Sanctuary Advisors LLC Acquires New Stake in Skyworks Solutions, Inc. $SWKS

Sanctuary Advisors LLC bought a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,465 shares of the semiconductor manufacturer’s stock, valued at approximately $574,000.

Several other institutional investors and hedge funds have also bought and sold shares of SWKS. Jackson Creek Investment Advisors LLC purchased a new position in shares of Skyworks Solutions in the fourth quarter worth approximately $1,388,000. AlphaQuest LLC increased its holdings in Skyworks Solutions by 662.4% during the fourth quarter. AlphaQuest LLC now owns 53,355 shares of the semiconductor manufacturer’s stock valued at $3,383,000 after buying an additional 46,357 shares during the last quarter. Bank of America Corp DE increased its holdings in Skyworks Solutions by 22.8% during the first quarter. Bank of America Corp DE now owns 2,129,451 shares of the semiconductor manufacturer’s stock valued at $114,032,000 after buying an additional 396,057 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in Skyworks Solutions by 1,718.1% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,830 shares of the semiconductor manufacturer’s stock worth $7,980,000 after acquiring an additional 118,909 shares during the period. Finally, Eurizon Capital SGR S.p.A. bought a new position in Skyworks Solutions in the fourth quarter worth approximately $27,949,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Performance

SWKS opened at $65.79 on Friday. The firm has a market cap of $9.90 billion, a P/E ratio of 34.09 and a beta of 1.51. Skyworks Solutions, Inc. has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a 50 day simple moving average of $64.91 and a two-hundred day simple moving average of $64.13. 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 (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The firm had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same period last year, the firm earned $1.33 EPS. The company’s revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities analysts forecast that Skyworks Solutions, Inc. will post 3.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. William Blair reiterated a “buy” rating on shares of Skyworks Solutions in a research note on Wednesday, July 29th. Loop Capital raised their target price on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Royal Bank Of Canada lowered their target price on Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 29th. UBS Group boosted their price target on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Finally, Citigroup reduced their price target on Skyworks Solutions from $77.00 to $64.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price 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.