Burford Brothers Inc. Buys Shares of 9,148 Skyworks Solutions, Inc. $SWKS

Burford Brothers Inc. bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 9,148 shares of the semiconductor manufacturer’s stock, valued at approximately $620,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Skyworks Solutions during the 2nd quarter worth approximately $1,393,584,000. Pzena Investment Management LLC increased its stake in Skyworks Solutions by 27.6% in the first quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock valued at $862,591,000 after acquiring an additional 3,481,658 shares during the last quarter. State Street Corp raised its position in Skyworks Solutions by 1.0% during the fourth quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer’s stock valued at $418,557,000 after purchasing an additional 64,187 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Skyworks Solutions by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer’s stock valued at $374,229,000 after purchasing an additional 137,506 shares in the last quarter. Finally, FIL Ltd lifted its stake in Skyworks Solutions by 50.5% during the fourth quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock worth $329,111,000 after purchasing an additional 1,742,338 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $71.50 on Friday. The company has a market capitalization of $10.76 billion, a price-to-earnings ratio of 37.05, a PEG ratio of 1.97 and a beta of 1.52. 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, Inc. has a twelve month low of $51.93 and a twelve month high of $90.90. The stock has a fifty day simple moving average of $64.65 and a 200 day simple moving average of $64.35.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same quarter in the previous year, the company earned $1.33 EPS. The company’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. Sell-side analysts expect that Skyworks Solutions, Inc. will post 3.64 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. William Blair reaffirmed a “buy” rating on shares of Skyworks Solutions in a report on Wednesday, July 29th. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a report on Monday, July 27th. Morgan Stanley dropped their price objective 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. Royal Bank Of Canada reduced their price objective on Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating on the stock in a research note on Wednesday, July 29th. Finally, Mizuho decreased their target price on Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 29th. 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. Based on data from MarketBeat, Skyworks Solutions presently has an average rating of “Hold” and a consensus price target of $74.00.

Skyworks Solutions Company 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.