Skyworks Solutions, Inc. $SWKS Stake Lessened by Corient Private Wealth LP

Corient Private Wealth LP cut its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 6.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 212,360 shares of the semiconductor manufacturer's stock after selling 13,679 shares during the period. Corient Private Wealth LP owned about 0.14% of Skyworks Solutions worth $14,398,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at $2,658,000. Ameritas Advisory Services LLC acquired a new position in shares of Skyworks Solutions during the 2nd quarter worth about $53,000. Wedmont Private Capital bought a new position in shares of Skyworks Solutions during the 2nd quarter worth about $225,000. Syon Capital LLC grew its position in Skyworks Solutions by 7.7% during the second quarter. Syon Capital LLC now owns 7,941 shares of the semiconductor manufacturer's stock worth $538,000 after buying an additional 571 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Skyworks Solutions during the 2nd quarter worth approximately $205,000. Institutional investors and hedge funds own 85.43% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SWKS. TD Cowen lowered their target price 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 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. BMO Capital Markets initiated coverage on Skyworks Solutions in a report on Friday, August 21st. They set a "market perform" rating and a $70.00 price objective on the stock. Benchmark reiterated a "hold" rating on shares of Skyworks Solutions in a report on Monday, July 27th. Finally, Stifel Nicolaus lowered their price objective on Skyworks Solutions from $75.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, July 29th. Four research 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 MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $74.00.

Key Skyworks Solutions News

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

• Positive Sentiment: The proposed Skyworks-Qorvo merger is reportedly entering its final stages, giving investors a potential catalyst tied to greater scale, cost efficiencies and a stronger position in radio-frequency semiconductor markets. Skyworks Solutions and Qorvo surge as merger enters final stages
• Positive Sentiment: Skyworks is benefiting from a broad rally in smartphone-chip stocks, with investors also bidding up Qorvo and Qualcomm. The sector strength is notable because large-cap technology shares were generally lower, suggesting company- and industry-specific buying. Smartphone Chip Stocks Rally While Large-Cap Technology Slips
• Positive Sentiment: The stock resumed its advance after a one-day setback, with momentum carrying it to the top of the S&P 500’s daily performers. Skyworks Solutions Stock Tops S&P 500
• Neutral Sentiment: Heavy short interest may be amplifying the rally, as positive merger news or sector momentum could prompt short sellers to cover positions. This can support near-term gains but also increase volatility. These 10 Stocks Are Squeeze Candidates Waiting to Happen
• Negative Sentiment: Risks include the shares trading above recent analyst price targets, a reduced dividend, increased leverage and reported insider selling. A sharp decline the previous day also highlights the possibility that the current rally is overextended. Skyworks Is Trading 18% Above Its Own Price Target

Skyworks Solutions Stock Up 13.6%

Shares of NASDAQ SWKS opened at $90.00 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.94 and a current ratio of 3.10. Skyworks Solutions, Inc. has a 52-week low of $51.93 and a 52-week high of $92.30. The firm has a 50 day moving average price of $67.15 and a 200 day moving average price of $65.45. The stock has a market cap of $13.54 billion, a P/E ratio of 46.63, a P/E/G ratio of 2.18 and a beta of 1.52.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping the consensus estimate of $1.03 by $0.05. The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The firm's revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Analysts expect that Skyworks Solutions, Inc. will post 3.64 EPS for the current year.

About Skyworks Solutions

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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