Howard Capital Management LLC Buys 49,511 Shares of Skyworks Solutions, Inc. $SWKS

Key Points

• Howard Capital Management increased its Skyworks Solutions stake by 88.2% in the third quarter, purchasing 49,511 shares and bringing its total holdings to 105,647 shares valued at approximately $9.0 million.
• Institutional investors own 85.43% of Skyworks Solutions, while several other funds also modestly increased their positions.
• Analysts remain mixed, with the stock carrying a consensus “Hold” rating and an average price target of $79.21; recent targets range from $65 to $107.

Howard Capital Management LLC increased its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 88.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,647 shares of the semiconductor manufacturer's stock after purchasing an additional 49,511 shares during the quarter. Howard Capital Management LLC owned approximately 0.07% of Skyworks Solutions worth $9,031,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SWKS. NewEdge Advisors LLC raised its position in Skyworks Solutions by 1.9% during the second quarter. NewEdge Advisors LLC now owns 7,914 shares of the semiconductor manufacturer's stock valued at $537,000 after buying an additional 145 shares during the period. Empirical Finance LLC raised its holdings in shares of Skyworks Solutions by 3.2% during the 2nd quarter. Empirical Finance LLC now owns 5,794 shares of the semiconductor manufacturer's stock valued at $393,000 after purchasing an additional 182 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Skyworks Solutions by 108.4% during the second quarter. Parkside Financial Bank & Trust now owns 396 shares of the semiconductor manufacturer's stock valued at $27,000 after buying an additional 206 shares in the last quarter. AAFMAA Wealth Management & Trust LLC lifted its stake in shares of Skyworks Solutions by 3.2% in the second quarter. AAFMAA Wealth Management & Trust LLC now owns 6,899 shares of the semiconductor manufacturer's stock worth $468,000 after buying an additional 212 shares during the last quarter. Finally, Unison Advisors LLC boosted its holdings in Skyworks Solutions by 1.2% during the first quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer's stock valued at $986,000 after acquiring an additional 219 shares during the period. Institutional investors and hedge funds own 85.43% of the company's stock.

Analysts Set New Price Targets

SWKS has been the topic of several research reports. Citigroup boosted their price target on Skyworks Solutions from $64.00 to $90.00 and gave the company a "neutral" rating in a research note on Tuesday, October 6th. BMO Capital Markets began coverage on Skyworks Solutions in a research report on Friday, August 21st. They issued a "market perform" rating and a $70.00 price objective for the company. Bank of America reaffirmed an "underperform" rating and issued a $65.00 target price on shares of Skyworks Solutions in a research note on Wednesday, July 29th. B. Riley Financial raised shares of Skyworks Solutions from a "neutral" rating to a "buy" rating and increased their price target for the company from $68.00 to $107.00 in a research note on Tuesday, October 6th. Finally, Weiss Ratings upgraded shares of Skyworks Solutions from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $79.21.

Skyworks Solutions Price Performance

NASDAQ SWKS traded up $0.60 during midday trading on Friday, hitting $79.70. The company had a trading volume of 7,007,606 shares, compared to its average volume of 7,898,586. 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 twelve month low of $51.93 and a twelve month high of $92.80. The company has a market capitalization of $11.99 billion, a PE ratio of 41.30, a P/E/G ratio of 2.13 and a beta of 1.48. The firm has a 50-day moving average price of $77.46 and a 200-day moving average price of $69.96.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $1.03 by $0.05. The firm had revenue of $934.80 million during the quarter, compared to analysts' expectations of $925.97 million. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. 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 business earned $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, analysts anticipate that Skyworks Solutions, Inc. will post 3.62 earnings per share for the current fiscal year.

About Skyworks Solutions

Skyworks Solutions, Inc NASDAQ: SWKS is a semiconductor company that develops high-performance analog and mixed-signal products, with a focus on wireless connectivity and radio-frequency (RF) applications. Its solutions help manage, amplify, filter and switch signals in electronic devices and communications systems.

The company's products include RF front-end modules, amplifiers, filters, switches, antenna tuners, integrated modules and other semiconductor components. These products are used in smartphones and other mobile devices, as well as automotive systems, broadband equipment, industrial applications, smart-home products, wireless infrastructure and the Internet of Things.

Headquartered in Irvine, California, Skyworks serves customers and markets worldwide.

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