Skyworks Solutions, Inc. $SWKS Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management cut its Skyworks Solutions stake by 34.5% in the second quarter, selling 288,885 shares and retaining 548,273 shares valued at approximately $37.2 million. Institutional investors and hedge funds collectively own 85.43% of the company.
• Analyst sentiment remains cautious: four analysts rate SWKS a Buy, 18 rate it Hold, and two rate it Sell, resulting in a consensus Hold rating and a $74 price target.
• Skyworks exceeded quarterly earnings and revenue estimates, reporting $1.08 EPS and $934.8 million in revenue, though revenue declined 3.1% year over year and prior-year EPS was higher at $1.33.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 34.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 548,273 shares of the semiconductor manufacturer's stock after selling 288,885 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.36% of Skyworks Solutions worth $37,173,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. New Mexico Educational Retirement Board lifted its stake in Skyworks Solutions by 11.9% in the second quarter. New Mexico Educational Retirement Board now owns 7,550 shares of the semiconductor manufacturer's stock valued at $512,000 after buying an additional 800 shares during the last quarter. Mufg Securities Americas Inc. increased its holdings in shares of Skyworks Solutions by 8.9% in the 2nd quarter. Mufg Securities Americas Inc. now owns 4,530 shares of the semiconductor manufacturer's stock valued at $307,000 after acquiring an additional 369 shares during the period. Van ECK Associates Corp raised its position in Skyworks Solutions by 10.6% in the 2nd quarter. Van ECK Associates Corp now owns 2,078,291 shares of the semiconductor manufacturer's stock valued at $140,908,000 after purchasing an additional 198,528 shares during the last quarter. Nissay Asset Management Corp Japan boosted its stake in Skyworks Solutions by 20.6% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 86,018 shares of the semiconductor manufacturer's stock worth $5,832,000 after purchasing an additional 14,715 shares during the period. Finally, Wellington Management Group LLP grew its position in Skyworks Solutions by 8.3% during the 2nd quarter. Wellington Management Group LLP now owns 35,793 shares of the semiconductor manufacturer's stock worth $2,427,000 after purchasing an additional 2,753 shares during the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SWKS has been the subject of a number of research reports. KeyCorp cut shares of Skyworks Solutions from an "overweight" rating to a "sector weight" rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. dropped their price target on Skyworks Solutions from $70.00 to $65.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 29th. TD Cowen reduced their price objective on Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating for the company in a research note on Wednesday, July 29th. Morgan Stanley decreased their price target on Skyworks Solutions from $76.00 to $72.00 and set an "equal weight" rating for the company in a report on Wednesday, July 29th. Finally, Stifel Nicolaus dropped their price objective on shares of Skyworks Solutions from $75.00 to $70.00 and set a "hold" rating on the stock in a research note on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $74.00.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $71.50 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. The stock has a 50 day simple moving average of $64.65 and a 200-day simple moving average of $64.35. The company has a market cap of $10.76 billion, a price-to-earnings ratio of 37.05, a price-to-earnings-growth ratio of 1.97 and a beta of 1.52. Skyworks Solutions, Inc. has a 12-month low of $51.93 and a 12-month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The firm had revenue of $934.80 million for the quarter, compared to analyst estimates of $925.97 million. During the same quarter in the prior year, the company posted $1.33 earnings per share. Skyworks Solutions'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, equities analysts forecast that Skyworks Solutions, Inc. will post 3.64 EPS for the current year.

About Skyworks Solutions

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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