First Horizon 13F: Cuts Skyworks Solutions (SWKS) Stake by $842K

On October 26, 2026, First Horizon reduced its stake in Skyworks Solutions, Inc. (SWKS) by selling 9,856 shares. After this cut, the fund now holds 63,168 shares valued at approximately $5.4 million, according to its latest Form 13F filing with the SEC.

First Horizon's reduction in shares represents a 13.5% decrease from its previous holding of 73,024 shares. The reported value of its stake fell by about $842,490.78, reflecting a strategic shift in the fund's investment approach toward Skyworks.

SWKS Skyworks Solutions, Inc.

$83.34 ▲ +32.10% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Skyworks Solutions Fits in First Horizon's Portfolio

Skyworks Solutions now accounts for 0.55% of First Horizon's total reported value of $988.7 million. This position ranks 42nd out of 1,514 holdings in the fund's portfolio.

Other Institutional Activity in Skyworks Solutions

Several other funds have also adjusted their positions in Skyworks. PensionDanmark Pensionsforsikringsaktieselskab reduced its holdings by 35,765 shares, now holding 5,489 shares worth about $469,200. Meanwhile, Pzena Investment Management LLC decreased its stake by 132,086 shares, maintaining a significant position of 15,975,963 shares valued at approximately $1.33 billion. FIL Ltd also trimmed its holdings by 122,699 shares, now owning 8,518,069 shares worth about $709.9 million.

Skyworks Solutions, Inc. Stock Up 1.2%

Skyworks Solutions shares closed at $83.34 on October 26, 2026, which is about equal to its recent trading price. The stock is currently above its 50-day moving average by 6% and 24.4% above its 200-day average, indicating some strength in recent trading despite being 10.2% below its 52-week high of $92.80.

Recent Earnings

Skyworks Solutions reported a trailing twelve-month revenue of approximately $4.01 billion, reflecting a year-over-year revenue decline of 3.1%. The company has a net margin of 7.2% and an EPS of $1.93. Its next earnings report is scheduled for November 3, 2026.

Insider Buying and Selling at Skyworks Solutions, Inc.

Recent insider activity includes General Counsel Robert John Terry selling 4,945 shares valued at about $307,982 on November 19, 2025, and Chief Technology Officer Reza Kasnavi selling 7,332 shares worth approximately $456,519 on the same date. Both transactions occurred before the recent changes in the fund's position.

Analysts Set New Price Targets

Analysts have mixed ratings on Skyworks Solutions. On October 1, 2026, RBC Capital maintained a 'Sector Perform' rating with a price target of $95.00. Citigroup also maintained a 'Neutral' rating with a target of $90.00 on October 6, 2026. Additionally, B. Riley Securities upgraded the stock to 'Buy' with a target of $107.00, while Mizuho maintained an 'Underperform' rating with a target of $61.00.

About Skyworks Solutions

Skyworks Solutions, Inc. develops and markets semiconductor products, particularly analog and mixed-signal devices. The company operates in various global markets, providing solutions that enable wireless communications. First Horizon's recent cut in its stake reflects broader strategic adjustments in the semiconductor space.

Bottom Line

Investors should watch for Skyworks' upcoming earnings report on November 3, 2026, which could provide further insights into the company's performance. First Horizon's decision to reduce its position in Skyworks suggests a cautious approach, and it will be interesting to see how other funds respond in future filings.