36,347 Shares in Skyworks Solutions, Inc. $SWKS Purchased by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC acquired a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the second quarter, Holdings Channel reports. The fund acquired 36,347 shares of the semiconductor manufacturer’s stock, valued at approximately $2,333,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SWKS. BlackRock Inc. bought a new position in shares of Skyworks Solutions in the second quarter valued at approximately $1,393,584,000. Pzena Investment Management LLC bought a new stake in Skyworks Solutions during the second quarter worth $1,082,972,000. Bank of America Corp DE bought a new stake in Skyworks Solutions during the second quarter worth $180,898,000. Bank of New York Mellon Corp bought a new stake in Skyworks Solutions during the second quarter worth $143,597,000. Finally, Norges Bank purchased a new position in Skyworks Solutions in the fourth quarter worth $121,304,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $71.67 on Thursday. The company has a market capitalization of $10.78 billion, a P/E ratio of 37.13, a P/E/G ratio of 1.85 and a beta of 1.52. The business has a fifty day simple moving average of $64.62 and a two-hundred day simple moving average of $64.28. 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.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.05. The firm had revenue of $934.80 million for 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 business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, analysts expect that Skyworks Solutions, Inc. will post 3.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SWKS shares. KeyCorp downgraded Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada cut their price target on shares of Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 29th. Citigroup reduced their price target on shares of Skyworks Solutions from $77.00 to $64.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Craig Hallum raised their price objective on shares of Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. Finally, B. Riley Financial lifted their price objective on shares of Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Four investment 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $74.00.

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.