Prime Capital Investment Advisors LLC Purchases 8,893 Shares of Skyworks Solutions, Inc. $SWKS

Prime Capital Investment Advisors LLC purchased a new position in Skyworks Solutions, Inc. (NASDAQ:SWKS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,893 shares of the semiconductor manufacturer’s stock, valued at approximately $760,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaStar Capital Management LLC acquired a new position in shares of Skyworks Solutions in the third quarter valued at approximately $442,000. Vontobel Holding Ltd. increased its stake in Skyworks Solutions by 24.1% in the third quarter. Vontobel Holding Ltd. now owns 8,969 shares of the semiconductor manufacturer’s stock valued at $767,000 after purchasing an additional 1,744 shares during the last quarter. Howard Capital Management LLC lifted its position in Skyworks Solutions by 88.2% during the third quarter. Howard Capital Management LLC now owns 105,647 shares of the semiconductor manufacturer’s stock worth $9,031,000 after buying an additional 49,511 shares during the period. V Square Quantitative Management LLC lifted its position in Skyworks Solutions by 7.9% during the third quarter. V Square Quantitative Management LLC now owns 4,693 shares of the semiconductor manufacturer’s stock worth $401,000 after buying an additional 342 shares during the period. Finally, Fortitude Family Office LLC boosted its position in shares of Skyworks Solutions by 254.7% in the third quarter. Fortitude Family Office LLC now owns 337 shares of the semiconductor manufacturer’s stock worth $29,000 after acquiring an additional 242 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Up 1.3%

Shares of Skyworks Solutions stock opened at $83.47 on Friday. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. The firm has a market cap of $12.56 billion, a P/E ratio of 43.25, a P/E/G ratio of 2.24 and a beta of 1.48. Skyworks Solutions, Inc. has a fifty-two week low of $51.93 and a fifty-two week high of $92.80. The business has a 50-day moving average price of $78.73 and a 200 day moving average price of $70.94.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $925.97 million. During the same quarter in the prior year, the firm posted $1.33 earnings per share. Skyworks Solutions’s revenue for the quarter was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, sell-side analysts forecast that Skyworks Solutions, Inc. will post 3.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SWKS. BMO Capital Markets started coverage on Skyworks Solutions in a report on Friday, August 21st. They set a “market perform” rating and a $70.00 target price for the company. JPMorgan Chase & Co. decreased their price target on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. William Blair reaffirmed a “buy” rating on shares of Skyworks Solutions in a report on Wednesday, July 29th. B. Riley Financial raised Skyworks Solutions from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $68.00 to $107.00 in a research report on Tuesday, October 6th. Finally, KeyCorp downgraded shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, July 14th. Five research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $80.53.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that designs and manufactures high-performance analog and mixed-signal products for wireless connectivity applications. Its portfolio includes radio-frequency front-end modules, amplifiers, filters, switches, antenna tuners, and other integrated solutions used to transmit, receive, and manage wireless signals.

The company serves a range of markets, including smartphones and other mobile devices, automotive systems, industrial equipment, home automation, medical devices, aerospace, and defense.