Shares of Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $29.6250.
Several equities analysts recently weighed in on the company. DA Davidson increased their target price on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. UBS Group raised their target price on shares of Amkor Technology from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. The Goldman Sachs Group increased their price target on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Finally, Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th.
Get Our Latest Analysis on AMKR
Amkor Technology Stock Down 0.8%
Amkor Technology (NASDAQ:AMKR – Get Free Report) last issued its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.09. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the previous year, the firm posted $0.49 EPS. Amkor Technology’s revenue was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, sell-side analysts anticipate that Amkor Technology will post 1.47 earnings per share for the current year.
Amkor Technology Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Wednesday, December 3rd. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.
Insider Activity
In other news, EVP Farshad Haghighi sold 11,792 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total value of $294,800.00. Following the transaction, the executive vice president directly owned 8,354 shares in the company, valued at $208,850. This trade represents a 58.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $30.74, for a total value of $307,400.00. Following the completion of the transaction, the chief executive officer directly owned 356,699 shares in the company, valued at $10,964,927.26. This represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 31,792 shares of company stock valued at $902,200 over the last 90 days. 26.90% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Amkor Technology
Several large investors have recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in Amkor Technology by 100.6% during the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after purchasing an additional 3,454,012 shares during the last quarter. SW Investment Management LLC boosted its stake in shares of Amkor Technology by 89.3% during the 1st quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after buying an additional 1,250,000 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Amkor Technology by 305.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after buying an additional 1,186,313 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Amkor Technology by 38.3% in the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after buying an additional 985,727 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Amkor Technology by 201.4% in the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock worth $24,647,000 after buying an additional 911,886 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.
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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