UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stake in Skyworks Solutions, Inc. $SWKS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 34.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 548,273 shares of the semiconductor manufacturer’s stock after selling 288,885 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Skyworks Solutions were worth $37,173,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Caitlin John LLC acquired a new stake in Skyworks Solutions in the 2nd quarter valued at about $27,000. AdvisorNet Financial Inc lifted its holdings in shares of Skyworks Solutions by 93.8% in the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 257 shares in the last quarter. J.Safra Asset Management Corp acquired a new stake in shares of Skyworks Solutions in the second quarter valued at approximately $28,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Skyworks Solutions in the fourth quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Skyworks Solutions during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Stock Down 0.2%

SWKS stock opened at $71.50 on Friday. The company has a 50 day moving average price of $64.65 and a two-hundred day moving average price of $64.35. 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 stock has a market capitalization of $10.76 billion, a P/E ratio of 37.05, a PEG ratio of 1.97 and a beta of 1.52. Skyworks Solutions, Inc. has a one year low of $51.93 and a one year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data 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 business 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 was down 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, 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 recently issued reports on SWKS shares. Stifel Nicolaus reduced their target price 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 reissued an “underperform” rating and set a $65.00 price target on shares of Skyworks Solutions in a research report on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price objective on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Monday, July 27th. Finally, Weiss Ratings upgraded Skyworks Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $74.00.

About Skyworks Solutions

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.