Robeco Institutional Asset Management B.V. Has $12.76 Million Holdings in Skyworks Solutions Inc (SWKS)

Share on StockTwits

Robeco Institutional Asset Management B.V. raised its position in shares of Skyworks Solutions Inc (NASDAQ:SWKS) by 16.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 140,666 shares of the semiconductor manufacturer’s stock after buying an additional 19,794 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.08% of Skyworks Solutions worth $12,757,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. First Trust Advisors LP lifted its stake in Skyworks Solutions by 31.1% during the third quarter. First Trust Advisors LP now owns 1,391,837 shares of the semiconductor manufacturer’s stock valued at $126,254,000 after buying an additional 330,404 shares in the last quarter. IFP Advisors Inc lifted its stake in Skyworks Solutions by 95.3% during the third quarter. IFP Advisors Inc now owns 5,406 shares of the semiconductor manufacturer’s stock valued at $490,000 after buying an additional 2,638 shares in the last quarter. Pillar Pacific Capital Management LLC lifted its stake in Skyworks Solutions by 7.0% during the third quarter. Pillar Pacific Capital Management LLC now owns 24,905 shares of the semiconductor manufacturer’s stock valued at $2,259,000 after buying an additional 1,640 shares in the last quarter. Dearborn Partners LLC lifted its stake in Skyworks Solutions by 67.2% during the third quarter. Dearborn Partners LLC now owns 3,463 shares of the semiconductor manufacturer’s stock valued at $314,000 after buying an additional 1,392 shares in the last quarter. Finally, Ledyard National Bank lifted its stake in Skyworks Solutions by 8.0% during the third quarter. Ledyard National Bank now owns 53,188 shares of the semiconductor manufacturer’s stock valued at $4,825,000 after buying an additional 3,948 shares in the last quarter. 80.49% of the stock is owned by institutional investors.

In related news, Director David J. Aldrich sold 10,000 shares of the stock in a transaction that occurred on Friday, August 24th. The stock was sold at an average price of $92.89, for a total value of $928,900.00. Following the transaction, the director now owns 152,252 shares in the company, valued at $14,142,688.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David J. Aldrich sold 5,500 shares of the stock in a transaction that occurred on Friday, October 5th. The stock was sold at an average price of $90.48, for a total value of $497,640.00. Following the completion of the transaction, the director now owns 147,752 shares in the company, valued at approximately $13,368,600.96. The disclosure for this sale can be found here. Insiders sold 41,500 shares of company stock valued at $3,797,600 over the last three months. 0.47% of the stock is owned by insiders.

A number of analysts have commented on the stock. BidaskClub lowered shares of Skyworks Solutions from a “hold” rating to a “sell” rating in a research note on Friday, October 26th. Barclays reduced their price objective on shares of Skyworks Solutions from $120.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, October 23rd. Zacks Investment Research lowered shares of Skyworks Solutions from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Morgan Stanley reduced their price objective on shares of Skyworks Solutions from $80.00 to $79.00 and set an “underweight” rating for the company in a research note on Wednesday, October 3rd. Finally, ValuEngine raised shares of Skyworks Solutions from a “strong sell” rating to a “sell” rating in a research note on Friday, September 21st. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating and sixteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $114.10.

NASDAQ SWKS opened at $86.76 on Thursday. The company has a market capitalization of $14.51 billion, a PE ratio of 14.51, a P/E/G ratio of 0.81 and a beta of 0.60. Skyworks Solutions Inc has a 52-week low of $79.27 and a 52-week high of $117.65.

Skyworks Solutions Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators.

See Also: Understanding Price to Earnings Ratio (PE)

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

Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply