Bank of New York Mellon Corp Raises Stake in Skyworks Solutions, Inc. $SWKS

Bank of New York Mellon Corp raised its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 26.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,056,313 shares of the semiconductor manufacturer’s stock after acquiring an additional 436,373 shares during the period. Bank of New York Mellon Corp owned about 1.39% of Skyworks Solutions worth $158,295,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SWKS. Federated Hermes Inc. grew its holdings in shares of Skyworks Solutions by 16.5% during the 3rd quarter. Federated Hermes Inc. now owns 541,957 shares of the semiconductor manufacturer’s stock valued at $41,720,000 after purchasing an additional 76,650 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in Skyworks Solutions during the third quarter valued at about $272,000. Keynote Financial Services LLC boosted its position in Skyworks Solutions by 1.9% during the third quarter. Keynote Financial Services LLC now owns 16,946 shares of the semiconductor manufacturer’s stock valued at $1,304,000 after buying an additional 322 shares during the period. Y Intercept Hong Kong Ltd grew its stake in shares of Skyworks Solutions by 102.6% during the third quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock valued at $6,141,000 after buying an additional 40,390 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Skyworks Solutions by 105.9% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,921 shares of the semiconductor manufacturer’s stock worth $533,000 after buying an additional 3,559 shares during the period. 85.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on SWKS. UBS Group reduced their price target on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 20th. B. Riley cut their target price on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, January 26th. Stifel Nicolaus set a $72.00 target price on shares of Skyworks Solutions in a research note on Wednesday, November 5th. Zacks Research raised shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Royal Bank Of Canada assumed coverage on shares of Skyworks Solutions in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and a consensus target price of $76.83.

Skyworks Solutions Stock Down 0.1%

Shares of Skyworks Solutions stock opened at $55.76 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. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $90.90. The company has a market cap of $8.36 billion, a P/E ratio of 18.16 and a beta of 1.30. The company’s fifty day simple moving average is $63.20 and its two-hundred day simple moving average is $69.88.

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

Insider Buying and Selling

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. This represents a 21.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by corporate insiders.

Skyworks Solutions Company Profile

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.