Fifth Third Bancorp Lowers Stock Holdings in Amkor Technology, Inc. $AMKR

Fifth Third Bancorp lessened its holdings in Amkor Technology, Inc. (NASDAQ:AMKR) by 92.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,595 shares of the semiconductor company’s stock after selling 18,468 shares during the period. Fifth Third Bancorp’s holdings in Amkor Technology were worth $45,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AMKR. Bessemer Group Inc. boosted its stake in shares of Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 391 shares during the period. Allworth Financial LP lifted its holdings in Amkor Technology by 21.5% in the 2nd quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 467 shares in the last quarter. Arizona State Retirement System lifted its holdings in Amkor Technology by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 36,553 shares of the semiconductor company’s stock worth $1,038,000 after purchasing an additional 503 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Amkor Technology by 24.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,784 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 548 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Amkor Technology by 7.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,082 shares of the semiconductor company’s stock valued at $170,000 after buying an additional 573 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Amkor Technology Stock Up 3.1%

Shares of NASDAQ AMKR opened at $48.53 on Wednesday. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $57.09. The firm’s 50-day moving average price is $47.17 and its 200-day moving average price is $36.74. The stock has a market capitalization of $12.00 billion, a price-to-earnings ratio of 32.14 and a beta of 2.00.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.26. The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, equities research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

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

Insider Buying and Selling at Amkor Technology

In related news, Director Maryfrances Mccourt sold 20,000 shares of Amkor Technology stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $46.02, for a total transaction of $920,400.00. Following the completion of the transaction, the director directly owned 55,918 shares of the company’s stock, valued at approximately $2,573,346.36. The trade was a 26.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gil C. Tily sold 20,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $46.44, for a total transaction of $928,800.00. Following the transaction, the director owned 123,806 shares in the company, valued at $5,749,550.64. The trade was a 13.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 66,000 shares of company stock valued at $3,135,310. Insiders own 26.90% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on AMKR. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Needham & Company LLC boosted their price target on shares of Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. UBS Group set a $43.00 price objective on Amkor Technology in a research report on Tuesday, February 10th. Wall Street Zen raised Amkor Technology from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Finally, B. Riley Financial increased their price target on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $49.86.

Amkor Technology Company 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.