Skyworks Solutions, Inc. $SWKS Stock Holdings Raised by Howard Capital Management LLC

Howard Capital Management LLC raised its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 88.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 105,647 shares of the semiconductor manufacturer’s stock after acquiring an additional 49,511 shares during the quarter. Howard Capital Management LLC’s holdings in Skyworks Solutions were worth $9,031,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Skyworks Solutions in the 2nd quarter worth $1,393,584,000. Pzena Investment Management LLC bought a new stake in shares of Skyworks Solutions during the 2nd quarter worth $1,082,972,000. Bank of America Corp DE bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at approximately $180,898,000. Bank of New York Mellon Corp purchased a new position in shares of Skyworks Solutions during the 2nd quarter valued at $143,597,000. Finally, First Trust Advisors LP boosted its position in Skyworks Solutions by 51.7% during the first quarter. First Trust Advisors LP now owns 2,218,826 shares of the semiconductor manufacturer’s stock worth $118,818,000 after purchasing an additional 756,280 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SWKS. B. Riley Financial raised Skyworks Solutions from a “neutral” rating to a “buy” rating and lifted their target price for the company from $68.00 to $107.00 in a report on Tuesday, October 6th. Citigroup upped their target price on Skyworks Solutions from $64.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 6th. Morgan Stanley lowered their target price on Skyworks Solutions from $76.00 to $72.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 29th. UBS Group raised their price target on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets initiated coverage on shares of Skyworks Solutions in a report on Friday, August 21st. They issued a “market perform” rating and a $70.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $79.21.

Skyworks Solutions Stock Performance

NASDAQ SWKS traded up $0.60 during trading hours on Friday, hitting $79.70. 7,007,606 shares of the company’s stock traded hands, compared to its average volume of 7,898,586. The company has a current ratio of 3.10, a quick ratio of 1.94 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $11.99 billion, a P/E ratio of 41.30, a P/E/G ratio of 2.13 and a beta of 1.48. Skyworks Solutions, Inc. has a 52 week low of $51.93 and a 52 week high of $92.80. The business’s fifty day moving average price is $77.46 and its two-hundred day moving average price is $69.96.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.05. The company had revenue of $934.80 million during the quarter, compared to analyst estimates of $925.97 million. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities research analysts predict that Skyworks Solutions, Inc. will post 3.62 EPS for the current year.

Skyworks Solutions Profile

Skyworks Solutions, Inc (NASDAQ:SWKS) is a semiconductor company that develops high-performance analog and mixed-signal products, with a focus on wireless connectivity and radio-frequency (RF) applications. Its solutions help manage, amplify, filter and switch signals in electronic devices and communications systems.

The company’s products include RF front-end modules, amplifiers, filters, switches, antenna tuners, integrated modules and other semiconductor components. These products are used in smartphones and other mobile devices, as well as automotive systems, broadband equipment, industrial applications, smart-home products, wireless infrastructure and the Internet of Things.

Headquartered in Irvine, California, Skyworks serves customers and markets worldwide.