Caisse de depot et placement du Quebec Makes New $1.47 Million Investment in Skyworks Solutions, Inc. $SWKS

Key Points

• Caisse de dépôt et placement du Québec acquired 21,700 Skyworks Solutions shares in the second quarter, worth approximately $1.47 million. Institutional investors and hedge funds collectively own 85.43% of the company.
• Analyst sentiment remains cautious, with a consensus “Hold” rating from 24 analysts and an average price target of $74. Several firms recently raised their targets to $70.
• Skyworks beat quarterly earnings and revenue expectations, reporting $1.08 in EPS and $934.8 million in revenue, although revenue declined 3.1% year over year and the stock was trading near $65.79.

Caisse de depot et placement du Quebec acquired a new stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,700 shares of the semiconductor manufacturer's stock, valued at approximately $1,471,000.

A number of other institutional investors also recently modified their holdings of the company. AdvisorNet Financial Inc grew its position in Skyworks Solutions by 93.8% in the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 257 shares during the period. J.Safra Asset Management Corp bought a new position in shares of Skyworks Solutions in the second quarter valued at $28,000. Fideuram Asset Management Ireland dac bought a new position in shares of Skyworks Solutions in the fourth quarter valued at $29,000. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions during the second quarter valued at about $32,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Skyworks Solutions during the second quarter valued at about $33,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SWKS. Benchmark restated a "hold" rating on shares of Skyworks Solutions in a report on Monday, July 27th. Weiss Ratings upgraded Skyworks Solutions from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, July 30th. BNP Paribas Exane boosted their price objective on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. BMO Capital Markets assumed coverage on Skyworks Solutions in a research note on Friday, August 21st. They issued a "market perform" rating and a $70.00 price objective for the company. Finally, Loop Capital raised their target price on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $74.00.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $65.79 on Friday. The company has a fifty day moving average price of $64.91 and a 200-day moving average price of $64.13. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of 34.09 and a beta of 1.51. 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 - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $1.03 by $0.05. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The company had revenue of $934.80 million for the quarter, compared to analyst estimates of $925.97 million. During the same period last year, the firm earned $1.33 earnings per share. The firm'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. As a group, equities research analysts predict that Skyworks Solutions, Inc. will post 3.64 EPS for the current fiscal year.

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.

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