Pzena Investment Management increased its position in SWKS after a quarterly decline, citing long-term value despite broader market challenges.
Pzena Investment Management’s Focused Value Strategy added to its Skyworks Solutions (NASDAQ:SWKS) stake in Q1 2026, despite a -4.7% net return for the quarter. The Russell 1000 Value Index rose 2.1% over the same period, driven by energy stocks amid geopolitical tensions and AI-related uncertainty.
Skyworks Solutions closed at $76.18 on June 22, 2026, with a -8.68% one-month return but a 3.76% gain over the past year. The company holds an $11.46 billion market capitalization. Pzena’s move reflects confidence in SWKS’s long-term prospects despite short-term volatility.
The firm’s Q1 2026 commentary noted broader market challenges but emphasized opportunities in undervalued equities.