Jefferies Financial Group Inc. Makes New $3.96 Million Investment in Skyworks Solutions, Inc. $SWKS

Jefferies Financial Group Inc. acquired a new stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 58,339 shares of the semiconductor manufacturer’s stock, valued at approximately $3,955,000.

Other hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc increased its stake 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 worth $28,000 after purchasing an additional 257 shares in the last quarter. J.Safra Asset Management Corp purchased a new position in shares of Skyworks Solutions during the 2nd quarter valued at $28,000. Fideuram Asset Management Ireland dac bought a new position in Skyworks Solutions in the 4th quarter worth $29,000. CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions in the 2nd quarter worth $32,000. Finally, MUFG Securities EMEA plc purchased a new stake in Skyworks Solutions in the 2nd quarter worth $33,000. 85.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. TD Cowen lowered their price objective on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research report on Wednesday, July 29th. JPMorgan Chase & Co. decreased their target price on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Royal Bank Of Canada lowered their price target on Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 29th. Bank of America restated an “underperform” rating and issued a $65.00 price target on shares of Skyworks Solutions in a research note on Wednesday, July 29th. Finally, William Blair reaffirmed a “buy” rating on shares of Skyworks Solutions in a report on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $74.00.

Get Our Latest Stock Report on SWKS

Skyworks Solutions Stock Down 2.3%

Shares of NASDAQ:SWKS opened at $65.79 on Friday. The company has a current ratio of 3.10, a quick ratio of 1.94 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12 month low of $51.93 and a 12 month high of $90.90. The company has a 50-day moving average price of $64.91 and a 200 day moving average price of $64.13. The company has a market cap of $9.90 billion, a price-to-earnings ratio of 34.09 and a beta of 1.51.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.05. The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The company’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, equities research analysts predict that Skyworks Solutions, Inc. will post 3.64 earnings per share for the current year.

Skyworks Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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