9,883 Shares of Skyworks Solutions, Inc. $SWKS Purchased by Quadrant Capital Group LLC

Quadrant Capital Group LLC purchased a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,883 shares of the semiconductor manufacturer’s stock, valued at approximately $845,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. LCM Capital Management Inc acquired a new stake in Skyworks Solutions during the third quarter worth approximately $242,000. Prime Capital Investment Advisors LLC purchased a new stake in Skyworks Solutions in the 3rd quarter worth approximately $760,000. AlphaStar Capital Management LLC acquired a new position in Skyworks Solutions in the 3rd quarter valued at $442,000. Vontobel Holding Ltd. raised its holdings in Skyworks Solutions by 24.1% in the 3rd quarter. Vontobel Holding Ltd. now owns 8,969 shares of the semiconductor manufacturer’s stock valued at $767,000 after acquiring an additional 1,744 shares during the last quarter. Finally, Howard Capital Management LLC raised its holdings in Skyworks Solutions by 88.2% in the 3rd quarter. Howard Capital Management LLC now owns 105,647 shares of the semiconductor manufacturer’s stock valued at $9,031,000 after acquiring an additional 49,511 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SWKS. Stifel Nicolaus reduced their price target on Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating on the stock in a research note on Wednesday, July 29th. Bank of America reiterated an “underperform” rating and issued a $65.00 target price on shares of Skyworks Solutions in a research note on Wednesday, July 29th. Citigroup increased their target price on Skyworks Solutions from $64.00 to $90.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 6th. Weiss Ratings raised Skyworks Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Finally, Susquehanna raised their price target on Skyworks Solutions from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $80.53.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $83.47 on Friday. Skyworks Solutions, Inc. has a one year low of $51.93 and a one year high of $92.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.94 and a current ratio of 3.10. The company has a 50 day moving average price of $78.73 and a 200 day moving average price of $70.94. The firm has a market capitalization of $12.56 billion, a price-to-earnings ratio of 43.25, a price-to-earnings-growth ratio of 2.27 and a beta of 1.48.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. The company had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. Skyworks Solutions’s revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Sell-side analysts anticipate that Skyworks Solutions, Inc. will post 3.61 EPS for the current year.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that designs and manufactures high-performance analog and mixed-signal products for wireless connectivity applications. Its portfolio includes radio-frequency front-end modules, amplifiers, filters, switches, antenna tuners, and other integrated solutions used to transmit, receive, and manage wireless signals.

The company serves a range of markets, including smartphones and other mobile devices, automotive systems, industrial equipment, home automation, medical devices, aerospace, and defense.