Skyworks Solutions, Inc. $SWKS Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp increased its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 10.6% during the second quarter, Holdings Channel reports. The institutional investor owned 2,078,291 shares of the semiconductor manufacturer’s stock after buying an additional 198,528 shares during the quarter. Van ECK Associates Corp’s holdings in Skyworks Solutions were worth $140,908,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its position in shares of Skyworks Solutions by 5.3% in the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after purchasing an additional 163 shares during the last quarter. Beacon Pointe Advisors LLC lifted its position in shares of Skyworks Solutions by 4.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock worth $282,000 after purchasing an additional 200 shares during the last quarter. AAFMAA Wealth Management & Trust LLC grew its stake in shares of Skyworks Solutions by 3.2% during the second quarter. AAFMAA Wealth Management & Trust LLC now owns 6,899 shares of the semiconductor manufacturer’s stock worth $468,000 after purchasing an additional 212 shares in the last quarter. Unison Advisors LLC grew its stake in shares of Skyworks Solutions by 1.2% during the first quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer’s stock worth $986,000 after purchasing an additional 219 shares in the last quarter. Finally, Global Retirement Partners LLC increased its holdings in Skyworks Solutions by 16.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,672 shares of the semiconductor manufacturer’s stock valued at $106,000 after buying an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $65.79 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.94. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year high of $90.90. The company has a market capitalization of $9.90 billion, a PE ratio of 34.09 and a beta of 1.51. The company has a fifty day moving average of $64.91 and a two-hundred day moving average of $64.13.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The business had revenue of $934.80 million for the quarter, compared to analysts’ expectations of $925.97 million. During the same quarter in the previous year, the firm earned $1.33 earnings per share. The business’s revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, analysts expect that Skyworks Solutions, Inc. will post 3.64 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on SWKS. Morgan Stanley cut their price target on Skyworks Solutions from $76.00 to $72.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 29th. Bank of America reiterated an “underperform” rating and issued a $65.00 price objective on shares of Skyworks Solutions in a report on Wednesday, July 29th. Loop Capital boosted their target price on Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lowered their price target on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. Finally, KeyCorp lowered shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. Four research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock 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.