake in Skyworks Solutions during the 4th quarter worth about $29,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions during the 2nd quarter worth about $32,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SWKS. UBS Group lifted their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. William Blair restated a “buy” rating on shares of Skyworks Solutions in a research note on Wednesday, July 29th. JPMorgan Chase & Co. cut their target price on shares of Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Monday, July 27th. Finally, Loop Capital lifted their price target on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $74.00.

Skyworks Solutions Trading Down 1.2%

SWKS opened at $67.14 on Friday. 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, Inc. has a one year low of $51.93 and a one year high of $90.90. The company has a market cap of $10.10 billion, a P/E ratio of 34.79 and a beta of 1.51. The business’s 50-day simple moving average is $65.50 and its 200-day simple moving average is $63.86.

Skyworks Solutions (NASDAQ:SWKS) last posted 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. The firm had revenue of $934.80 million during the quarter, compared to analysts’ expectations of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The firm’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, equities research analysts expect 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.