Paradigm Capital Management Inc. NY Makes New $8.93 Million Investment in Skyworks Solutions, Inc. $SWKS

Paradigm Capital Management Inc. NY bought a new position in Skyworks Solutions, Inc. (NASDAQ:SWKSFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 131,700 shares of the semiconductor manufacturer’s stock, valued at approximately $8,929,000. Paradigm Capital Management Inc. NY owned about 0.09% of Skyworks Solutions as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SWKS. Quest 10 Wealth Builders Inc. raised its position in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 342 shares during the period. AdvisorNet Financial Inc boosted its holdings in shares of Skyworks Solutions by 93.8% in the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 257 shares during the period. J.Safra Asset Management Corp purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth approximately $28,000. Fideuram Asset Management Ireland dac bought a new position in shares of Skyworks Solutions during the 4th quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Trading Down 0.4%

Shares of SWKS opened at $66.86 on Tuesday. The firm has a market capitalization of $10.06 billion, a price-to-earnings ratio of 34.64 and a beta of 1.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.94. Skyworks Solutions, Inc. has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a 50-day moving average of $65.32 and a 200 day moving average of $63.99.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same period in the prior year, the firm earned $1.33 EPS. The company’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, research analysts expect that Skyworks Solutions, Inc. will post 3.64 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SWKS. UBS Group raised their price target on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. TD Cowen reduced 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. B. Riley Financial lifted their price target on shares of Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. BMO Capital Markets assumed coverage on shares of Skyworks Solutions in a report on Friday. They set a “market perform” rating and a $70.00 price target on the stock. Finally, Craig Hallum increased their price objective on shares of Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $74.00.

View Our Latest Report on Skyworks Solutions

Skyworks Solutions Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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