Focus Partners Wealth raised its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 22.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 303,549 shares of the semiconductor company’s stock after buying an additional 55,156 shares during the period. Focus Partners Wealth owned about 0.12% of Amkor Technology worth $5,482,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Amkor Technology by 2.3% during the first quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company’s stock valued at $289,416,000 after buying an additional 361,010 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Amkor Technology by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company’s stock worth $241,980,000 after purchasing an additional 365,975 shares during the period. American Century Companies Inc. boosted its holdings in shares of Amkor Technology by 8.4% during the first quarter. American Century Companies Inc. now owns 2,937,593 shares of the semiconductor company’s stock worth $53,053,000 after purchasing an additional 228,591 shares during the period. SW Investment Management LLC boosted its holdings in shares of Amkor Technology by 89.3% during the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock worth $47,859,000 after purchasing an additional 1,250,000 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of Amkor Technology by 41.8% during the first quarter. AQR Capital Management LLC now owns 2,572,313 shares of the semiconductor company’s stock worth $45,967,000 after purchasing an additional 757,956 shares during the period. 42.76% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have recently weighed in on AMKR shares. Needham & Company LLC increased their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Wall Street Zen upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a report on Friday, September 5th. JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Morgan Stanley reiterated an “equal weight” rating on shares of Amkor Technology in a report on Tuesday, July 29th. Finally, The Goldman Sachs Group assumed coverage on shares of Amkor Technology in a report on Thursday, July 10th. They set a “neutral” rating and a $20.00 target price for the company. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amkor Technology presently has an average rating of “Hold” and an average price target of $26.44.
Amkor Technology Price Performance
AMKR stock opened at $25.46 on Monday. Amkor Technology, Inc. has a 1 year low of $14.03 and a 1 year high of $32.47. The company has a market cap of $6.29 billion, a P/E ratio of 20.70 and a beta of 1.96. The firm has a 50-day moving average of $23.16 and a 200 day moving average of $20.34. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the firm earned $0.27 earnings per share. Amkor Technology’s revenue was up 3.4% on a year-over-year basis. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, sell-side analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current year.
Amkor Technology Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd will be given a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 3rd. Amkor Technology’s payout ratio is currently 26.83%.
Insider Buying and Selling
In related news, major shareholder Sujoda Management, Llc purchased 441,589 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the transaction, the insider directly owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder John T. Kim purchased 441,589 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the transaction, the insider owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This represents a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. 26.90% of the stock is currently owned by corporate insiders.
About Amkor Technology
Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.
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