AE Wealth Management LLC Acquires 14,007 Shares of Skyworks Solutions, Inc. $SWKS

AE Wealth Management LLC boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 7.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,525 shares of the semiconductor manufacturer’s stock after purchasing an additional 14,007 shares during the period. AE Wealth Management LLC owned 0.13% of Skyworks Solutions worth $14,898,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. New York State Common Retirement Fund increased its stake in shares of Skyworks Solutions by 2.0% in the third quarter. New York State Common Retirement Fund now owns 90,371 shares of the semiconductor manufacturer’s stock valued at $6,957,000 after buying an additional 1,800 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Skyworks Solutions by 26.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer’s stock worth $158,295,000 after buying an additional 436,373 shares in the last quarter. Federated Hermes Inc. grew its holdings in Skyworks Solutions by 16.5% during the 3rd quarter. Federated Hermes Inc. now owns 541,957 shares of the semiconductor manufacturer’s stock worth $41,720,000 after acquiring an additional 76,650 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in Skyworks Solutions in the 3rd quarter valued at about $272,000. Finally, Keynote Financial Services LLC raised its stake in shares of Skyworks Solutions by 1.9% in the third quarter. Keynote Financial Services LLC now owns 16,946 shares of the semiconductor manufacturer’s stock worth $1,304,000 after acquiring an additional 322 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Price Performance

Skyworks Solutions stock opened at $55.79 on Friday. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $8.36 billion, a P/E ratio of 18.17 and a beta of 1.30. The business has a 50-day moving average of $63.34 and a 200-day moving average of $70.01. Skyworks Solutions, Inc. has a 1 year low of $47.93 and a 1 year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. The business had revenue of $1.10 billion for the quarter. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, equities analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Insider Buying and Selling at Skyworks Solutions

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the transaction, the senior vice president directly owned 19,824 shares in the company, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the transaction, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is owned by insiders.

Analyst Ratings Changes

SWKS has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Skyworks Solutions from $66.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, October 29th. Cfra set a $90.00 target price on Skyworks Solutions in a research note on Tuesday, October 28th. Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Finally, BNP Paribas Exane decreased their price target on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $76.83.

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.