Nissay Asset Management Corp Japan Acquires 14,715 Shares of Skyworks Solutions, Inc. $SWKS

Nissay Asset Management Corp Japan boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 20.6% in the second quarter, HoldingsChannel reports. The fund owned 86,018 shares of the semiconductor manufacturer’s stock after acquiring an additional 14,715 shares during the period. Nissay Asset Management Corp Japan’s holdings in Skyworks Solutions were worth $5,832,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Caitlin John LLC bought a new position in shares of Skyworks Solutions during the second quarter valued at approximately $27,000. AdvisorNet Financial Inc boosted its position 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 in the last quarter. J.Safra Asset Management Corp bought a new stake in shares of Skyworks Solutions in the 2nd quarter worth approximately $28,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Skyworks Solutions in the 4th quarter worth approximately $29,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Skyworks Solutions in the 2nd quarter worth approximately $32,000. Institutional investors own 85.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. 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 note on Wednesday, July 29th. KeyCorp cut Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. B. Riley Financial raised their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. BMO Capital Markets initiated coverage on shares of Skyworks Solutions in a research report on Friday, August 21st. They set a “market perform” rating and a $70.00 price objective on the stock. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Four 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 data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $74.00.

Skyworks Solutions Stock Performance

Shares of NASDAQ:SWKS opened at $65.79 on Monday. 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 market cap of $9.90 billion, a P/E ratio of 34.09 and a beta of 1.51. The stock’s fifty day moving average price is $64.91 and its 200-day moving average price is $64.14.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. The business had revenue of $934.80 million during the quarter, compared to analyst estimates of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.Skyworks Solutions’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Sell-side analysts expect that Skyworks Solutions, Inc. will post 3.64 earnings per share for the current year.

Skyworks Solutions 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.