Channing Capital Management LLC Buys Shares of 65,941 Amkor Technology, Inc. $AMKR

Channing Capital Management LLC bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 65,941 shares of the semiconductor company’s stock, valued at approximately $1,873,000.

A number of other institutional investors and hedge funds also recently modified their holdings of AMKR. Vanguard Group Inc. boosted its stake in Amkor Technology by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock worth $448,148,000 after acquiring an additional 687,900 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Amkor Technology by 30.0% in the 2nd quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock valued at $80,147,000 after buying an additional 880,738 shares during the period. AQR Capital Management LLC increased its position in shares of Amkor Technology by 38.3% in the 2nd quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock valued at $74,541,000 after buying an additional 985,727 shares in the last quarter. Geode Capital Management LLC raised its stake in Amkor Technology by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,255,475 shares of the semiconductor company’s stock worth $47,349,000 after buying an additional 27,432 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Amkor Technology by 15.1% during the second quarter. Bank of New York Mellon Corp now owns 1,692,661 shares of the semiconductor company’s stock worth $35,529,000 after acquiring an additional 222,507 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $49.28, for a total value of $246,400.00. Following the completion of the sale, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $1,175,919.36. This trade represents a 17.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Maryfrances Mccourt sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.02, for a total value of $920,400.00. Following the transaction, the director owned 55,918 shares of the company’s stock, valued at $2,573,346.36. This represents a 26.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 66,000 shares of company stock worth $3,135,310 in the last three months. Insiders own 26.90% of the company’s stock.

Analysts Set New Price Targets

AMKR has been the topic of a number of research analyst reports. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. DA Davidson upped their price target on shares of Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. The Goldman Sachs Group raised their price objective on shares of Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. William Blair upgraded Amkor Technology to a “neutral” rating in a report on Monday, January 12th. Finally, Wall Street Zen upgraded Amkor Technology from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $49.86.

Amkor Technology Price Performance

NASDAQ:AMKR opened at $47.94 on Monday. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $57.09. The company has a market cap of $11.86 billion, a P/E ratio of 31.75 and a beta of 2.00. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27. The stock’s 50-day simple moving average is $46.94 and its 200 day simple moving average is $36.39.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the company earned $0.43 earnings per share. The business’s revenue was up 15.9% compared to the same quarter last year. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, sell-side analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 12th. Amkor Technology’s dividend payout ratio is presently 21.85%.

Amkor Technology Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.