Federated Hermes Inc. Purchases 76,650 Shares of Skyworks Solutions, Inc. $SWKS

Federated Hermes Inc. boosted its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 16.5% during the 3rd quarter, Holdings Channel reports. The fund owned 541,957 shares of the semiconductor manufacturer’s stock after buying an additional 76,650 shares during the period. Federated Hermes Inc.’s holdings in Skyworks Solutions were worth $41,720,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Park Place Capital Corp boosted its stake in shares of Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares in the last quarter. Financial Consulate Inc. bought a new position in Skyworks Solutions in the third quarter worth approximately $29,000. Atlantic Union Bankshares Corp purchased a new stake in Skyworks Solutions during the second quarter worth $28,000. Clearstead Trust LLC boosted its position in Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Skyworks Solutions during the 2nd quarter valued at $32,000. Institutional investors own 85.43% of the company’s stock.

Analysts Set New Price Targets

SWKS has been the subject of several recent research reports. Barclays reduced their price target on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Zacks Research upgraded shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, January 16th. 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 report on Wednesday, November 5th. Wall Street Zen downgraded shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Piper Sandler raised shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the company from $70.00 to $140.00 in a research report on Wednesday, October 29th. Two 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 given a Sell rating to the company. Based on data from MarketBeat.com, Skyworks Solutions currently has a consensus rating of “Hold” and a consensus price target of $76.83.

Skyworks Solutions Stock Performance

SWKS opened at $55.79 on Friday. The company has a market cap of $8.36 billion, a P/E ratio of 18.17 and a beta of 1.30. The company has a quick ratio of 1.76, a current ratio of 2.33 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average price is $63.34 and its 200-day moving average price is $70.01. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $90.90.

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

Insider Buying and Selling at Skyworks Solutions

In related news, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was 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 in the company, valued at $1,234,638.72. This trade represents a 19.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at 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 sale, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is 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.