Skyworks Solutions, Inc. $SWKS Shares Bought by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its Skyworks Solutions stake by 6,774.8% in the second quarter, holding 11.8 million shares worth approximately $801.6 million, or 7.86% of the company. Institutional investors collectively own 85.43% of SWKS.
• Skyworks exceeded quarterly earnings and revenue expectations, reporting $1.08 in EPS and $934.8 million in revenue, though revenue declined 3.1% year over year. Shares opened at $88.35, near their 52-week high, while the stock trades at a P/E ratio of 45.78.
• Investor sentiment is being supported by optimism over the expected Qorvo merger, strong Apple-related demand prospects and elevated call-option activity, but high short interest, potential merger delays and stretched valuation add volatility risks. Analysts maintain a consensus “Hold” rating with an average price target of $74.

California State Teachers Retirement System grew its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 6,774.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,823,710 shares of the semiconductor manufacturer's stock after purchasing an additional 11,651,723 shares during the period. California State Teachers Retirement System owned about 7.86% of Skyworks Solutions worth $801,648,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Jackson Creek Investment Advisors LLC purchased a new stake in Skyworks Solutions in the fourth quarter valued at $1,388,000. AlphaQuest LLC grew its holdings in shares of Skyworks Solutions by 662.4% during the fourth quarter. AlphaQuest LLC now owns 53,355 shares of the semiconductor manufacturer's stock worth $3,383,000 after purchasing an additional 46,357 shares during the last quarter. Bank of America Corp DE increased its position in shares of 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 worth $114,032,000 after purchasing an additional 396,057 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Skyworks Solutions during the fourth quarter worth about $27,949,000. Finally, AXQ Capital LP lifted its holdings in shares of Skyworks Solutions by 960.0% in the 4th quarter. AXQ Capital LP now owns 27,730 shares of the semiconductor manufacturer's stock valued at $1,758,000 after purchasing an additional 25,114 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company's stock.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $88.35 on Monday. Skyworks Solutions, Inc. has a 1 year low of $51.93 and a 1 year high of $92.30. The company's 50 day simple moving average is $66.20 and its 200 day simple moving average is $65.10. 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 company has a market capitalization of $13.29 billion, a price-to-earnings ratio of 45.78, a PEG ratio of 2.43 and a beta of 1.52.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its earnings results 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. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The business had revenue of $934.80 million for the quarter, compared to analysts' expectations of $925.97 million. During the same period last year, the company earned $1.33 earnings per share. The company's quarterly 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. On average, sell-side analysts predict that Skyworks Solutions, Inc. will post 3.64 EPS for the current year.

Key Headlines Impacting Skyworks Solutions

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: CEO Phil Brace said the Qorvo merger is in its final stages and is expected to close by the end of 2026. Investors appear to be assigning a higher probability to regulatory approval and completion, prompting merger-arbitrage buying. Skyworks Rockets 9.8% on Looming Qorvo Merger Nod
• Positive Sentiment: The stock’s momentum has attracted heavier-than-usual trading, including call-option purchases that were approximately 61% above typical daily volume. This may reflect bullish positioning and could amplify gains if short sellers cover. Skyworks Stock Poised to Be S&P 500’s Best Stock This Week
• Positive Sentiment: Skyworks also benefited from strength in Apple after the launch of its first foldable iPhone. Because Apple is a major customer, investors may be anticipating stronger content or demand for Skyworks’ connectivity components, although the direct financial impact has not been quantified. Apple Advances as First Foldable iPhone Arrives
• Neutral Sentiment: Skyworks recently exceeded quarterly earnings and revenue expectations, but revenue declined year over year. Its valuation has expanded substantially as the stock rallied, increasing the importance of merger execution and future earnings growth.
• Negative Sentiment: Technical commentary warns that the rapid advance may be near a short-term peak. Zacks also noted that current earnings-estimate revisions do not clearly support further gains, creating a risk of profit-taking if merger optimism fades. Strength Seen in Skyworks
• Negative Sentiment: Short interest reached 36.38% of the float as of August 31, according to the reported data. While this supports the possibility of a short squeeze, it also signals substantial bearish positioning and could add volatility if the merger encounters delays or regulatory hurdles. Skyworks Short Interest Rises

Analyst Ratings Changes

Several research analysts have issued reports on the stock. UBS Group raised their price objective on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. TD Cowen dropped their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating on the stock in a research note on Wednesday, July 29th. Morgan Stanley cut their price objective on shares of Skyworks Solutions from $76.00 to $72.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 29th. Royal Bank Of Canada lowered their target price on shares of Skyworks Solutions from $80.00 to $70.00 and set a "sector perform" rating on the stock in a report on Wednesday, July 29th. Finally, Bank of America reissued an "underperform" rating and set a $65.00 price target 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $74.00.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc NASDAQ: SWKS is a semiconductor company that develops and manufactures analog and mixed-signal products used to connect people, devices and networks. Its portfolio includes radio-frequency (RF) and wireless connectivity components such as amplifiers, attenuators, filters, switches, modulators, front-end modules and integrated solutions.

The company's products are designed for applications including smartphones and other mobile devices, automotive systems, broadband and wireless infrastructure, industrial equipment, medical devices, smart-home products and the Internet of Things.

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